Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information on how we use and manage cookies please take a look at our privacy and cookie policies. Some parts of the site may not work properly if you choose not to accept cookies.

Home > Optis > White Paper: Can a Focus on Leave Management Affect Your Bottom Line?

White Paper: Can a Focus on Leave Management Affect Your Bottom Line?

White Paper Published By: Optis
Published:  Mar 07, 2013
Type:  White Paper
Length:  5 pages

The uncertain economic environment has shifted the focus of human resources and employee benefits in many companies away from retention to concentrating on improving productivity, driving down costs and improving other returns. But the alarming reality is that the cost of all employee absence accounts for an astronomical 36 percent of an employer’s payroll.

In the white paper “Can a Focus on Leave Management Affect Your Bottom Line?” Optis reviews all the factors that impact leave, as well as how companies can better manage absence. The biggest danger companies face is that siloed systems cost more than they realize.

In looking at how absence impacts the bottom line, this paper includes:

  • Which elements of employee absence are considered leave
  • How a company can track disparate people data
  • What to look for when considering the purchase of a leave management system

The answer lies in integrating absence information. Companies can then improve programs to help return healthy and productive employees to work sooner, reduce administrative burdens and lower costs.

Tags : 
people data management, disparate people data, analyze leave data, employment data, employee benefits data, workforce data management, integrated people data, people data strategy, leave management system, absence management system, employee leave costs, absence management costs, leave management software, absence management program, leave administration, leave tracking system, absence management, leave management, online leave management, cloud leave tracking