Nearly half of all businesses offer floating holidays to their employees.
In addition to paid time off (PTO), a benefit like floating holidays gives employees some flexibility. Flexible time-off options make employees feel valued.
These benefits can cause employee time tracking to be tricky for the employer, however. Consequently, employers often look for the best holiday-tracking software to manage time off like floating holidays.
Are you looking to optimize floating holiday tracking? Keep reading to learn how TimeTrakGO simplifies the process and enhances your business efficiency.
What Is a Floating Holiday?
A floating holiday is a day that employees can use as a substitute for a national holiday. They can choose which day they want to take instead.
What Are the Benefits of Implementing Floating Holidays?
A floating holiday gives employees flexibility and improves team morale. Let’s look at the other benefits.
Increased Employee Satisfaction
Floating holidays improve employees’ work/life balance. When they feel satisfied with the flexibility they’re offered, productivity increases and there’s less burnout.
Reduced Unscheduled Absences
Floating holidays make it easier for employees to plan appointments and other events on days that work for them. They can also save more time for vacation and sick days. This leads to fewer employee absences.
Challenges in Tracking Floating Holidays
With varied employee schedules and some remote workers, it gets difficult to manage floating holidays. Sometimes conflicts arise with business operations. This is where holiday scheduling tools come into play.
Best Practices for Efficient Tracking
Are you looking for vacation management solutions for your business? It’s time to utilize technology for the benefit of yourself and your employees.
Implement HR software and scheduling apps with automated tracking and reporting.
Implementing a Tracking System
A simple web-based tracking system takes away the need for disorganized hand-written timesheets or arduous time clock systems. This allows you to integrate existing time-off and scheduling processes.
Our time tracking system at TimeTrakGO gives you graphical view time cards and single-user or group editing features. Other things it includes are projected hours detail, built-in report builder, and simple employee scheduling.
We also offer free customer care to answer any questions and help you get the most out of our system.
Monitoring and Adjusting
As you regularly review usage patterns, you’ll notice that TimeTrakGO’s built-in punch suggestion feature reduces the chance of employee errors. Your team will have the added benefit of fast, easy, and accurate payroll for each pay period.
As you gather employee feedback, you’ll see that the system’s straightforward system of clocking in and out is to their liking. They can also look at time cards, hours, and schedules all within the GO Clock.
Efficient Floating Holiday Tracking
Now that you know more about the importance of efficient floating holiday tracking, is it time to implement it in your company? It will allow you to balance flexibility with your business needs.
We at TimeTrakGO can help. Our goal is to provide a simple time-tracking solution that’s intuitive and easy to use. Contact us to learn more about TimeTrakGo’s simple employee time clock with a mix of basic employee scheduling.
