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Can mining piles of data lead to profitable insights about employee vacations? We reckoned the answer to that (and much more) was hidden in the troves of time-tracking info we host for our customers. Access to this kind of powerful aggregated data is one of the major benefits of being on a SaaS platform. So we obtained anonymized data from willing participants, combed through it to see what insights we could get and packaged it as our first ever “Productivity Index.” We hope this type of visibility will make it easier for companies to look ahead, and make adjustments to sustain their revenue streams. For example, they’ll avoid slumps in productivity by correctly anticipating when employees will request vacation time, and adding fill-in help accordingly. But the helpful insight in this case isn’t about the most-requested time of year for vacation (it’s June through August, which you probably guessed). Rather, it’s learning what percentage of people plan to be away from work: 52 percent more than in the spring. This knowledge can help companies implement productive strategies.

What else does the Replicon Productivity Index reveal? There’s much more than we can cover in a blog post, but many of the facts aren’t as easy to guess as you might think. For example, we all know it’s common for people to take an extra day off either before or after a holiday. But which of the following is NOT among the top three holidays that most often require an extra day of celebration or recovery? Memorial Day, Labor Day, Independence Day, or Thanksgiving. Find the answer in our press release, and prepare to hear much more about insights you can use, from our Productivity Index.

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Global Compliance Desk – Ireland

New Unpaid Parental Leave Entitlement The Parental Leave Acts allow parents to take parental leave from employment in respect of certain children. Under the Parental Leave Act 1998, parents of…Read More

Global Compliance Desk – Germany

Annual Leave Entitlement During Unpaid Special Leave  An employee who is continuously on unpaid special leave for a calendar year is not entitled to holiday leave in the absence of…Read More

25 Employee Payroll Tips for Small Business Owners

Recruiter | July 05, 2019 By Lakshmi Raj, Co-Founder and Co-CEO, Replicon Payroll can be a challenging task for any small business but with the right tools, it can become…Read More

Seven critical ways to achieve global project success

There was once a time when managing a project at work was fairly straightforward. Everyone was in the same location, or at most a mere phone call away. You’d set…Read More

Time and Attendance Orientation Guide

In a growing business, the day will eventually come when managing time and attendance on paper becomes both inefficient and risky, especially when trying to balance things like overtime, paid…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More
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