On any given day as much as 10% of your workforce may be absent. Chances are, you have the historical data available to leverage your company’s productivity. Much of that data, however may be stored and tracked in different areas in order to adhere to reporting and compliance regulations. Without a method of consolidating this data, your company can’t turn this information into an effective absence management strategy.
Many companies have FMLA spreadsheets, methods of hourly time tracking, and vacation databases. This data can help you to find current gaps in your absence management plan and create actionable information that will make your company more productive. Finding a method to consolidate historical data will help you to:
Understand the leading types of absences- Average duration of each absence type
- Determine if there are specific site or division challenges
- Create projections for occupational classes/employee segments for business units
- Know when employees have exhausted their leave entitlement
- Approve, deny or close employee benefit claims
- Know your company’s ROI for specific absence management procedure enhancements
Reporting and compliance complexities often hinder a company’s efforts to create an effective absence management strategy. While some absence information may need to be tracked separately as a part of compliance, the company can still leverage this historical data in order to determine future trends.
Data management is an essential part of effective absence management. It will also help you determine what absence management tools your company needs to make your organization more productive. There are many Human Resource Information System, Disability and Workers Compensation vendors that can help your company consolidate your historical absence data so that you can turn it into actionable information.
Contact the experts at Actec to learn more about our proprietary software that will help you in your goal to create an effective absence management solution.

Absence management encompasses all facets of attendance, including tardiness, frequent or lengthy breaks, and more. These all affect workplace productivity, which has a direct effect on a business’ bottom line. By resolving productivity issues, employers can reduce the related attendance concerns.
While come causes for absences are legitimate and unavoidable, many others have nothing to do with sickness, injury, or loss. These are job related conditions, and if they aren’t analyzed and controlled they can significantly undermine your bottom line and your company’s reputation.
Absenteeism is an issue that employers must deal with all year round. However, absenteeism tends to increase during certain times of the year such as holidays and during the summer. The reasons for attendance issues during the summer are numerous.
Insurance claims, much like hospital patients, require proper triaging. For example, an emergency room will tend to an individual with a bleeding head wound before they treat the patient complaining of a persistent stomachache. Unfortunately, claims do not always follow appropriate triaging upon first notice of loss (FNOL). Inefficient systems and limited data are often the cause of misrouted claims and delays. This aggravates customers and can result in increased costs as well as lost business.
Insurance companies have to balance several priorities while managing claims. They need to ensure the loss information is accurate, control costs, and keep customers happy. Thankfully, there are several new technologies designed to help insurance providers improve their performance.
Customers never think about insurance until they need it. When it comes time to file a claim, consumers want the process to be fast, streamlined, and accessible. By modernizing your FNOL processing you will be able to improve the customer experience.
Handling employee attendance is one of the more difficult parts of managing a company. Some absences are legitimate while others are inappropriate; it is a delicate process determining which is the case. Managers cannot begin to handle absence issues without understanding why employees call out of work in the first place. Once a manager has a grasp of why employees are struggling with attendance, they can develop a plan to resolve the issue.