Don't Know Much About Arithmetic

Mel Kleiman, North America’s leading consultant on strategies for hiring and retaining the best frontline, hourly employees and their managers says "Most employers are unsuccessful in their efforts to attract quality frontline workers in sufficient numbers and retain them long enough to realize a return on their investment. Because hourly employee turnover rates historically run from 70 to 120 percent per year in most industries, it’s easy to understand why their employers have wrongly come to assume that there is nothing they can do to control or mitigate the enormous drain on profitability caused by turnover."

Retaining good employees can be the secret to success for your business. Not only do you benefit from qualified, experienced and loyal workers, you save significantly by reducing turnover. Employers find it well worth the expense to offer incentives for employees to stay with their company, such as paid time off based on years of service.

For example: Employees have 2 weeks of PTO after 1 year, 3 weeks after 3 years and 4 weeks after 5 years. (This is the equivalant of 1 week of vacation and 5 paid sick days, for the first year.) A policy such as this requires careful, probably tedious monitoring of hours worked and dates of service, because you will also want to base an accrual on hours worked, rather than a flat award, so that an emloyee who normally works 35 hours per week has proportional PTO time.

MyTimeCards automates the entire PTO accrual process. It is 100% accurate, easily editable and customizable, based on your unique policies, so that someone working, say, 63% of your defined work week receives 63% of the defined paid time off. MyTimeCards makes it effortless to reward employee longevity. And there's no arithmetic to do!

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