Get a handle on this common but costly issue with Advance Systems Time and Attendance Software. As more states establish additional recordkeeping requirements for employers, Mitrefinch introduces its time attendance software as an easy, efficient way to adhere to requirements and reduce costly violations.
All states have requirements regarding notices and wage statements. These requirements stipulate how often employees must be notified of things like rate of pay, overtime rate, basis of the employees pay, and allowances, as well as information required to be included on wage statements.
Employers who do not keep up with changing recordkeeping laws subject themselves to expensives penalties, fines, and legal fees. In New York, for example, an employer who does not keep payroll records may receive a misdemeanor conviction, a fine of up to $5,000, and one years imprisonment.
Not being aware of these laws, or not fully understanding them, is not an excuse. Fortunately, workforce management solutions like Advance Systems Time and Attendance Software take the guesswork out of recordkeeping, allowing organizations the peace of mind of knowing they are meeting recordkeeping regulations.
Time and attendance software helps with:
- Scheduling. Eliminate recordkeeping errors by accurately keeping track of regular time and overtime worked.
- Payroll. Download information from the workforce management database directly to payroll, completely eliminating manual mistakes.
- Compliance. Configure the system to send an alert when employment practices violate company, state, or federal legislation. The system is regularly updated by Advance Systems when recordkeeping regulations change, ensuring your recordkeeping practices are always up to par.
- Notices. Configure the system to send out payroll notices to new hires within the required time frame, as well as annual notices as required by law.
The Advance Systems team of experts is eager to share additional ways to use time and attendance management software to reduce record keeping violations. To learn more about improving recordkeeping with this system, schedule a free product demo today