How To Properly Track Employee Time
May 27th, 2009
If your company is starting to feel the crunch of the global recession plaguing the business world today, there may be a factor of “time fraud” at play.
If you suspect that employees may not be working their set hours, you may want to consider Ingersoll Rand’s HandPunch time clock. This device will give you the flexibility of easily keeping track of employee attendance and subsequently, profitability.
Your employee’s identity is scanned and acknowledged by the HandPunch time clock in a blink of an eye. Essentially it is the shape of the hand that is scanned for identification purposes, rather than the handprint itself. This technique is rather simple but extremely effective, not to mention foolproof.
Depending on the model you choose, the HandPunch time clock, which is distributed by GHG Corporation, can cater quite easily to the size of your company. The HandPunch 1000-E is an entry-level model that is primarily for businesses with less than 100 employees, and tracks exactly when a worker arrives and departs from work.
The HandPunch 3000 and 4000 models are more sophisticated in that they can be integrated with web-based time and attendance software. Employee work schedules are monitored so that overtime pay will not be distributed to an employee working longer hours than necessary. Vital employee-specific information, such as employee messaging, can be accessed with a simple push of a button. Also, whenever necessary employees can review when they attended and left work.
Time clocks, as outdated as they may seem in concept, are most likely going to help your company stay afloat given the current circumstances in the market. Obviously your profit margins must always be on the rise, even during times of recession, and the less you spend on overhead for accounting and human resources, the farther your business can go without suffering from recession blues.
Consider investing in a high-end time clock like the HandPunch. It may be exactly what you need at the moment for the viability of your business.
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This entry was posted on Wednesday, May 27th, 2009 at 3:53 am and is filed under Payroll. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.