Employer's National Insurance Contributions, new Employeer's Pension
Contributions and the loss of Value Added Production/Service revenue.
(To obtain a copy of the Excel spreadsheet used to produce the chart
above Contact Us.
Then adjust the per hour Average Wage cost for your business and see
how it works out.)
businesses without some form of unbiased staff attendance recording
will be loosing 12-minutes a day per employee due to unpunctuality or
nearly late arrivals using the toilet facilities to wash and brush-up
before commencing work. Likewise, end of day working for hand washing
time losses can be experienced in connection with break periods
especially unsupervised lunch breaks which will easily double the
time losses to 24-minutes per employee per day.
may seem hard to consider expecting staff to register their times of
arival and departure from their place of work but most hourly paid
staff have little appreciation of their costs to a business. In fact,
it is probable that most salaried paid staff pay scant attention to
their actual value to a business in terms of revenue earning let
alone their actual cost to the business.
is no need to implement a time recording system as a punitive
measure against employees. It should be used as a way of reenforcing
the the value a business places on the labour hours and skills of
each employee. It should also introduce a regime of fairness whereby
it is difficult for a minority of employees to get away with bad
attendance while their colleagues cover for them.
all a Staff Attendance System should enable the management of a
business to be more efficient thus helping to ensure the stability of
employment for all concerned. (There is nothing efficient in trying
to remember who worked when last week or taking in written up time sheets.)
Staff Attendance Records will also stand a business in good stead if
a dispute arises with a recalcidrent employee who may take a business
to a tribunal hearing. The presence of sound personel recording
procedures will largely eliminate the risk of this costly and time
implementation and requirement of a staff Attendance System should
be consider carefully as it will vary from busines to business.
However, a properly organised system will undoubtedly benefit a
business both finacially and in broader management terms. BUSINESSES
BUY LABOUR HOURS AND IN EFFECT SELL THEM ON TO CUSTOMERS AT AN ADDED
VALUE TO COVER ALL THE FIXED COSTS AND INVESTMENT INCOME RETURNS.
should strive to manage the labour resouces available to the
business with the same assiduousness as that of normal financial controls.