According to an anonymous survey conducted by Kessler International of 500 employees laboring in various retail and service industries, over 30% admit to falsifying time cards at their place of employment.
What are the top ways team members falsify hours on time cards?
- intentionally clocking in early
- willfully clocking out late, and
- buddy punching
These three forms of employee time cheating account for an average of 4.5 hours per week, per staff member, of unrealized time being entered.
In an organization with 5 employees, each earning $10 per hour, this can bring about over $11,000 in overpaid payroll, which is lost revenue for your organization.
Accuchex can help you avoid this pervasive scam with TimeWorksTouch and PunchLogic; a new system that helps you keep more accurate records of staff member time, and helps you avert the costs of early, late, and buddy punching.
We invite you to contact us at (877) 422-2824 and we’ll show you how TimeWorksTouch can pay for itself in a few weeks.
Accuchex offers WorkforceHUB, the unified Human Resources portal that makes it easy to optimize the performance of your supervisors, employees, and organization.
WorkforceHUB includes TimeWorksPlus, TimeSimplicity, and TimeWorks Mobile. We’ve just added onboarding, benefits enrollment, performance reviews, and employee engagement! WorkforceHUB is designed 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 Accuchex ROI Calculator.
We can get you up and running with Workforce Management Suite in minutes. Contact us today to set up a demo.