What is the attendance cycle?

The Attendance Cycle is an effective tool for managing the employee payroll, allowing employers to calculate employee attendance without delay. An employer imports daily attendance & monthly leaves data through biometric systems, attendance management system and other attendance tools for monthly payroll processing.

What are the components of attendance cycle?

The attendance cycle contains a lot of components like –

• Work hours: Employers must inform employees about the regular work hours expected of them. Their attendance is calculated based on the decided work hours.
• Attendance monitoring systems: Companies need to use an attendance tracking system that allows employees to punch in or out of the workplace. It makes it easier for employers to track employee work hours.
• Attendance policies: Employers must specify the attendance policies that include – leave policies, late and early arrivals, departures, etc. Employees need to know about the leave policies, how to regularize their attendance and their late and early departures.
• Overtime policies: There should be policies in place to ensure – what is considered as overtime, overtime pay, overtime tracking, and overtime pay.
• Absence reporting: While the attendance should be tracked by the attendance monitoring system, employees should also be aware of how to apply for absence.

FAQs

What is attendance cut-off date?

The attendance cut-off date is the last day of the attendance cycle. Any LOP days before the attendance cut-off date will be considered in salary processing. But the LOP days after the cut-off date won’t be considered in the current cycle.

Why is attendance important in salary processing?

Employers pay employees based on attendance. If an employee is absent on certain days and they have not worked enough hours, employers can deduct their salary accordingly.