Companies that use timeclocks enjoy a number of
employee tracking benefits that aren't possible with a manual system.
When used in conjunction with
attendance tracking software, timeclocks can instantly provide employers with information about which workers are present and which aren't - even if the employees are at a different location.
In addition to providing information about
employee attendance, the technology can also be used to monitor performance, which can be helpful in terms of allocating payroll costs and determining which members of the workforce are best at working to a deadline.
Using a fingerprint time clock can ensure each worker is clocking in and out for him or herself only. "Buddy-punching" - the practice of clocking in on behalf of colleagues - is common in companies with timeclocks that don't verify employees' identities.
Timeclocks also help companies comply with Fair Labor Standards Act regulations, which dictate that records used to calculate wages must be kept for a period of at least two years.
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