According to an anonymous survey conducted by Kessler International of 500 employees working in various retail and service industries, over 30% admit to falsifying time cards at their place of employment.
What are the most prevalent ways staff members falsify hours on time cards?
- deliberately clocking in early
- intentionally clocking out late, and
- buddy punching
These three forms of employee time and attendance fraud account for an average of 4.5 hours per week, per staff member, of unrealized time being recorded.
In a business with 5 employees, each working at $10 per hour, this can cause over $11,000 in overpaid payroll, which is lost revenue for your organization.
SwipeClock LLC can help you avoid this pervasive wrongdoing with TimeWorksTouch and PunchLogic; a new system that helps you keep more precise records of worker time, and helps you avoid the expenses of early, late, and buddy punching.
We invite you to contact us at 8882233450 and we’ll show you how TimeWorksTouch can pay for itself in less than a month.
SwipeClock LLC 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 TimeWorksPlus Mobile. We’ve just added onboarding, benefits enrollment, performance reviews, and employee engagement! WorkforceHUB is established for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and decrease labor costs.
How much can you save? Check our SwipeClock LLC ROI Calculator.
We can get you up and running with Workforce Management Suite in minutes. Contact us today to set up a demo.