Every business depends on accurate employee time and attendance tracking. With accurate employee punch clocks, you can decrease over payments, buddy punching and time spent on payroll. Time clocks are used in the workplace to increase productivity, simplify payroll, account for employees and perform a variety of tasks that help managers and company profits.
There are a variety of different systems out there, but the employee punch clock is the most well-known. With modern systems, punch clocks have become more like fingerprinted and pin activated systems that collect data and store it in a central area for manager and payroll access.
These are a few benefits of the time clock system for business.
Cut Payroll Processing Time in Half
Old systems used to take hours to understand. There would be time spent totaling hours, estimating hours worked, accounting for overtime and other miscellaneous errors. With modern employee punch clocks, most of the systems are automated, which means that data is collected right from the computer or device then transmitted to storage or file that can be easily accessed for payroll.
Monitor Employee Work Behavior and Hours
While many employees come to work on time and show up on their scheduled days, there are other employees that don’t seem to follow the same policy. In fact they may even break company policy. It’s important to have a punch clock system that will show which employees are steadily coming into work on time, working all the hours on their shift and putting in extra hours only when asked. It’s easy to spot an employee that isn’t following the rules or has a problem with absenteeism when you have an employee punch clock.
Punch Clocks that Help Employees
Modern punch clocks also do a lot for workers as well. They can access their schedule; see the number of hours worked, check if there’s overtime or even text reminders to their phone about mandatory breaks. There are a number of modern solutions to increasing productivity while also making sure that employees stick to company policy on when to take breaks and informing a manager when you are late.
Web-Based Systems Vs. Card Devices
Web-based systems are becoming the best way to track attendance and time for employees. It’s simple to install, cost-effective and there are less errors than when using devices. Many of these systems also have more features such as text alerts, remote login and much more. Card devices are also common, but they present a number of issues. For one, cards can increase chances of fraud and cost money to replace. Many devices also have too many errors, and it can be difficult to stop employees from sharing cards.