Tracking your employees time sheets with apps is a great way to keep track of when your workers clock in and out. However, there are many other pieces of important information that the time sheet tracking provides you with as a small business owner. In order to ensure you are in compliance with union requirements and labor laws, you must also include records of when your employee is not working. Examples of this include: FMLA time, compensated time, jury duty and vacation. In addition, time sheet tracking helps you identify no-shows, tardy workers, and those that call in sick.
With 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.