BioMetric Time Clocks “literally” putting money back in your pockets
As an employer, if you have hourly employees, you might be wasting unnecessary cash. GTM Business Blog (2018) identified numerous ways in which hourly paid employees are stealing time from their employers who do not utilize a biometric time clock system. The ways mentioned include
- Time Theft
- Staying On The Clock For Unpaid Breaks
- Punching In For A Co-Worker
- Human Error Inflates Labor Costs
On a timecard sheet, it is quite easy for employees to put in a time to state that they arrived at work, particularly if the supervisor is not closely monitoring the time placed. For instance, an employee will state that they started working at 9:00 when in actuality they arrived at work at 9:15. Because that employee’s shift would have started at 9:00 they place that time to avoid the consequences of being late.
Staying On the Clock for Unpaid Breaks
If not properly scrutinized, employees who are not paid for breaks might not clock out for break. In these situations, employers hope that they can place a level of trust in their employers, however, in industries where this practice is employed time theft is also very common.
Punching in for A Co-Worker
For companies that do not use a manual time clock, this situation can occur quite often. Usually, this occurs when an employee is running late and ask their co-worker to clock them in until they arrive. If the manager does not realize what has occurred the employee will be paid for the time even though they are not at work. There have also been instances of the co-worker punching in an employee that did not work at all for the day. This is very costly to the employer is it is both a loss in production but a loss in funds as the employer would have paid for an employee that is not present.
Human Error Inflates Labor Costs
There have been instances of employees simply forgetting to clock out or write down the time that they would have finished work. In instances like that, it is left up to the person to guess the time that they would have left, however, in those instances memory is not always accurate and the employee is likely to “remember” a time that would be in their favor.
So what is the solution? Employers might try to hire more managers that will monitor the employers time. However, this is a costly solution. Biometric Time Clock uses unique attributes that will ensure a reduction of time theft. Dependent on the type of clock chosen they will scan your fingerprint, iris or face as a means of clocking in the employee ensuring that each punch is done by the employee.
Caribbean HR Solutions are proud to be a provider of Biometric Time Clocks in Jamaica that will aid your company greatly in reducing time theft and save you money. For more information contact us at 1-876-971-7632 or email us at firstname.lastname@example.org.