Even if you have complete confidence in your employees, scheduling and time tracking equipment and monitoring procedures, you still could be losing considerable cash if the equipment doesn't adapt to all permutations of company policy. The permutations are the weak points just waiting to spring big leaks, and every business has them. For example:
Do your current equipment and monitoring procedures allow for pre-approved exceptions to the rules or varying work schedules without costly supervisor intervention?
How do you reschedule and track time lost due to closings, i.e. weather or outages?
Can your system automate these changes easily for you?
Remember, any time a human has to intervene to edit paper or tweak the automation, you've lost benefit of the automation and you've lost money.
The American Payroll Association estimates the average time spent on a correction to a timesheet to be 15 minutes. Using an automated timekeeping system, customized to reflect your company’s policies and anomalies, greatly decreases staff time required to produce accurate reporting of hours worked and leave earned and taken.
Sunday, April 25, 2010
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The American Payroll Association fittings estimates the average time spent on a correction to a timesheet to be 15 minutes.
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