Mimeo Selects Replicon to Support its Global Workforce
REDWOOD CITY, California – April 26, 2016 – Replicon, the leading provider of time asset management soluti…
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SAN MATEO, CA – June 28, 2011 – New data from Replicon, the market leader in Web-based timesheet software, shows companies face a major productivity challenge in the summer months as employees are 31 percent more likely to use vacation time in June through August than any other time of the year. The data reveals that the most popular sick days are the Tuesday after Memorial Day and Labor Day and most surprisingly, managers take significantly more sick days than non-managers. Based on information from approximately 100,000 users in more than 1,000 participating companies, the Replicon Productivity Index tracks trends and presents insights about employee productivity throughout the year.
“In today’s economy, a decrease in employee productivity can pose a greater challenge to businesses than ever before,” said Lakshmi Raj, co-founder and co-CEO of Replicon. “It’s critical that companies have complete visibility into workforce productivity trends and are able to implement tools and strategies that balance employee time off with critical activities to ensure business success .”
Key findings from the Replicon Productivity Index include:
“It can be difficult for businesses to strike a balance between accommodating employees’ vacation requests and ensuring their productivity doesn’t suffer,” said Raj. “Replicon allows companies to stay on top of out-of-office schedules so they can mitigate downtime and ensure they have enough people in the office to cover the workload and keep business moving as usual.”
Replicon offers companies a complete, hassle-free solution 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 companies do not feel the slump in the summer and rest of the year, including:
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