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Synerion Blog

How to Eliminate Buddy Punching

Posted by Team Synerion on May 2017

53953713_s.jpgAlmost 19 percent of employees admit that they’ve buddy punched a coworker, Nucleus Research shows. This activity, as innocent as it may seem, accounts for 2.2 percent of payroll losses and nearly 75 percent of all companies are affected, the American Payroll Association reports. 

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Topics: Buddy Punching

6 Ways Your Employees Could Be Manipulating Their Timesheets

Posted by Team Synerion on February 2016

photodune-12204870-payroll-timesheet-xs_2.jpgWith the average employee stealing 4 hours and 5 minutes every week, getting a handle on your timesheets is essential. Yet many businesses don't realize that this immense cost can take almost five percent of their own payroll expenses annually and may be easier than they think. Stop time theft today by identifying these six ways your employees could be manipulating their timesheets.

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Topics: Time and Attendance, Buddy Punching, Time Theft, time tracking, timesheets

Buddy Punching and Employee Time Theft Statistics

Posted by Team Synerion on January 2015

buddy-punching-and-employee-time-theft-statistics


While the occasional late lunch or early clock out may not seem to break the company's financial department, rampant abuse of the system can cause a major blow to a company's bottom line. Businesses who don't actively work to curb time theft abuses stand to lose significant capital. Consider these employee time theft statistics to find out how turning a blind eye to employee time abuses is harming your business. 

 

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Topics: Time and Attendance, Buddy Punching

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