Companies of all sizes can benefit from a time and labor management system. However, they are distinct from classical time clocks and as such it is likely you have many questions regarding them. Below are some of the most common time and labor management questions.
Are These Time Systems Only Useful For Hourly Workers?
At first glance this may appear to be the case, but in fact, companies that have salaried workers will also gain tremendous benefits by switching to these automated systems. Salaried workers don’t have the same overtime requirements, but from the perspective of the business, numerous advantages can be gained by monitoring how their time is allocated. No business can truly comprehend their costs or determine profitability without tracking the costs of labor.
How Do These Systems Function With Payroll?
Time and attendance systems function with payroll through giving you the ability to easily transfer data regarding time and attendance into the payroll system with the click of a button. This gives you greater efficiency and accuracy for both employees as well as administrators. Additional benefits that you’ll gain include the avoidance of dual entry errors, a reduction of daily data upkeep and more streamlined data management.
How Effective Are Time And Attendance Systems For Remote Workers?
These systems make use of GPS (Global Positioning System) technology to assess remote workers through mobile devices. Specifically, some systems utilize geofencing which will limit where workers can clock in from and when. Geolocation can be used to track employees during workdays, and is not restricted to where they start or finish their shifts. Whenever a worker alters their location, the app will perform a GPS ping recording. You can then look at a map integrated with the system which will show you all the pings of individual workers.
Which Types Of Time Clocks Can Be Integrated With Time And Attendance Systems?
There are many varieties of time clocks. Old fashioned punch clocks are a thing of the past. The time clocks of today can collect time in multiple ways, through magnetic cards, bar codes, pin numbers, punch cards and even biometrics. Biometric time clocks are most popular among businesses that want to eliminate “buddy punching,” where one employee clicks in or out on behalf of another.
How Do Time And Attendance Systems Differ From Classical Time Clocks?
A time and attendance system is to a time clock what a space shuttle is to an airplane… a quantum leap. Time clocks need manual entry and are dependent on many people not forgetting to do the same thing daily. Just a few of the downsides of old fashioned time clocks include duplicate entries and backend collecting. Time and attendance systems, on the other hand, take the guesswork out of attendance tracking. They record job codes; hours worked and break, all in real time. When the time for payroll comes, it only takes a few moments to scan the data, approve it and then transfer it to the accounting engine to initiate payroll. Time tracking which is cloud based provides access to a complete suite of features that no manual system will give you!