Employee Time Theft – How Much Is It Costing Your Business?

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Employee time theft can be a secret executioner for the financial plan in a small business. With no Free Employee time tracking left un-checked it can steal funds far from a business that could’ve been invested once again into the business. Transcribed time sheets breed employee time robbery. What is employee time robbery?

Employee time theft is the point at which an employee reports that they have worked more paid work hours than they should have.

Do you need a free Employee time tracking?

As a Manager or small business proprietor you may feel that you know the amount of work your employees do, they fill in their manual time sheet every week and you pay them as needs be.

However, how about we examine the manual time sheet process and see how, even at the best of times, manual time sheets lead to overpayments of employee wages.

With no time free Time clock software or check system set up, what has just happened to the hourly-paid employee’s work hours?

Let’s walk through the process.

  • What time did the employee start work?
  • You can make sure that the written by hand time sheet has the right start time to the moment. In any case, what time did the employee truly turn up for work?
  • The employee has adjusted their start time and composed the ’employee adjusted’ time on the time sheet. To what extent did the employee take for lunch?
  • The time sheet wills most likely say clean blocks of time, 30 minutes, a hour and so on. Yet, to what extent did they truly take for their break?
  • At the end of the week, when the employee sits down to fill in the time sheet for the week, the employee has to fill in their start and finish times for every day.
  • How great is your employee’s memory as to their work hours following a week of work?

Employee adding fake time

The business has lost time with the employee adjusting their start and finish times themselves on the timesheet and not having a system set up to ensure the exactness of the start/finish and break times. The business has also paid a Manager, who is by and large on a higher rate of pay, unnecessary time for them to sit down and compute work hour totals physically.

What amount is that costing every payroll interval?

So what systems are accessible to a business hoping to decrease or wipe out employee time robbery? There are numerous options accessible from free Time clock software to swipe card time clocks straight up to biometric or unique finger impression time clocks. A biometric or unique mark time clock quickly guarantees the precision of the sign on/off times as just that employee can register their time.

Could your business bear to lose that much cash every week/year through wrong employee time sheets? For some free business exhortation on enhancing your time recording methods you can register for ‘Leisure time and participation appraisal’ free online time clock softwarefor a no commitment talk into the options accessible for your business. Dispose of the possibility of employee time robbery in your business and actualize an employee free online time clock today.

Find out more details here: http://www.forbes.com/sites/lizryan/2015/02/24/what-is-theft-of-time-and-what-does-it-mean-to-me/#41adbdd8501c

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A Buyer’s Guide to Time-Tracking Software

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Small organizations can use various time-tracking programming softwares, for example, Web-time-tracking services, Free online time clock software, Windows (and a couple Mac) programming applications. You can likewise decide on programming that keeps running on handhelds, for example, Palm OS (working framework) gadgets. Those applications either run altogether on the handheld, or they have an utility that synchronizes with the time on your cell phone with a desktop time-tracking application.

Operating System Utilities

Time-tracking Softwares have handheld OS utilities that match up passages made on the handheld to the desktop application. Prior to Responsive Time Logger ($89 for one client, up to $2,999 for up to 100 clients), which incorporates a Palm OS utility for recording time passages. This is especially valuable in the situation that you perform a considerable measure of work on the go, for example, at customer workplaces for the Employee time tracking.

Web Based Software

Some time-tracking projects exist totally on the Web and provide  Free online time clock software. For instance, MyHours.com lets people and organizations perform essential time-tracking and reporting abilities utilizing any Web program. You can send out reports to Excel, however you can’t produce receipts utilizing the myHours administration. Another expansion to the administration, MyHours Mobile (at present in beta), lets you use Free Employee time tracking services by means of a versatile Web program. Right now, utilization of MyHours, on either handhelds or PCs, is free.

Available Softwares

Here are a some example of the available Time-Tracking Softwares:

  • Macintosh: PandaWare’s TimeCache and TimeCache Data Merger
  • Web-based: MyHours.com
  • Windows: MAG Softwrx’s Timeless Time and Expense
  • Handheld/Desktop: Responsive Time Logger
  • Versatile/Palm: Palm OS AllTime

Other Time Tracker services

Some little business accounting programs offer Employee time tracking. For instance, the QuickBooks Time Tracker add-on system lets you and your workers enter, track and submit time spent at work. The data is info into a watchword secured Web webpage and can be downloaded and imported into QuickBooks for invoicing and finance. The Time Tracker administration begins at $10 every month for one individual and goes up to $200 month to month for up to 200 individuals.

