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Top ways How Employee Attendance Monitoring System Can Save Your Money

Attendance monitoring system

Reduce buddy punching

Have you ever heard about buddy punching? The phenomenon is so dangerous that it costs U.S. employers a whopping $373 million a year. It is believed to a bad habit. It is when the employee of an organization asks another employee to clock in on his or her behalf. It is done to intentionally and sometimes unintentionally temper with the actual timing schedule and make the manager of the operation believe the late comers actually arrived early.

 

When an organization employs state of the art employee attendance monitoring system, they can expect to streamline the entire thing, and reduce to a considerate level the employee time theft habit. When employees are automatically reminded to clock in and out, you can actually expect them to totally stop any wrongdoing and instead settle for genuine, credible time management.

Curb Overtime

When it comes to over timing, the crucially deciding factors that need to be taken into consideration is the genuine inclusion of actual over time hours. To abide by the law, you need to be holistic and genuine about paying wages to employees but you necessarily do not want to be over paying employer for work hours never attended by your resources. That's exactly when you need to install a time and attendance software to streamline the productivity and work hours of your employees and keep in the know of the genuine, practical timing.

 

These are two most important factors for which it is crucially vital to have time and attendance software. Other reasons in favour of time and attendance software include -

 

It can help employees become more resourceful since they know their work hours are measured using automatic mechanisms; which they cannot temper with, they tend to be more resourceful and would want to work full time.

 

It can also bring in more creativity into the work system

 

Research and survey undertaken to understand the actual reason why employees are falling behind in terms of productivity is that they do not feel part of the organization at all. Either they have issues with immediate management or they can not necessarily think their organization is paying them well. That's when communication takes the center stage. Using time tracking system can help employees be resourceful and while at the same let them feel that they need to speak up for their rights within the defined framework of the organization

 

The use of time and attendance software can significantly and drastically bring down time, money and effort waste rather it brings a balance in the amount of money invested and yield received from it in terms of employee productivity!

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