![]() Cons: These stand-alone clocks do not connect to cloud-based time and attendance systems.Pros: The main draw of these timeclocks is their simplicity – it doesn’t take high tech to insert a timecard into a clock.A manager then manually records the timestamps into payroll. How it works: Employees place a timecard into a punch clock, which stamps the time onto it.The punch card is the original timeclock, and some businesses still use it. Here are some of the different types of timeclocks as well as their benefits and disadvantages. Timeclocks increase employee productivity and reduce time theft by providing employers with detailed records of when employees start and end their shifts each day. Other businesses might cherish those five minutes of productivity each day. ![]() Some businesses might not care if employees clock out at 4:55 each day and put 5 p.m. The right timeclock for your business to prevent time theft also depends on the level of trust you have in your employees. In addition to a suitable time and attendance system, it’s important to find the right timeclock for your business. Your business needs maximum productivity, so you want to prevent employees from lying about not just about their attendance, but also how long they are working each day. While it’s not glamorous, it’s important to keep track of when your employees work. Tracking employee time and attendance is an often-overlooked business process. It depends largely on your business and what you feel makes the most sense for monitoring your employees.Įditor’s note: Looking for the right time and attendance system for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. You can select either a stand-alone timeclock or a time and attendance system that includes timeclock features. Much of this comes from employees stealing a few minutes each day, which can be prevented with a comprehensive time and attendance system.Īs the number of available time and attendance solutions grows, there’s no shortage of timeclock options for your business. employers lose $11 billion to time theft.
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