Time and Attendance

easy time clock

How to Find an Easy Time Clock to Help Employees Forecast

If you work in business, you will know that keeping track of your employees' working hours is crucial for smooth business operations. It ensures that everyone gets paid correctly and helps manage their time off. Here at TimeTrak Systems, we understand this and offer user-friendly time clock solutions. In this blog post, we will guide you on how to choose the right easy time clock software for your employees, making the process simple and efficient. Whether your team works in an office, warehouse,...

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timesheet fraud

Managing Employees: How to Spot Timesheet Fraud

Can your company afford to lose 20 cents on every dollar earned? The American Society of Employers offers a shocking estimate: 20% of every dollar earned by a U.S. company is lost to time theft. This isn't just about missing a few minutes here and there; it's a systemic problem that eats into company profits and disrupts genuine productivity. And at the heart of this issue? Timesheet fraud. As we get into the dynamics of this challenge, we'll uncover the signs of fraudulent...

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easy time clock

The Impressive Benefits of an Easy Time Clock System for Your Company

Did you know that time theft can cost organizations up to twenty percent for every dollar that they make? Companies are constantly searching for innovative ways to streamline processes and reduce costs. Enter the easy time clock system. This is a game-changing tool that is revolutionizing workforce management. This modern solution could be the key to unlocking your organization's full potential. To help you understand why it is such a good idea to use a time clock system, we've written a guide. Keep...

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employee attendance tracking

What Is Time Theft, and How can Employee Attendance Tracking Help?

It's estimated that the average employee steals about 4.5 hours of time every week from their employer. Most companies pay employees a set rate for the time that they work, but when employees use some of this time for themselves and avoid their jobs, it results in losses for the business. The more time your employees steal, the less profitable your company will be. You may want to take action to keep time theft to a minimum, and employee attendance tracking can help with this. To...

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time and attendance solutions

What Are the Best Time and Attendance Solutions for My Business?

Did you know that nearly 20% of businesses fail within the first two years? The good news, however, is that there are steps you can take to prevent this from happening. Using the right time and attendance solutions is crucial for the success of any business. The right solutions can help your organization save money, increase productivity and accuracy, reduce labor costs, and make managing employee hours easier than ever before. With so many different options available, it can be difficult...

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How to Choose the Best Time Clock for Your Business

How to Choose the Best Time Clock for Your Business You know you need a time clock for your business, but which one do you pick? Keep reading below to learn how to narrow down the choices. Did you know that businesses incur losses of up to $11 billion yearly because of time theft? This is a staggering figure that should confound every business owner. As a business owner, you're probably contributing to this statistic without knowing. Fortunately, there's a way you can...

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Secret Solutions for Time and Labor Management in Your Business

Secret Solutions for Time and Labor Management in Your Business Running a business requires being able to manage a team. Find the solution for time and labor management to get the most out of your employees. Did you know that 36 percent of managers spend three to four hours a day on administrative tasks? This can include emails, labor management, and other administrative activities.  However, what if we were to tell you that you could reduce that time and spend more time on...

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RFID | Radio Frequency Identification | What Are Its Benefits?

RFID (Radio Frequency Identification) What Are Its Benefits? How much do you know about RFID? Would you like to know how it works? Read on to learn more about it. Did you know that the cost of Radio Frequency Identification (RFID) tags has dropped 80% over the last four years, while the readability has doubled? But what is RFID, and what are its benefits? Read through this RFID guide to learn more about it and how it can help you. What is Radio Frequency...

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How to Accurately Track Employee Hours

How to Accurately Track Employee Hours It is important to be precise when tracking how many hours your employees are working. Click here to learn about how to accurately track employee hours. It's absolutely essential that you pay your employees for all hours worked. If you don't have an effective way to track hours, you might be at risk of shorting your employees or getting shorted yourself.  There are also laws in place that require you to track employee hours in order to account...

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What Are the Different Methods for Tracking Employee Attendance?

Are you looking for a better way to track employee attendance each day? If so, you need to know the different methods. Learn more here. The Society for Human Resource Management (SHRM) estimated that most companies can expect 3% of their workforce to be absent every single day.  With large organizations, that's a lot of attendance to track.  Time theft is a leading cause of employer cost increases. Manual attendance tracking systems allow for error or deceit. This leads to payment for work...

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What ROI Can You Expect With an Employee Attendance Tracker?

Are you considering the benefits of an online employee tracking system? Learn how an employee attendance tracker delivers an excellent return on investment. Are you worried that your employees are abusing the company's time clock policy? Do you want to make sure your staff is at their desk and ready to help customers when your hours of operation begin? If so, then you need to invest in an employee attendance tracker for your business. This can help you regain control of when...

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What are the Benefits of Tracking Employee Attendance?

What are the Benefits of Tracking Employee Attendance? Would you like to know the benefits of tracking employee attendance? Read on to learn everything that you need to know on the subject. Tracking employee attendance is a practice that can have a phenomenal effect on employee morale, worker productivity, and company performance. That's good news, too, as retention is an issue expected to cost businesses over $430 billion annually by 2030, according to the Bureau of Labor Statistics. In the following article, we'll...

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Payroll Strategies: How to Manage Hourly Employees

Hourly employees present unique challenges to payroll administrators who work with blended systems. We look at strategies payroll administrators can deploy. Hourly employees make up a large portion of the American workforce. Over 73 million workers are paid an hourly wage.  Many companies work with both hourly and salary employees, which creates unique challenges for payroll administrators when dealing with hourly employees. From creating schedules to ensuring they receive quality benefits and perks, there are many things payroll administrators have to weigh...

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Best Solutions for Employee Time Management

Keeping track of your employees' time and labor can be difficult. Learn more about the best solutions for employee time management here. It's no secret that employees are the most expensive part of running a business, often costing up to 70% of all business expenses. While most businesses need employees to function, no business wants to pay employees for work they didn't do. Luckily, with some of the newest technology, business owners can only pay for the work they receive. Let's talk...

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Is a Cloud-Based Time Clock the Right Option for Your Employees?

It can be hard to decide on the right time clock for your employees. Learn why a cloud-based time clock might be the right option. We all know the drill by now: when we go to work, we have to clock in. Then, we have to punch in and out for our breaks. And lastly, at the end of the day, we punch out yet again. This can be quite tedious. Not to mention, it can also be inconvenient for employees who are...

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How to Choose the Right Time and Attendance Software

Are you having a hard time trying to choose the right time and attendance software for you and your employees? Learn more. Manually preparing timesheets is a tedious process, and it's prone to many errors. So, as a smart payroll clerk, you need to find digital tools that'll help you do this task. That's why you should consider investing in the best time and attendance software. The only obstacle is that you've no idea what to check when searching for this software....

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