Two Ways You Are Getting Ripped Off Every Time You Run Payroll

stop employee time theft Islandia

As employers, we like to think we can trust our team members. Without trust, not much can get done, but there are a couple of areas that provide an easy opportunity for your employees to take advantage if you aren’t watching carefully, and it can cost you thousands.

There is an Epidemic of Employee Time Theft
In a survey of over 500 retail and service industry workers, over 30 percent admitted to deliberate time theft.1 The two types they mentioned specifically are buddy punching and recording incorrect start and end times.

Buddy punching, recording erroneous start times, and early punch-ins and late punch-outs result in an average of 4.5 hours per week, per staff member. For one worker earning a wage of $10 per hour, that can be a loss of $45 per week. Not a big deal? Consider this…

Let’s presume you have 15 employees, each working at $10 per hour, and each of them are taking an average of 4.5 additional hours per week. At this rate, you will be spending $675 per week in illegitimate time. In a year, you will spend $35,100 for labor you never received; you just bought your employees a very nice new car for no good reason.

If you have more than 15 staff members, or you are paying more than $10 an hour, the story only gets worse.

How Can You Protect Yourself From Employee Time Theft?

Easy! Better time clock management. baronHCM provides Baron Workforce Management Clock, which is specifically designed to minimize early punch-ins, late punch-outs, and it makes buddy punching almost impossible. The low cost for this solution will surprise you, and the savings it will deliver are far and above the nominal cost. Give us a call at 631-266-2500 to find out more.

1“Employee Theft No Longer an If-It Is Now How Much!,” Kessler, https://investigation.com/2013/04/26/employee-theft-longer-now-much/, accessed March 6, 2017

Contact baronHCM for information regarding Baron Workforce Management SuiteUPGRADE TODAY

baronHCM offers Baron Workforce Management Suite, the powerful, fully-integrated Workforce Management Suite that makes it easy to optimize the performance of your supervisors, employees, and company.

Baron Workforce Management Suite includes Baron Time, Baron Scheduling, and Baron Mobile. Baron Workforce Management Suite is established for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and reduce labor costs.

How much can you save? Check our baronHCM ROI Calculator.

We can get you up and running with Baron Workforce Management Suite in minutes. Contact us today to book a demo.

No More Missed Punches

affordable biometric time clock Islandia

Biometric Time Clock Paired With Employee Timekeeping System

Baron Workforce Management Clock combines the latest in time clock technology with industry-proven, cloud-based time and attendance services.

Company-Wide Benefits

HR and Payroll managers won’t have to research and correct missed and unmatched punches and system is synced to payroll system. It provides supervisors with maximum visibility and tools for absence and overtime management, leave planning, compliance, notices, and time card approvals. Employees appreciate simplified, accurate punch in/out, convenient notifications, and 24/7 time card visibility.

Here are the specs:

    • Interactive Prompt
      Real-time confirmation for employee work status and applied job codes.
    • Data Input
      Enter tips, codes, or responses.
    • Employee Status Awareness
      System tracks employee state (clocked in or out, on break, current job code). Eliminates missed punches and enables complete timekeeping records and analytics.
    • Fingerprint Enrollment
      Supervisors can rapidly enroll employee fingerprints at the clock.
    • Fingerprint Validation
      Employee identification/confirmation with rapid biometric fingerprint reader.
    • Wi-Fi Enabled
      Allows placement on manufacturing floors or in areas where network wires are not feasible.
    • Ethernet Connection
      Wired link to networks.
    • Battery Backup
      Supports continued usage for up to three hours (depending on use) in the event of lost power.
    • Offline Mode
      Punches are cached if network connectivity is lost and submitted when connection is restored.
    • Multiple ID Form Factor Support
      Recognize employees with PIN, proximity cards, or fingerprints—all supported within the same site.
    • Remote Update
      Clock acquires latest software updates without user action.
    • 7” Color Screen
      High contrast, large area screen for punches, notifications, and data input.
    • User Capacity
      Up to 6000 fingerprints/timecards.

 

How can Baron Workforce Management Clock transform my payroll process? Call 631-266-2500 today.

Contact baronHCM for information regarding Baron Workforce Management SuiteUPGRADE TODAY

baronHCM offers Baron Workforce Management Suite, the powerful, fully-integrated Workforce Management Suite that makes it easy to optimize the performance of your managers, employees, and company.

Baron Workforce Management Suite includes Baron Time, Baron Scheduling, and Baron Mobile. Baron Workforce Management Suite is established for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and reduce labor costs.

How much can you save? Check our baronHCM ROI Calculator.

We can get you up and running with Baron Workforce Management Suite in minutes. Contact us today to book a demo.