Is there anything worse than a huge sigh of relief after completing payroll-but then an employee telling you their check is off? We think not. If you’re time tracking with the right tools––like using a time clock app ––you don’t have to worry about time theft or buddy punching. Buddy punching is estimated to cost employers at least $373 million dollars a year. Remember that math we did earlier? Again, a few minutes here and there adds up real quick. Employees can do this if they’re running a couple of minutes late, or want to duck out of work a couple of minutes early. More employee accountabilityĭid you know that 16% of US employees admitted to buddy punching ? Buddy punching is when one employee punches in for another. If you’re time tracking accurately, you can avoid these small errors that turn into big losses. Get control of time theft, both large and small. But multiply that by a couple employees a day, and a couple of days a week…? All of a sudden your profitability decreases by quite a bit, all thanks to 5 minutes here, and 5 minutes there. Sure, it doesn’t seem like a lot here and there. And then, what if they forgot to clock back in right after break, and they add another 5 minutes to their total for the day? That’s 15 minutes a day. Then they forget to clock out right after work and rack up another 5 minutes. Let’s say an employee clocks in 5 minutes before they actually start working. Having an accurate tracking system for hours worked will save you money, save you time, and help prevent disputes.īut let’s spell out the benefits you’ll see when you start accurately time tracking your employees’ hours. Literally: you pay for every minute your team is on the job. When you have hourly employees, every minute counts. Benefits of time tracking employees accurately for your small business There are so many different ways you can track an employee’s hours but let’s first dive into the benefits of tracking your employees’ hours accurately.

What is time tracking? Time tracking is the process of tracking an employee’s hours at work so they can get paid for their time on the job.

Easy time clock standard login