87 is a memorable number for several reasons.
It’s the atomic number for everyone’s favorite element, Francium, it’s been worn by famous athletes like Travis Kelce and Sydney Crosby, and 87 just so happens to be the number of SaaS products an average department has at their disposal at any given time.
87…
As CFOs and CTOs turn their attention toward slowing down SaaS Sprawl, there might come a time when you’re making the case for a valuable new HR software and they turn to you and ask, “Well, which of these 87 can you 86?”
This is why it’s more important than ever for software to go beyond making HR’s life easier, but also requires convincing the C-suite that it will make their lives easier and bottom-line healthier as well.
The Leave Management Software Leadership Wants
When it comes to running a business, leadership has countless competing interests they’re trying to balance while keeping the momentum pushing forward.
In the world of HR, oftentimes you may feel like you’re in a fight against the company taking a step backward.
Leave of absence management is an example of where doing it right can help propel the organization forward economically, but getting it wrong can send you spiraling down a costly abyss.
It’s no surprise why your C-suite has a watchful eye on your leave process more than ever.
What are they looking for in a leave of absence solution?
Leave Management Software That Reduces Compliance Risks
If your current leave management solution involves spreadsheets, manual data entry, one-off emails, and siloed systems with sensitive information, you’re likely exposing your organization to some serious compliance risks.
Here are some sobering statistics to underscore why leave of absence compliance is a top concern for both HR and leadership alike:
There are over 400 (and counting) permutations of leave laws in the U.S.
50 percent of HR respondents report they lack confidence in their ability to keep up with the ever-changing rules and regulations. They expect even more challenges in the compliance landscape over the following one to three years.
Employment lawsuits have increased by 400% in the last two decades
Approximately 70% of all businesses have been involved in employment litigation over the past five years
Employees win nearly 60% of retaliation and wrongful termination cases in court.
$2 billion in settlements went to workers in class action lawsuits against employers in 2022.
Find a leave of absence software that shores up your compliance gaps. It should deliver consistent leave support to employees to help avoid costly discrimination claims, store all sensitive data under one secure digital roof to avoid privacy concerns and data leaks, and educate managers so your organization doesn’t become a lawsuit statistic.
Tilt, a leader in the leave-of-absence technology space knows a thing or two about compliance. One Tilt customer, a Benefits Partner at a leading financial institution, told us about how Tilt helps her with FMLA…only one aspect of compliance that concerns HR teams today:
“Compliance is the biggest risk mitigation Tilt helps with. Just being able to know that even if an employee doesn’t take FMLA, but we delivered the notice to them, we’re meeting our compliance as a business is a HUGE piece of mind aspect.
Tilt provides a lot of other compliance-related relief, but specific to FMLA, having manager education and saying ‘This is what you can and can’t say to someone who is on FMLA, and here is what you need to know,’ that a level of education I couldn’t have provided to every single manager, and Tilt streamlines that for me.”
Tilt Recap: Compliance remains a top concern for organizations across the country, and most organizations can’t afford the costly compliance risks attributed to the way leaves have been historically managed. HR needs a solution that keeps the organization compliant whenever an employee needs a leave of absence.
Leave Management Software That Eliminates Manual Payroll Mishaps
Over or underpaying an employee while out on leave is surprisingly common given how complex the payment portion of the leave management function can be.
Having to factor in company pay, short-term compensation, state benefits and more is a complicated affair even for the smoothest leaves of absence. Add in the fact that employees can change states mid-leave, their pay may increase while on leave, or they may start/stop their leave at a different time than planned can all throw a wrench in the calculation.
Some companies find the process of having employees apply for state benefits too cumbersome for the employee, which means either the employees aren’t being informed and are missing out on money, or the organization is footing the bill themselves.
Tilt automatically adjusts pay calculations to ensure there are no overpayments or underpayments to an employee on leave.
Further, Tilt breaks down the payment for each leave so HR, Payroll and the employee understand exactly how much employees are getting paid and from which source. Tilt even guides employees step-by-step for employees to easily take advantage of any benefits programs they may be entitled to apply for.
“We had like 400 employees take leave already this year and before Tilt I was taking LOA meetings myself,” adds the Benefits Partner. “So for Tilt to outline the instructions for the employees and walk them through the whole process and then also outline the payment aspect? Super helpful, and it saved us a bunch of money.”
Tilt Recap: Running accurate pay calculations while an employee is on leave of absence is a major source of frustration for HR and can be costly to your organization’s bottom line. Manual data entry and calculations from data that isn’t current exposes organizations to payroll mishaps that could find employees underpaid, overpaid, or not paid by state benefits when they could be. Modernizing your leave management solution can make payroll woes melt away.
Leave Management Software That Has A Positive Impact on Employee Productivity
The way in which an employee experiences their leave of absence journey can make or break their relationship with your organization.
A bad leave management process therefore can have a few costly side effects.
Employee attrition: If employees are going on leave and not coming back because they were confused, or felt unsupported in their time of need, there is a direct and obvious cost associated with replacing that employee. That’s not counting the indirect costs of losing institutional knowledge and reputational damage.
Workforce planning in the dark: If you’re managing leaves with a spreadsheet, or you have some information living with your STD carrier, some in a spreadsheet, and some in some substandard leave system, it’s virtually impossible for your organization to have the visibility required to allocate resources and keep your employees productive.
Employee burnout: When organizations are workforce planning in the dark every time an employee takes a leave, it makes you susceptible to resources being misallocated and employees picking up the slack when there is no bandwidth to be given. This of course can lead to more costly employee attrition.
A good leave management process, therefore, should ensure employees return to work feeling empathetically supported throughout their leave journey while providing a comprehensive overview of the company’s leave status’ in order to effectively workforce plan in their absence.
Walking through the Tilt platform will give you a glimpse of how our modern leave management software works to make employee productivity a reality for businesses:
Tilt Recap: Employee productivity can take a major dip if your leave of absence process isn’t up to speed with the modern times. Employee retention, workforce planning, and burnout are all bottom-line factors that leadership counts on HR to optimize. A solution like Tilt creates an automated leave experience that supports employees and equips organizations with the insights they need to keep the engine running smoothly during leaves of absence.
Tilt’s Leave Management Software For a Better Bottom Line
Whether it’s compliance confidence, payroll accuracy, or employee productivity, it’s becoming less viable by the day for organizations to be managing leaves of absence the old way.
If you currently have a costly solution that isn’t delivering the goods, it might be time to evaluate what exactly your CFO is paying for before they break out the magnifying glass and start to question it themselves.
HR simply doesn’t have the bandwidth, systems, or expertise to keep up with the modern leave landscape and its exposing too many organizations to costly risks.
Tilt’s platform delivers comprehensive leave plans for every employee taking a leave so they have a consistent, empathetically supported journey without HR having to lift a finger. Tilt even provides 1-1 employee support for employees taking leave so your organization can rest assured your employees return to work engaged after their leave.
Improve workforce planning, payroll accuracy, and your resting heart rate every time a leave is requested by leveraging the power of TIlt.
Tilt is better for HR, employees, and your bottom line.
Tilt is leading the charge in all things leave of absence management through easy-to-use tech and human touch. Since 2017, our proprietary platform and Empathy Warriors have been helping customers make leave not suck by eliminating administrative burdens, keeping companies compliant, and providing a truly positive and supportive leave of absence experience for their people.
