7 Benefits of PTO Tracking Software for Your Business
Did you know that the average amount of PTO days for an employee is between 13 and 16 days per year?
Although it doesn’t seem like a lot, tracking PTO for this many days out of a year for more than 100 employees can be a lot of work. You can lose the emails, not keep track right away, and it can take time away from all the other business tasks you have to do.
That’s why PTO tracking with PTO software is such the rage these days. It can streamline your business in so many ways. If you are ready to learn about the seven benefits of having PTO tracking software, keep reading!
1. Increased Productivity
One of the biggest benefits of PTO tracking management software is that it can help increase productivity. That’s because it helps to streamline the process of requesting and approving time off as well as tracking it the entire time. This drastically reduces how much time is spent on vacation tracking.
Instead, this will free up time where you can do other things for your business or employees. This also makes it easier on employees, too! A PTO tracker enables everyone to do things in a much easier way than trying to track PTO manually, send emails, and so on.
2. Improved PTO Tracking Accuracy
We’re all human. It can be easy to make mistakes when tracking PTO when doing it manually. Vacation tracking done on a PTO tracker can improve accuracy, though.
It can help to ensure that employees are accurately tracking their time off. It also ensures that you have access to seeing everything in one place as a business owner or employer.
This reduces errors that could be made and disagreements that could stem from it.
3. Reduced Costs
When you think of using staff management software, you may not think that it could reduce costs. However, PTO software will reduce the costs of tracking that are associated with the manual process of tracking PTO.
You no longer would have to worry about paper forms, administrative overhead, and the actual time spent tracking.
When you reduce the manual workload of PTO tracking, it saves a lot of time and money for the business.
4. Increased Compliance
PTO tracking software also ensures that businesses are compliant with federal and state regulations. It ensures compliance with regulations regarding employee leave under the Family and Medical Leave Act as well as PTO and vacation tracking.
This makes it easier for everyone to ensure that they are doing things correctly. It also reduces the risk of errors in terms of compliance as well as any legal disputes or penalties for the company.
5. Improved Visibility
PTO tracking software can provide managers and HR professionals with real-time visibility into employee time off requests and usage of the software.
This can help employers make better decisions about staffing and resource allocation, and can also help them identify potential issues before they become problems.
For instance, if you as an employer notice that someone is taking more time off than others, it may be valid to have a conversation with them. Additionally, you can see if someone is taking advantage of vacation stacking or taking too much time off in general.
This could lead to a talk before it becomes a larger issue.
6. Simplified Reporting
PTO tracking software can provide businesses with detailed reports on employee time off.
This can help you identify trends and make informed decisions about staffing and resources. If you are tracking manually, things can get lost easily so you may not have everything you need to actually keep track of it all.
Everything is in one place so you don’t have to worry about finding information, filing it away, or staying organized. The PTO software will keep track of all of it for you.
Additionally, this can also help simplify the process of reporting time off to payroll and other stakeholders.
7. More Employee Engagement
PTO tracking software can help improve employee engagement and satisfaction by providing employees with more control over their time off. When an employee feels that they have to request time off via email, this can be more daunting. This means that they may not be as likely to reach out and take the time off that they want.
In turn, this will also reduce employee satisfaction. If someone wants to take time off and doesn’t for fear of judgment, this will just lead to burnout down the road.
However, using staff management software for vacation tracking can drastically help to increase job satisfaction and reduce turnover rates. This is because it is a more anonymous system and all behind a platform, which may give employees the feeling that it is not as risky to request time off.
PTO Tracking Made Easy
With so many benefits to PTO tracking, it’s almost a no-brainer to get staff management software for your business! Having a PTO tracker will make everyone happier because it simplifies the process, increases employee engagement and job satisfaction, and helps keep track of employees’ PTO.
If this is something that sounds quite enticing, it is! TimeTrakGO is a time clock software that helps with tracking employee hours, days off, and more.
This PTO tracking software makes a business run smoother and its productivity skyrockets because it takes away the added task of tracking manually.
Ready to learn more about how it works? You can click here to try it for free!