Depending on industry, leave management is synonymous with phrases like benefit time, non-productive time, etc. Every industry is subject to regulations designed to ensure fair and consistent awarding of employee leave. The most common type of leave is vacation time, but sick time and personal time also require administration.
Many companies require close monitoring and tracking of earned leave.
Benefits of Leave Management Calculate employee leave time and provide real time validation Document compliance with company policies and with FMLA Empower employees and supervisors with self-service Automated leave management ensures that employees accrue the amount of leave to which they are entitled. It also provides a quick and efficient validation method that saves time and eliminates a cumbersome paper process. It can prevent managers from accidentally authorizing leave time that has not yet been earned by the employee. Leave management ensures compliance with government and enterprise regulations. Industry studies estimate that the time spent on the entire process is reduced by 50 percent.