Why Businesses Need A Time Clock Machine For Their Employees
Are you still noting down entrance and exit time of your employees in a
paper register? Do you still keep a spreadsheet to note down your employees’ leaves,
vacations, half-days, over-time, etc.? If yes, then chances are that your
employees are not reporting properly to their regular duties, and you might not
be calculating their wages correctly. If that’s the situation with your
business, then perhaps you must consider getting a time clock machine for your
office.
Here are some reasons why you must consider getting one for your employees.
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Time Clock Machine |
- It saves money and time: Having a time
clock machine in your office can save your precious money and time...
Since the machine automatically collects and calculates data, there are minimal chances of human errors. If you use spreadsheets or logbooks, then calculating working hours can be tough and you may end up paying more to your employees without even knowing it.
- It reduces fraudulent approach: Employees may clock in when they are not present at work, or they may ask their friendly colleagues to punch in on their behalf. This is not possible if you have a time clock at your office. Each employee has to be physically present there in order to clock in.
- It is fairer: Since there is no human element involved, the payroll calculation done through the machine is fair. There is no partiality or favours involved. Your employees are paid for their working hours and machine systematically streamlines and regularizes payroll or attendance... There is no question of favouritism or partiality when such machines are used.
- It alerts you: Having a time clock machine at office alerts you whenever there is some attendance issue about any of your employees. If an employee is taking too many sick leaves or half-times, then you will get quick access to all the reports and information. Workers absenting themselves every now and then can be a major blow to your on-going business which leads of loss of productivity. a. Replacement of staff or works for a temporary period will be a burden on the financial department... If an employee takes too many leaves, his or her colleagues need to complete the extra work. This kind of situation creates a feeling of resentment among the employees. When you are alerted about such issues, you can look into the matter and find a possible solution.
- It provides information about labour costs: A time clock machine can provide you with information regarding your labour costs. It shows which employees are consuming too much time on projects, and which department is expending more for your business. If too many employees are taking overtime, it helps you find out which departments are using most of the extra hours. By knowing this, you can make important decisions like hiring more employees, dealing with less productive employees, changing departments, etc. The labour costs and time being consumed by your employees should be at par with the industry standards. This kind of information allows you to see how much time your employees are taking to get their jobs done. Are they taking too many over-times to finish a task that should have been finished within regular working hours? You will get answers for these types of questions.
- It helps in keeping accuracy
in the payroll: A time
clock machine
automates the entire
process of collecting time, thereby allowing you to calculate payroll accurately. The loss that you have to bear due to absenteeism of an employee is often not added while calculating payroll. You can keep track
of all these expenses with the help of this machine.
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Time Clock Machine |
If you are a business owner and want to manage your employees’ payroll in
a fair and unconfused manner, then a time clock machine can come as a great
help. So, invest in one that improves your productivity and reduces your
business expenditures and let it go ticking.
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