Posted on 05 Feb 2015
We have mentioned many times that companies lose about 10 minutes a day per hourly employee to time theft. This is most common when employees use handwritten timesheets and exaggerate the numbers. With automated timekeeping systems employees can call or use the app for precise timekeeping. No more handwritten timesheets, no more exaggerating, right? Almost. There’s another factor to consider. Where was the employee when he punched in or out?
We call this location confidence. If he was at home or in the drive-thru at McDonald’s, then that’s time theft, too. It’s unearned time that you are paying for (including payroll taxes) that could also be contributing to overtime (or the 30 hour a week average according to the Affordable Care Act).
For small businesses to survive these changes it is vital to protect the bottom line with the use of a remote employee timekeeping system that uses the available GPS technology to give the best estimate of an employee’s location when clocking in and out.
Chronotek timekeeping offers 4 tools to help discern employee location:
Location confidence takes timekeeping to another level. As the saying goes, what matters is location, location, location. It’s a vital piece of the remote employee management puzzle that must be solved to protect your company profits. Our timekeeping solution gives you the accountability tools for confidence in the integrity of the time cards. If your employee is picking up a double cheeseburger and a Dr. Pepper, you’ll know that it’s on his time and not yours.
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