Time and attendance systems can help firms navigate through mass staff layoffs

Time and attendance systems can help firms navigate through less fortunate times in their activity, such as when they are forced to implement mass staff layoffs, as will happen with RBS in the near future.

As a news source can reveal, the Royal Bank of Scotland is preparing to shed 550 jobs as part of a plan to shrink its investment advice team by making the service available only to people with more than £250,000 to invest.

Some 220 jobs are expected to go in the division, with a further 200 to follow in its protection team, whose staff offer advice on products such as life insurance.

RBS is instead planning to launch a new automated system that will offer customers advice based on their responses to a series of questions.

“The demand for face-to-face investment advice is changing. Our customers increasingly want to bank with us using digital technology.

“As a result, we are scaling back our face-to-face advisers and significantly investing in an online investing platform that enables us to help a new group of customers with as little as £500 to invest” said a spokesperson.

Time and Attendance UK – the partner of choice for effective workforce management systems

Companies interested in deploying advanced workforce management systems designed to help them better manage their staff through good times and bad should look no further than Time & Attendance UK.

We offer a complete proximity card time and attendance system that includes European Working Time Directive checking and reporting, Access Control, Fire Roll Call, and also makes good use of mobile and wireless technology so that your employee clocking and activity information can be accessed from anywhere.

Moreover, our specific position within this market segment, as well as proven experience in the field enables us to thoroughly customize our systems in order to meet all of your requirements, whether you’re an enterprise customer with multiple sites or a smaller business.

Proximity smart card technology allows your employees to quickly clock in and out, with the time and attendance software accurately recording attendances.

Furthermore, our all-in-one, Smart Card Time & Attendance recording workstation incorporates such features as job booking, job costing, labour hours analysis and security management. If you want to find out more about the range of affordable, reliable solutions provided by Time & Attendance UK, just contact our dedicated product team, they’ll be more than happy to answer any question you might have.