6 Surprising Time Zappers That Rob You of Personal Time

Surprising Time Zappers

6 Surprising Time Zappers That Rob You of Personal Time

Businesses worldwide lose money every year totalling billions of dollars. How does this happen? This happens when employees essentially steal from their employers by claiming time and pay for work that wasn’t actually carried out. Our customers tell us that they have saved at least 2% of their wage cost by implementing a state of the art, modern time and attendance system. That’s over 5,300 per ten employees a year at the UK average earnings for 2012! So if you have 50 employees, that is 26,500 a year. Our systems cost a fraction of that amount.
Time theft comes in many forms, from late arrival and early departure, unnecessary social interactions, utilising company time to perform tasks for other companies, long lunch and break times, purposely becoming unproductive to acquire additional overtime hours, and conducting personal business on company time.
Time theft is widespread and not limited to any trade or industry. Any organisation with payroll can, and usually is, subject to time theft. Statistics indicate that those employees in permanent positions are more likely to participate in time theft behavior than a temporary employee. Additionally, the more senior the employees are, the more likely they are to steal time from their employer. Office staff are the greatest offenders, while those in the manufacturing steal less time than anyone. Workers under thirty years of age are much more likely to steal time than older ones.
For one thing, loyal workers are quite proud of providing very good attendance to their employers. It is not unheard that the purchase and implementation of the new technology in employee time and attendance clocks was made to calm those loyal workers who see what their fellows are doing and have complained about other employee’s late arrivals and early departures. Furthermore, implementing state of the art devices for tracking employee attendance empowers employers to record, and keep accurate and unquestionable time records.
Businesses who have made the switch from the old ways to the new employee time and attendance clocks have reported and experienced a significant number of benefits, including increased productivity, considerably fewer disputes over payment of time worked, accurate and legible records in tracking employee attendance, significantly greater respect for the employer’s time, and streamlining of the payroll processes. All of these benefits save the business owners’ money, free up a lot of time formerly lost to processing payroll, and allow the business owners, supervisors, and management to get back to the business of doing business!
Put an end to the rampant time theft within your business or organisation before your workers begin to view this stolen time as something to which they are entitled.
If you aren’t using a state of the art time and attendance clock, NOW is the time to seriously consider making this change.

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