According to an anonymous survey conducted by Kessler International of 500 employees employed in various retail and service industries, over 30% admit to falsifying time cards at their place of employment.
What are the most common ways staff members inflate hours on time cards?
- deliberately clocking in early
- deliberately clocking out late, and
- buddy punching
These three forms of employee time fraud account for an average of 4.5 hours per week, per staff member, of unrealized time being recorded.
In an organization with 5 employees, each working at $10 per hour, this can lead to over $11,000 in overpaid payroll, which is lost profit for your company.
StaffMetrix HR can help you avoid this omnipresent deceit with TimeWorksTouch and PunchLogic; a new system that helps you keep more precise records of staff member time, and helps you avert the costs of early, late, and buddy punching.
We invite you to contact us at 678-580-6500 and we’ll show you how TimeWorksTouch can pay for itself in less than a month.
StaffMetrix HR offers WorkforceHUB, the unified Human Resources portal that makes it easy to optimize the performance of your supervisors, employees, and organization.
WorkforceHUB includes TimeWorksPlus, TimeSimplicity, and TimeWorks Mobile. We’ve just added onboarding, benefits enrollment, performance reviews, and employee engagement! WorkforceHUB is developed for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and reduce labor costs.
How much can you save? Check our StaffMetrix HR ROI Calculator.
We can get you up and running with WorkforceHUB in minutes. Contact us today to schedule a demo.