How 30 Percent of Your Employees May Be Stealing From You

According to an anonymous survey conducted by Kessler International of 500 employees working in various retail and service industries, over 30% admit to falsifying time cards at their place of employment.

What are the most common ways employees inflate hours on time cards?

  • deliberately clocking in early
  • willfully clocking out late, and
  • buddy punching

These three forms of employee time cheating account for an average of 4.5 hours per week, per staff member, of unrealized time being documented.

In a business with 5 employees, each working at $10 per hour, this can lead to over $11,000 in overpaid payroll, which is lost profit for your organization.

Advantage Payroll Services can help you avoid this pervasive deceit with TimeWorksTouch and PunchLogic; a new system that helps you keep more accurate records of staff member time, and helps you avoid the costs of early, late, and buddy punching.

We invite you to contact us at 800-440-9033 and we’ll show you how TimeWorksTouch can pay for itself in just a few pay periods.

http://www.fierceceo.com/human-capital/take-u-s-small-businesses-lose-average-nearly-300k-annually-to-employee-theft

Contact Advantage Payroll Services for information regarding WorkforceHUB™UPGRADE TODAY

Advantage Payroll Services offers WorkforceHUB™, the unified Human Resources portal that makes it easy to optimize the performance of your supervisors, employees, and organization.

WorkforceHUB™ includes TimeWorksPlus, TimeSimplicity, and TimeWorks Mobile. We’ve just added onboarding, benefits enrollment, performance reviews, and employee engagement! WorkforceHUB™ is designed for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and reduce labor costs.

How much can you save? Check our Advantage Payroll Services ROI Calculator.

We can get you up and running with Workforce Management Suite in minutes. Contact us today to schedule a demo.

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