The COVID-19 pandemic significantly accelerated the shift to hybrid work models, making flexible work arrangements a new norm. Today, 80% of employees expect some form of flexible working as a standard practice.
However, managing remote and hybrid teams presents unique challenges, especially in tracking employee attendance and maintaining compliance across different work locations.
This is where solutions like PeopleKey Nexus come into play, transforming how businesses manage their workforce.
Clock in from Anywhere: Flexibility and Compliance
Hybrid work arrangements have proven to be a win-win for both employees and businesses.
Research from Stanford University found that hybrid models boost employee retention while maintaining productivity levels comparable to traditional office settings.
Companies like Trip.com, which adopted a hybrid policy, experienced a significant reduction in resignation rates, especially among non-managers.
For businesses, PeopleKey Nexus supports this model by allowing employees to clock in from anywhere via mobile devices, ensuring accurate attendance tracking no matter where work occurs.
This flexibility aligns with the modern workplace’s evolving needs, helping employers maintain compliance and transparency without manual processes.
GPS Tracking and Cloud-Based Reporting: Real-Time Insights
As the trend towards hybrid work gains momentum, companies are investing in tools that enhance remote employee experience, such as GPS location tracking and cloud-based reporting.
This is crucial not only for operational transparency but also for compliance, especially with the growing popularity of “workcations,” where employees blend business travel with personal time.
A report from Topia indicates that 73% of employees are interested in adding leisure time to their business trips, creating potential compliance challenges if work locations aren’t properly tracked.
PeopleKey Nexus addresses these issues by providing real-time location data and reporting, accessible through a secure cloud platform, ensuring companies comply with labour and tax regulations even in complex work scenarios.
Seamless Integration with Payroll Systems
The complexities of hybrid work don’t stop at attendance tracking; they extend to payroll and HR processes.
In 2024, many businesses have embraced hybrid policies to improve employee satisfaction and productivity.
According to Pure Workplace, hybrid work allows employees to design their workdays around peak productivity hours, leading to more engaged and efficient teams.
However, companies still struggle with the logistical challenges of integrating remote work data into payroll systems.
PeopleKey Nexus simplifies this by integrating seamlessly with more than 20 payroll systems, eliminating the need for manual data entry, reducing errors, and saving valuable HR time.
This streamlined approach enables businesses to focus on growth rather than administrative tasks.
The Importance of Employee Autonomy in Hybrid Work
Recent surveys show that 91% of employees believe they should have the flexibility to work from wherever they want, as long as they meet their performance expectations.
PeopleKey Nexus not only supports flexible attendance but also empowers employees by giving them more control over how and where they work.
This approach fosters a culture of trust and autonomy, leading to higher productivity scores; for example, employees with location flexibility reported 81% higher productivity compared to their office-bound peers.
As businesses continue to adapt to hybrid work models, the need for flexible and reliable time-tracking systems is more pressing than ever.
PeopleKey Nexus provides the ideal solution by combining flexibility, security, and ease of use, allowing businesses to manage their workforce effectively, regardless of where employees are located.
Stay ahead in the evolving world of work with PeopleKey Nexus and give your team the tools they need to thrive in 2024 and beyond.
Visit PeopleKey and book a demo today to see how our PeopleKey Nexus solution can work for your organisation.
For more information, phone +61 2 9960 7200 Email: info@peoplekey.com
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