According to an anonymous survey conducted by Kessler International of 500 employees employed in various retail and service industries, over 30% admit to misrepresenting time records at their job.
What are the most prevalent ways associates inflate hours on time records?
- willfully clocking in early
- intentionally clocking out late, and
- buddy punching
These three forms of employee time fraud account for an average of 4.5 hours per week, per staff member, of unrealized time being recorded.
In a business with 5 employees, each earning a wage of $10 per hour, this can result in over $11,000 in overpaid payroll, which is lost income for your business.
Access1Source can help you avoid this rampant deceit with Workforce Management Clock and PunchLogic; a new system that helps you keep more precise records of staff member time, and helps you avert the costs of early, late, and buddy punching.
We invite you to contact us at 480.784.4440 and we’ll show you how Workforce Management Clock can pay for itself in a few weeks.
Access1Source offers Workforce Management Suite, the powerful, fully-integrated Workforce Management Suite that makes it easy to optimize the performance of your supervisors, employees, and company.
Workforce Management Suite includes TimeSource Plus, TimeSimplicity, and TimeWorks Mobile. 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 Access1Source ROI Calculator.
We can get you up and running with Workforce Management Suite in minutes. Contact us today to set up a demo.