The leave management system is a crucial part of the main HR operations. An efficient leave management system helps the HR department to record, maintain, and track employee leaves, leave requests, and absences. It assists the department in managing the work in the absence of employees. A leave management system streamlines HR functions to a greater extent.
Timelabs provides a comprehensive solution to leave management by delivering technically sound leave management software.
The government sector of the private corporate sector provides the following types of leaves:
- Earned leave (EL) or privileged leave (PL)
An employee is entitled to earned leave after putting in a certain amount of time at a company. They also encash it by declining to accept these leaves.
- Casual leaves (CL)
Management approves casual leaves; these are for a short duration of time. Although an employee can take 7 days of leave, this number varies from company to company.
- Sick leave or wellness leave (SL)
For sick leave, an employee has to provide a medical certificate. Sick leave can be extended as per the health condition of the employee.
- Leave without pay
If an employee has used all of his or her leaves and needs more, he or she will not be paid for those leave days.
- Compensatory leaves (Comp Off)
Employees who put in extra hours or work on holidays are given compensatory time off for those working days.
- Maternity leaves
In India, pregnant women receive paid leave for 26 weeks. These terms also differ from company to company.
- Paternity leaves
These are provided to new parents as fathers. According to the company’s leave policies, the length of these leaves ranges from 2 days to 20 days.
The benefits of using leave management software
- Visible access
A technically sound leave management system enables employees to access their leave balance. The HR department can also access the employees’ leave balance, list of holidays, and department schedules. It empowers the HR department to evaluate and approve leave requests in a better way.
- Customized System
Leave policies and procedures vary from company to company. A leave management system is a customized solution that aligns with your company’s policies.
- The Web-driven System
The leave management system is cloud-based. That offers a smooth streamlining of the entire leave management process within an organization. Employees can edit this user-friendly interface without any hassle.
- Automated System
Leave management software is automated and automatically updates all the information, thus simplifying attendance and leave management operations.
- Quick Reporting
A leave management system has an inbuilt reporting module. It can create interactive reports based on attendance and leave the history of the employee. This efficient leave management software enables the HR department to analyze reports and take the right decisions.
- Real-time Visibility
A fully upgraded leave management software gives real-time visibility to track the working hours and off days of remotely working employees. Furthermore, it allows the employer or HR department to track the leave and attendance records from anywhere.
- Eliminate Manual Error
An efficient leave management system does decrease not only manual efforts but also eliminates manual errors. It draws the information and makes updates on the basis of actual data.
- Add Value to an Organization
Operating leave management tasks manually is quite tedious and time-consuming. This system is effectively operated by leave management software, allowing the HR department to focus on important business tasks.
Timelabs’ leave management software accurately and quickly maintains and manages the leave systems of employees, helping organizations to achieve their objectives.