Let’s move on… Biometric Time and Attendance Clocks What is a Biometric Clock? If you have a punch card machine it’s time to upgrade. Obviously, as a mechanical device, they are out of date by today’s standards. To clock in, employees find their card, insert it into the clock, and receive a physical timestamp. If you are still using a card punch system, the rest of this article is especially important for you.Ĭard punch is a device introduced in the late 1800s. Here’s a review of the types of employee clocks for SMBs: Card Punch Time and Attendance Clocks What is a Card Punch Clock?įirstly, I am only including a review of punch clock technology as a warning. In fact, they save more money than they cost. Hardware devices are essential in an automated system. And all businesses need to do regular payroll audits. Moreover, good records protect against potential lawsuits.
They are important for small and mid-sized companies because they help keep accurate records. In like manner, they track breaks and meals. Employees use them to clock in and out for shifts. Small teams use them to track time and attendance. Understanding 6 Time Tracking Clock CategoriesĬlocks for small business come in a wide range of types and styles. Now that we’ve highlighted some critical statistics about timekeeping, let’s dive into our first section. For a company with 100 employees, that’s $937 in employee time every pay period.” ( Source) The average cost of labor every time an employee fills out a timecard is $9.37.Employees who log their time at least once a day are 66 percent accurate, whereas people who log their time weekly are only 47 percent accurate, and people who complete their timesheet less than once a week are only 35 percent accurate.
In this article, we’ll discuss everything you need to know about time clocks. Let’s discuss why… 6 Critical Reasons Why You Need an Employee Time Clock System When it comes to tech, an employee time clock should be your first purchase. Operating a small business requires brains, brawn and good work tech. If you have a small business and need a time clock, you’ve come to the right place. Congratulations! You found the most comprehensive guide to employee time clocks on the web.