Why You Need to Use a Leave Management System

A successful corporate leave policy can add tremendous value to any employer. A high performing company will increase their profits in many ways, by reducing sick leaves, stress injuries, turnover and on-the-job injuries. All these factors add up financially. A large amount of savings can be achieved by having a well implemented Leave Management System (LMS) programme. The success of a company can also be enhanced by maintaining an efficient work place environment, with a productive, creative and fun staff.

An effective Leave Management System can help reduce the costs associated with providing benefits for employees, while maintaining a high level of service and creativity within all organisations. The main features of this kind of employee management systems are:

Manage employee time-off requests. The Leave Management System can help manage employee time-off requests easily and effectively. The new LMS allows the creation of various employee vacation requests as per the company's defined criteria. In addition to managing employee time-off requests, it helps prevent the loss of productive time during peak periods of the year. The automated processes provided by the system can prevent the need to make thousands of phone calls each week to individual staff members concerning extraneous or unimportant leave related issues.

Enhance employee retention. One of the major reasons behind employee turnover is poor management of their leaves. Most organisations have failed to maximise the period of time employees take off, and consequently have seen a decline in employee morale. The use of a cloud-based LMS provides a highly cost-effective solution that manages all aspects of an individual's leave records, helping to ensure they are appropriately managed, and therefore maximising retention levels.

Reduce paperwork. One of the most common reasons for employees leaving an organisation is a fear of having to deal with a large amount of paperwork. An effective leave management system allows employees to reduce the amount of paperwork involved with their future leave requests, as well as being able to submit their request much faster. Allowing employees to submit their details electronically also makes it far easier for HR staff to process these requests and determine what leave is available next year. Furthermore, using a cloud-based LMS, it is possible for any updates or changes to be made to the schedule without requiring human intervention.

Achieve greater employee engagement. The introduction of a new system that manages an organisation's absence policy was often cited as a reason for greater employee engagement. Surveys showed that increased use of the electronic system resulted in more individuals requesting leave, which in turn led to increased retention levels. Additionally, when organisations use an LMS, they are able to tailor their leave requests to meet the needs of individual employees, as well as the overall business objective of increased staff productivity.