Features of Time-Tracking Systems

  • Report Generation

Pay consideration on the reporting abilities in at whatever time tracking application. You’ll need whatever number choices as could reasonably be expected. For example, would you be able to rapidly create a report that shows what amount of time you spent between October 15, 2007 and January 10, 2008, performing a particular task.

  • Compatibility of Data

Ensure you can send out time-tracking information and reports to Microsoft Excel, PDF or different formats, or to accounting or different business applications, for example, Microsoft Project. Compatibility is imperative since it gives you more approaches to utilize the time-tracking information. What’s more, if your product has a exporting feature and you choose to change to an alternate time-tracking program later, your information from the old project won’t be secured that application’s exclusive document group.

Find out more here: http://www.smallbusinesscomputing.com/buyersguide/article.php/3733926/A-Buyers-Guide-to-TimeTracking-Software.htm

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Employee Time Clocks Track Employee Time On The Job

Employee Time Clocks Track Employee Time On The Job

With the Industrial Revolution came the idea of tracking employee time on the job and supervising the length of their breaks. Undoubtedly, this was done manually until the invention of the time clock by Willard Bundy, a jeweler, and his brother Harlow who later organized the Bundy Manufacturing Company and began mass producing the clocks. Several mergers and name changes later resulted in the IBM Corporation. In the early 20th century, IBMs time Equipment Division was sold to the Simplex Time Recorder Company.

These first-time clocks were mechanical timepieces that used a heavy paper card inserted into a time slot. When the card touched the contact at the back of the slot, the machine printed the time and date on the card. The company then had a printed record for each employees hours and was able to calculate the wages.

Mechanical clocks began giving way to computer-based systems in the 1990s. The first clocks of this type used employee identity codes and plastic magnetic cards. With this system, the employee enters the required information by punching in and punching out, lunch breaks, reasons for taking off early, and whatever other information the employer requires.to read more about Mechanical clocks, click on : http://study.com/academy/lesson/clocks-history-of-chronometers-and-mechanical-clocks.html

Employee Time Clocks Track Employee Time On The Job

Even in today’sfast-pacedthe world with flexi-time and working at home, employers feel the need to keep track of employees hours wherever they are. Advances in technology, the Internet, the PC, cellular phones, and Palms have led to the increased use of online systems for time track and attendance. Depending on the system acquired by an organization, the employee may use any one of these devices to punch in and out.

Labor costs can be controlled more accurately with security devices that eliminate buddy punching, clocking in early, or riding the clock. Modern employee time clock systems use biometrics fingerprints, palm prints or retina scans to ensure that the employee does his or her punching in or out. These same security systems reduce the possibilities that employees enter areas where they do not have security clearance.

Not only do the free time calculator of today guarantee better security, but they are also able to reduce labor costs by eliminating the need for paper punch cards, the creation of such cards, the manual calculation of pay, and the problem of storing the used cards. Online systems can calculate differential pay rates, shift rates, vacations time, and benefits depending on the system used. They are also invaluable in places where employees are tipped since they can enforce tracking and declaration of tips for the tipped employees.

However, the employee time clock systems do not elaborate the payroll for the organization. The raw data can be imported or exported to a third-party software program for the payroll and other accounting reports.

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Electronic Time Clocks Have Long Replaced Analog Clocks

Electronic Time Clocks Have Long Replaced Analog Clocks

Electronic time clocks have long replaced analog clocks that tracked employee performance in factories, offices, and other organizations. Many modern versions of electronic time clocks have Internet connections and biometric readers. Others use the Internet and allow employees to clock in or out from their workstations. Some electronic time clocks come equipped with the capability to allow highly mobile employees such as truck drivers, sales agents, construction workers and other off-site employees to use their cell phones to clock in and out.

The online electronic time clocks hardware interfaces with the software programs to produce online time sheets, online pay stubs, a balance management program. The electronic time clock systems permit the export of data to third-party accounting programs and the generating of reports.

Electronic time clocks are secure, but the password protected system can be used by employees and management anywhere or anytime by using any Internet-connected computer.

Electronic Time Clocks Have Long Replaced Analog Clocks

The system stores the electronic timesheets and provide the perfect solution for organizations and companies that need to track hours worked by employees, their vacation time, and benefits accrued while at the same time restricting unauthorized hours or project charging. Certain time clock systems support software that is capable of tracking employee time by projects, departments, customers, or other categories needed by industry or organization. Where necessary, the system also reports employees working on various projects at one time.

