Where are you losing money by overpaying non-exempt workers? Notice that I'm assuming you are losing money. EVERY employer has small, and often big- cash leaks in overpayments that can go unnoticed unless s/he looks carefully for them. These leaks don't have to be hard to find. Just spend a little time thinking about how your business operates-
What rules are prescribed for punching in and out?
How are these rules being monitored?
Are they being monitored at all?
If your answer to any of these questions is "I'm not sure," I'm willing to bet your plumbing is gushing dollars by paying for time not worked- and that's not fair to anyone.
To have your HR plumbing looked at, check out the following sources for help on how to stop and slow those leaks now- before you notice the flood.
Riding the Clock Tricks some employees may use to beat the timekeeping system, written by actual clock riders. How vulnerable to them are your policies and systems?
Time to Act
HR Management Magazine’s take on time and attendance automation.
Try MyTimeCards A chance to see automated timekeeping in action – for free.
Sunday, April 18, 2010
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