Time and Attendance Software – Why it matters

With the unemployment rate currently standing at a staggering 8.3% of the economically active population and more small companies going out of business every day, keeping track of your company costs has never been more important. Having a fully functioning time and attendance system within your business will not only help you track your businesses costs but show you where within your organisation you could save some money.

According to the Office for National Statistics for February of 2012, the unemployment rate was a staggering 8.3% of the economically active population. At this time, the average remuneration for an employee, across the private sector, was £430 per week. With more and more small companies going out of business in these hard economic times, it is important to keep a tight track on all costs for your company, and save money wherever possible.
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