Electronic time clock systems are easy to use by employees and managers because of drop-down menus, time calculators, and automated reporting. Time calculation and automated reporting make the systems economical as they eliminate the need for punch time cards, creating time cards, calculating hourly rates and storing the time cards. These savings can quickly offset initial costs.

The newest versions of the electronic time clock systems have additional modules that can create a company-wide news page or bulletin board. They provide management with a company roster, schedule employees, and email notifications and reminders.

From an auditing standpoint, the best electronic time clock systems create audit trails of timesheet updates and changes. Some are even compliant with Defense Contracting Auditing Agency (DCAA) regulations. Customization services are offered by many electronic time clock systems provider to ensure that each organization’s needs are met.

Electronic time clock systems security is provided by the use of unique usernames and passwords. Most systems have secure hardware firewalls, SSL, and encrypted databases. These systems assure availability and reliability with redundant Internet connections and servers. Most systems back up their data daily and store it off-site.

Many of electronic time clock systems providers claim their systems are user-friendly and require minimum training. Support for new users is offered through the telephone, on-site presence, website support, and emails.

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Hand Punch Time Clock Relies On Three-dimensional Biometric Data

Hand Punch Time Clock Relies On Three-dimensional Biometric Data

The hand punch time clock is one of the numerous biometric systems available on today’s market. Available from different manufacturers, the hand punch clock relies on three-dimensional biometric data of the individual employees hand for identification.

By scanning an employee’s hand, the unique geometric characteristics of an individual’s hand can be verified in less than one second. Hand punch systems eliminate the need for costly time punch cards, badges or plastic swipe cards. Costs are saved and labor costs are reduced since the buddy punching system and time fraud are eliminated. for details about geometric characteristics of hand, visit : http://www.technologyexecutivesclub.com

Hand punch time clocks are accurate and convenient to use. The user-friendly terminals permit identification through biometrics that does not store fingerprints or palm prints. Employees concerns about privacy are respected. Red and green lights indicate to an employee whether or not his print was recognized and accepted. Since these systems can be programmed, employees may not be granted access to restricted areas if they are not scheduled to be there. Thus, security concerns are observed with a high degree of accuracy.

Hand Punch Time Clock Relies On Three-dimensional Biometric Data

Not only do the terminals register accurate information, but they may also be connected to many different time and attendance applications. Different applications will calculate payrolls including overtime, time off, lunch breaks, reasons for leaving early, or any other type of information an employer needs and programs into the system. By using a hand punch system, the employer eliminates lost time cards, time spent in making new cards, badges, and fraud through buddy punching and time manipulation. By eliminating these costs, a quick return on the initial investment is realized.

Hand punch systems are available for the small business or large business. The small business that grows can easily upgrade the memory onsite with a minimum of hassle to 100 or 512 users.

Hand punch systems are tough. They can be used in the sterile atmosphere of hospitals or on outdoor construction sites where all types of materials may adhere to employee’s hands. Their hands can still be scanned for size and shape for unequaled security and time attendance needs. Some systems can make up to 5000 punches and maintain the data securely.

Additional features can be purchased in the higher end models. Hand Punch time clocks come with external readers, converter printer, door controls, bell output, transfers, supervisor overrides, schedule restriction, employee messaging, and code validation. All of these extra features are ease the employers security concerns or are for convenience. By incorporating extra features such as bell output, additional savings are made by avoiding duplicate equipment.

The day of the mechanical clock is over, and digital clocks lack many of the security features readily available in the biometric systems such as hand punch time and attendance clocks. Where time fraud and buddy punching are of concern, where security is important, and where labor costs need to be reduced, hand punch time systems are worth investigating for their affordability and ease of use.

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Employee Scheduling Guide

Employee Scheduling Guide

Online employee scheduling has become something more people are interested in. Businesses across the world are now looking at modern technology to help keep their employees under tighter control and make their jobs a lot easier too. Employee scheduling has become a much needed tool but will it be right for your business and if so, how does it work?

A Modern Schedule

In all honesty, there are not many differences between online employee tracking and scheduling than with the older methods. The biggest difference is of course everything is done digitally which means it is a lot easier to keep track over since there is always a hard copy somewhere on the web. Online employee scheduling really works the same on paper as it does online, with a few minor exceptions however, it really doesn’t change that much.

Employee Scheduling Guide

Is Free Employee Time Tracking Safe To Use?

