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Recommended
Solutions
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Solutions
Time Theft
Time theft costs North American businesses hundreds of billions of dollars each year. This results from employees who “steal” from their employers by willfully wasting time for which they are paid. A leading authority on employment issues has conducted numerous surveys relative to time theft and concluded that the average employee “steals” approximately 54 minutes per day, or 4.5 hours per week, from his/her employer. This totals nearly six full workweeks per year! You could be losing more than 10% of your payroll through the following forms of time theft: Learn More Labour Costs
Labour costs affect competitiveness, profitability, and therefore job creation. Companies not willing to automate their Labour Tracking Process through automation often find out far too late that their Productivity vs. Labour costs are not in-line with their chosen industry standards.
Improving how your company collects and manages Time and Attendance/Labour Tracking information is no longer a luxury. To remain competitive, a company must optimize its most valuable asset - its workforce - while keeping an eye on cost containment. Learn More
Payroll Efficiencies
Industry expert’s estimate it takes up to 7 minutes per pay period to manually calculate hours for one employee and that inaccuracies caused by human error can add up to 1-3% of the total payroll. Studies have shown that an automated system can significantly reduce the time spent for verification and help eliminate the calculation and transposition errors caused by human error.
Consider that a 100 employee company may be losing $40,000 a year by not automating. Learn More
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