What is one thing you can do to improve and simplify workforce management?
At some point in history, someone asked them self the same thing...and then decided to do something about it.
Let’s reflect on the past for a moment...
For over a century, time clocks have been used to help employers track the hours an employee worked. Willard Bundy, a jeweller from New York, invented the first time clock in 1888, which was supposed to eliminate the need for time keepers and watchmen, whose laborious task was to ensure that workers were diligent in performing their work.
Although these time clocks offered a semi-automated way of tracking employee hours, it was still necessary for the employer to manually add up the time cards and calculate wages...which was quite a time-consuming task.
In the 1990s, time clocks progressed from mechanical systems to electronic time and attendance systems. Depending on the system being used, the employee might need to enter what should be recorded. This could be "punching in", "punching out", lunch breaks, reasons for leaving early, or any other type of information the employer requires. These systems protected a company from payroll fraud and provided both the employer and employees with confidence in the accuracy of their wage payments. It has also been estimated that companies saved up to 5% in payroll costs by not tracking time manually.
Today, biometric technology is being used to revolutionize workforce management. These systems, which scan the employee’s finger or hand as they clock in, help to eliminate fraud such as “buddy punching.” Buddy punching is when an employee gets his or her friend to clock them in when they are not working, which results in unnecessary operational costs.
So, what is one thing you can do to improve and simplify workforce management?
Begin using a biometric time clock system and discover how easy it can be to manage your workforce well...and save money in the process! Implementing an automated time clock system will save companies time and money by:
• Reducing total payroll processing time
• Eliminating costs associated with paper timecards
• Eliminating the risks of employee buddy punching or time fraud
We’ve come a long way since 1888, and all it took was one man with a vision to get us on track towards a well-managed workforce. Continue to TimeTECH’s website to learn more about biometric time clocks and how YOUR company can improve its workforce management!
