Debunking 7 Common Time and Attendance Myths
The system used
to monitor employee’s time and attendance have
been around for ages with the likes of time clocks, also known as bundy clocks
to Biometric automated systems.
But this doesn’t mean that everybody views the
importance of time and attendance equally. Some companies do not believe
in investing money in something that they themselves can
easily manage and some believes in giving space
and trust to their employees.
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| Biometrics machine like TA500 is not intrusive and can record attendance in less than 2 seconds |
Let’s view the Seven
Common Time and Attendance Myths and it’s time to take proactive measures to take control of time!
Myth # 1 - Time
attendance is not suitable for small companies
You have 8 employees and all of them have the
same wide-eyed, innocent Puss in Boots gaze and you believe wholeheartedly
that they will never cheat you. Get your instincts in
check because no matter how nice your employees are, dishonesty is so elusive that you wouldn’t notice the consequences to your
business even though it could be paramount. The smaller your company is, the
more each and every staff plays an important role in your operation. Imagine a
restaurant that has not enough servers or with the cook that’s late, or a
bakery that needs to be opened by someone who is an hour late, who’s paying the
price for that tardiness?
Myth # 2 - Conventional
time clocks are the best way to go
Why do you need to invest a large sum in
automated Biometric time and attendance systems
when you can cut corners and reduce the
investment to only 20% by having a conventional
Bundy clock which does the same thing? This is
where we’ll tell you, it’s a big NO! NO! NO! Having a conventional time clock means that you will need someone to process it
manually at the end of the month which means more time and cost plus you are
exposed to dishonesty and cheating through
buddy-punching where your staff gangs up to
cheat the company’s time by switching cards amongst themselves. At the end of
the day, the conventional time clock only gives you 20% of what you need
because it can only manage to stamp time on the attendance card and nothing
else. Hence, it will end up costing you more in the long run.
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| Cut unnecessary costs and errors that eat a hole into your company's bottom line. |
Myth # 3 - Compliance
can be achieved easily without Time and Attendance Systems
Please do not overestimate the power of
your staff and underestimate the importance of compliance because labor law
compliance is not easy and the risk of non-compliance is costly for any company.
Compliance is when your company abides by the labor and employment law of the
country as well as by the company policies. Any
non-compliance could expose your company to an expensive lawsuit so better to be careful than sorry.
Myth # 4 - Time
and Attendance is every employee’s peeve
Nobody likes to be monitored and if we
install time attendance, the employees will hate us. However,
if there were no foul doing, why would the employee detest the system? The
company has to be on top of the game at all times, keeping everybody involved
in check to maintain smooth operations. Time
attendance is not designed to make employers monitor
employees like hawks but
it does give a clear view of what’s happening on the human capital investment
side of the business. The employer needs
to strike a balance and make the employee understand the benefits of having time attendance systems, not only for the company but also for the employee.
Myth # 5 - Time Attendance is only good for shift workers
It is indeed good for shift workers because
settings can be done automatically and correctly but it is also beneficial for any
9 to 5 companies because apart from being able
to monitor staff attendance activities, the time
and attendance system can produce a detailed record of each staff’s time
attendance which can be integrated with a third
party solution to improve payroll and the overall system.
Myth # 6 - Time
Attendance doesn’t generate ROI
Each employee has an investment price tag
and believe it or not, each one provides a different return to the company. And
this is where the time attendance systems comes
handy. How much do you pay for overtime? How much do you pay for extra breaks
and tardiness? Take for an example an employee costs USD10 dollar an hour and
if he were to come 15 mins late everyday for a month, he has cost the company
USD55. Later he takes another 15 mins extra during breaks and 20mins in total
for smoking, the company has just lost USD128.
Let’s calculate easily here and determine for yourself how much you have
lost over the years: https://www.timeteccloud.com/roi_calculator
Myth # 7 - Automated
Time Attendance is costly and a waste of time
Refer to point no.5 and you will know that time attendance is a worthy investment
and it actually “saves” a lot of company time!
By having an automated time and attendance
system, each staff knows that they are kept in check by this system and that
their time calculation is accurate based on the settings that complies with the
labor law and company policy. The company can do so much more with the time and
attendance data to get more out of their human capital investment.
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See the big picture and make the right investment in an effective Time Attendance solution. |
To get more information about a Biometric
automated time and attendance system, go to www.fingertec.com
and review TimeTec Online Attendance System at www.timeteccloud.com for a reliable, affordable and effective
system.
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