The lack of good human resources is a big problem in every company, but small businesses are the most affected by this situation. As a result, owners have to cover several areas and sometimes end up with responsibilities that can be difficult to handle: payroll, inventory, scheduling and others.
As long as you run a small business and you don’t have a lot of employees, it’s easier to schedule their working program, assign them tasks or calculate their overtime. However, every company has to grow and when this happens, it becomes more difficult to follow the staff’s productivity and how much time they actually spend working.
Virtual time clocks are necessary in every workplace
Now that technology has stepped into every area, business owners receive a lot of help from virtual time clocks. If you are not using one yet and you don’t have any idea on what it is, we will tell you a few things about it.
This tool is a punch in punch out software which helps you keep the exact track of the time spent by your employees at work. The mechanism is not complicated: each staff member has to fill the starting and ending time every day and the system calculates how many hours a person worked and if he or she did any overtime.
Since the calculations are done automatically, the administrator can take care of other things and nobody can say that the payment received is not correct. Besides, this is not the only advantage brought by virtual time clock users.
1. Payroll accuracy is improved
Due to its accuracy, the tool doesn’t leave time for interpretation. In this case, the costs for payroll processing are reduced by approximately 80%, because human errors no longer have to be corrected. Also, all employees know how much money should expect on every pay-check. It’s a win-win situation.
2. Subjectivity is out of the question
All staff members are sure that nobody skips work without being noticed and recorded. This aspect is important in case legal matters appear – your business cannot be charged with impartiality or inaccurate payment.
3. Productivity is improved due to time clocks
You won’t have to spend time calculating wages and worked hours. Also, there is no room for human errors when you are using time clocks. Employees become more productive knowing that nobody receives preferential treatment and everybody receives the right payment.
4. Attendance issues are monitored and presented in the final payroll situation
5. Your employees are happier and willing to stay in your team
The best way to learn more about this software is to look for more information and try to see if it works for you. All we can say is that more and more companies use it and the results are amazing.
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