Business owners, if half your workforce fails to show up on Tuesday, July 5, there’s a good chance that there really was something funky in the potato salad. But if the same thing happens right after Labor Day, it may be time to drop the hammer.
New data from Replicon, a provider of time-and-expense software for businesses, reveals some interesting findings about employee productivity, such as the fact that the Tuesdays after Memorial Day and Labor Day and the Wednesday before Thanksgiving rank among the most popular sick days.
Based on the data from approximately 100,000 users in more than 1,000 participating companies around the world, the Replicon Productivity Index tracks trends and presents insights about employee productivity throughout the year. For example, the study shows that employees are 31 percent more likely to use vacation time in June through August than any other time of the year.
Additional findings from the Replicon Productivity Index include:
Replicon offers companies a way to track time and attendance policies within one end-to-end solution. In advance of the “Summer Slump” in productivity, Replicon offers several tools that allow managers and employees to track and maintain productivity to ensure that companies do not feel the slump in the summer and rest of the year, such as the following:
Replicon's portfolio of SaaS applications includes Web TimeSheet Project & Billing, Web TimeSheet Time & Attendance, Web Expense, Web Schedule and Web Resource. Clients include Ernst & Young, Cornell University, Health Canada, Shell, Verizon, Ferrari and Amazon.
Source: Website Magazine
About Replicon
Replicon is the leading provider of cloud-based time sheet software with over 1.5 million users in 70 countries. For over 15 years, Replicon has empowered thousands of companies of all sizes to increase their productivity and profitability by providing hassle-free time and expense management capabilities and superior customer service. Our growing suite of fully-integrated applications provides a complete solution for any time tracking need including professional services, IT chargebacks, project costing, time & attendance, time off and more.
Replicon's clients include Ernst & Young, Cornell University, Health Canada, Shell, Verizon, Ferrari and Amazon. For more information about Replicon's products and services, contact Replicon at 1-877-662-2519 (US / Canada only), send an email to info@replicon.com, or visit http://www.replicon.com