Just because something is free it doesn’t automatically mean it’s bad, it just means it’s free of charge. Now, free employee scheduling is actually a good thing because it does allow most the opportunity to schedule and organize important events for work. Employees and employers can organize events such as a monthly meeting or a weekly inspection and it will go a lot smoother. This is why more are now looking at this type of software and it is very much safe to use also. Everything may be done online but it is all completed safely and that is something you should remember. to find more about employee scheduling, visit : http://www.chainstoreage.com/article/kronosworks-improving-employee-scheduling-top-retail-priority

Who Can Use Scheduling Tools?

Online employee scheduling is actually available for millions of people. There are no restrictions on who can use employee scheduling as such. However, it would be more than useful for employers who want to make the schedules or tasks for certain employees to use these tools. Employees can also find this to be useful when they are working their way through their daily tasks. Of course, these tools are available for everyone and there are no restrictions of sort.

Will You Be Prepared To Use Scheduling Tools?

It does seem as though there are many who are still unsure and unprepared to use certain tools when it comes to their business. However, sometimes, it is a lot better to trust your instincts. When you have employees there is going to be a dozen or more things that must be completed in order for them to get through the day without too many problems. Modern technology can be your friend because it can make it a lot easier to get things done without too much fuss or issues to deal with. You too can use free employee scheduling to your advantage for your business.click here to read more information about scheduling tools..

Working Towards a Better Future

Online scheduling does at times seem unnecessary especially if your business is running smoothly; however, it can be useful in so many ways. You are going to see a big difference between how you schedule things now and when you use online software. Yes, it doesn’t always look good but why not give it a chance. It works very easily and anyone can use it. Free employee scheduling can be worth your time.

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How Did Online Employee Scheduling Software Change The Scheduling Process?

How Did Online Employee Scheduling Software Change The Scheduling Process?

Online employee scheduling is more popular than ever before. This isn’t the new kid on the block, it’s the biggest ice cream bar in the store and more are finding it to be an appealing item. However, many aren’t aware of how the scheduling process has changed because of online scheduling. So, how has the software changed the way the scheduling processing works?

Organizes It

One of the best ways in which the scheduling process has changed because of online employee scheduling is down to how the organization side works. Now, before the scheduling process was all about getting people and tasks organized via the telephone and with a lot of paperwork but it all changes now. Online scheduling allows you, anyone in fact, the chance to organize each day or week’s schedules with greater ease. This is very important and it helps to reduce waiting time and organization times a lot better too. It can take a considerable amount of time to actually sit down and set up a schedule; the process can now become a lot easier.

How Did Online Employee Scheduling Software Change The Scheduling Process?

Makes It Easier To Process

Like a web based time clock, online scheduling is very easy to use. This is good because it ultimately means the scheduling process becomes a lot simpler too. In business you always need to choose the safest but easiest option whether that is to go digital and change your running methods entirely. However, the online scheduling does offer more and more the chance the change the way their scheduling process works making it extremely easier all around. to read more about online scheduling guide, visit : www.nightwatchsoftware.com/employee-scheduling-guide/

Cuts out Time-Wasting

When people ask how online employee scheduling software changed the scheduling process, it really all comes down to time. Now, there is a lot of time being wasted on organizing and scheduling certain things and often it can end up costing a great deal of money. In business today, no one has the ability to lose money because money is extremely tight for everyone. However, poor scheduling often results in money being lost whether it’s because of poor scheduling or a lack of organization. Losing money is never an option no matter what but the online tools have changed the scheduling process massively. Most now have the ability to reduce their losses.

Is Online Employee Scheduling Something You Need?

Online scheduling has become a much needed tool of today and it has to be something you seriously consider too. Yes, it does seem that online scheduling along with a web based time clock is a waste of time and money however, that is far from the truth because it can do so much good. You can absolutely see a big change when it comes to scheduling and there is so much time that can be saved too. Sometimes you have to take the chance and opt for something that seems utterly crazy because sometimes, it is the best bet. No matter your business, when you have employees, you need to think about using online scheduling.

Making the Process Easier For You

In business, things have to run smoothly in order for things to be successful. However, this isn’t always the easiest thing to do and most will know this to be true. That is why the use of items such as online scheduling has become very much needed and used. Online scheduling software does in fact help to change the entire scheduling process but in a sense makes it easier on everyone. It can make things easier for you too. Online employee scheduling is worth looking at again, if only to keep the scheduling process simple.

