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Protect Yourself From Time Theft

Picture of Heather Palermo Heather Palermo Aug 7, 2020 6:54:39 AM

small business payroll small business accounting small business operations

30% of Employees Admit to This Crime

No business owner wants to believe their employees are dishonest. Yet, thousands of employers just like you are losing money due to widespread time card inflation and buddy punching!

Accurately Track Time Combat

Time Theft Save More Money

Time theft and inaccurate timekeeping of employee hours can cost companies dearly. Buddy punching is when one employee punches the time clock for another employee who isn’t actually at work. Maybe they make it look like their friend arrived on time when they didn’t, stayed later than they actually did, or took a shorter lunch break. A few minutes of coworker buddy-punching here and there can add up to a significant number on your payroll.

There are certainly times when incorrect hours reported by an employee are honest mistakes. Whether deliberate or unintentional, timekeeping errors are dangerous to your bottom line.

A Timekeeping System That Protects You From Time Theft

The first step in eliminating time theft is to accurately capture employee shift start and end times. TimeWorksPlus provides businesses with a variety of ways for their workers to punch in and out. Employees can log time with one of the biometric time clocks or from their tablets, mobile phones, laptops, or desktop computers. This eliminates the need for employees to simply guess when they arrived or when they began their online tasks, and owners will stop paying for time employees aren’t working. Today’s timekeeping software even allows for GPS tracking and geofencing, which stamps an employee’s location on their timesheet when they clock in or only allows them to clock in when they’re within a certain radius of your business. That means you’ll see where your employees are when they clock in and, in the case of geofencing, make it impossible for them to buddy punch when they’re off-premises.

Let us help integrate a timekeeping solution that’s right for you!