The HR Department – What You Should Outsource and Why
Outsourcing is a popular trend for companies in all sorts of industries. Services like IT, customer service and telephone sales are often outsourced...
Time theft isn’t something that comes to mind when most employers think about theft. Usually they are more concerned with employees stealing supplies, equipment, or even money from the company.
In reality, employee time theft can be just as serious of a problem as traditional theft. Did you know that through time theft, an average employee steals roughly six full workweeks each year from their employers?
Time theft can cause a drop in organizational efficiency as well as customer satisfaction if it gets out of hand. Before determining what can be done to solve time theft, it’s important that you have a good understanding of how to identify it.
Time theft is more subtle than stealing supplies or taking money from a cash register or safe. In fact, some employers might not even know what time theft looks like. A few of the most common forms include:
It’s important to remember that in any organization, unexpected things happen that cause employees to have to devote their attention away from work. It’s unrealistic to expect your staff to spend every single second of their day working, and most employers won’t have a problem with an employee coming back late from break once in a while, or taking a brief personal phone call.
However, when time theft gets out of hand, it becomes necessary for an employer to step in and rectify the situation. There are several ways to accomplish this, but one of the best is to implement a timekeeping solution that is easy and accurate.
One of the best choices for employers looking to stop time theft is a highly-sophisticated automated timekeeping solution. Why is this type of timekeeping beneficial for businesses that are worried about time theft? Several reasons:
Time theft can be a serious problem if left unchecked. At Paypro, our Time & Attendance Solutions will help you cut down on time theft, improve employee productivity, and give you greater insight into exactly how much time you are losing to this hidden problem in the modern workplace. Click here to contact us for more information.
Outsourcing is a popular trend for companies in all sorts of industries. Services like IT, customer service and telephone sales are often outsourced...
Companies considering retaining a broker versus TPA (third party administrator) to manage their employee retirement benefits have an important...
Employers face a number of issues when it comes to seasonal workers. The most predominant issue is whether employers are required to provide them...