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How to Overtime With Employee Time Clock Software

How to Overtime With Employee Time Clock Software

Using a free online time clock might not seem all that important, however in today’s world it is a necessary tool for business worldwide. There are so many people today who don’t realize that they are paying out thousands in un-worked or incorrect overtime hours and it is truly crazy. However, how can you use time clocks online when it comes to overtime? to read more about time clock software click on : http://www.nightwatchsoftware.com/time-clock-software-can-you-manage-without-it/

Keep Track of Hours Worked

Employee time tracking doesn’t just help to deal with regular 9-to-5 hours; it can also deal with overtime hours too. Now, there is a big difference in terms of pay when it comes to overtime and it is often difficult to know for sure how much additional hours the person is working. However, when employee clock in software is used, it can give most the ability to view and find out when each person logged in and when they logged out. This helps to keep a good record of all hours worked making it a lot easier to handle payments at the end of the month.

How to Overtime With Employee Time Clock Software

Restrict Their Working Hours

You may want the employee to do overtime however; you may not want him to start before he should. Let’s say employee 1 was due to start at 6pm but he clocked in at 4.30; you would have to pay him the additional overtime. However, when you use employee time tracking software you can stop this. You can restrict when the sign in or clock in hours start allowing you the chance to take control over all of the overtime working hours. This can be important if you want to reduce costs slightly and of course if you don’t want to pay as much overtime, you don’t need to.

Is Employee Time Tracking Software Necessary?

When it comes down to it, overtime can end up costing you a great deal of money and it can reach into the thousands of dollars range within a very short period of time. However, employee clock software does allow you to reduce the costs significantly. It can be used to organize overtime with ease but it can also help to deal with all the necessary paperwork too. Time tracking is necessary to use and has become a much needed tool throughout the years as well because so many businesses have lost money with incorrect overtime hours. The free online time clock software is a good option to consider.

Take the Leap

Modern technology is amazing because it allows you to do so much in little time and in business this can be crucial. You might not think your business needs web based time clocks however, that may not be the case. It is very difficult to get accuracy for every employee in terms of their working hours; some are more than honest however, sometimes, hours can slip away. That is why it is more than important to consider upgrading and using the best software possible to keep everyone on an even footing. Employee time tracking software can be a good idea.

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Time Clock Software – Can You Manage Without It?

Time Clock Software – Can You Manage Without It?

Using a web based time clock has become very popular over the past year or so and it is something which thousands more will turn to also. It is such an easy tool to work with and has vastly become a well sought after piece of equipment also. however, there is still a big debate over whether or not this is something which is needed since many believe regular time clocks are the best method. So, can you actually manage without time clock software?

Getting Accurate Pay Is Much Simpler

Employers always find it extremely difficult to know the exact hours each worker works and often it leaves them paying out more than necessary. However, when free time clock software is used it can reduce the amount of money lost to workers claiming they’ve been working hours they haven’t. This is why more employers are now looking at online time clocks to help them keep on top of all hours worked. This helps to increase accuracy on both sides.

Time Clock Software – Can You Manage Without It?

Efficiency

Sometimes, employees are going to be a lot more cooperative when they know they’re getting paid for the hours they’ve worked. Now, when the old punch or clock in cards was used, it could potentially mean people were clocked in when in reality they were nowhere near the office. However, with the web base time clock, none of that is now possible. It means workers are more than likely to get things done. You can’t really manage without an online clock simply because it helps to make things easier and more efficient all round.

You Can’t Manage Without It

The simple fact is most businesses are going to need to use free time clock software in order to keep things moving. Everything is going technical today and it does mean there is a greater need to improve all areas of the business. It might not seem all that important to use a web time clock but it can be. This is vastly becoming a much needed tool and one which need to be used in order to keep moving with the times.

An Important Tool

In all honesty, free time clock software is something which many businesses across the world will need. It not only allows you to get accuracy in terms of payment but also ensures you know for complete certainty what hours your employees have been working also. There are so many reasons why these time clocks are becoming widely used and it all comes down to money in the end. However, it can be a much simpler way to get things done and it might be something you want to consider also.for more reasons why time clocks are becoming widely used?visit : http://www.ebay.com

Will You Take UP the New Challenge?

In some ways, digital or web based time clocks are probably going to look odd to most and of course, they are new so they don’t always look the best option. However, they are going to allow you to open the door to something new and maybe even challenging. This could be what turns you into a stronger company; you might not think so but it can make all the difference. A web based time clock is a useful tool consider.

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