Biometric Time Clocks Pave the Way for Employee Productivity
Throughout NSW, QLD, NT, WA, SA, Tasmania, Victoria, New Zealand, Fiji and PNG major companies and corporations as well as small businesses including Schools, Hospitals, Ministries, Doctors, Clubs, Manufacturing and more are all capitalising on the advantages of biometric time-clock technology. They have all made the switch over to biometric technology in employee time management. Employees are now starting and ending their days by pressing a hand or finger to a scanner that logs the precise time of their arrival and departure, and the logged information is automatically recorded in payroll software so payroll can be easily and accurately calculated.
According to Fox News, manufacturers say these biometric devices improve efficiency and streamline payroll operations. Small-businesses employers, retailers, and big businesses are all buying them to keep workers honest as well as to maximize on efficiency by automating outdated record-keeping systems that rely on paper time sheets.
According to the The International Biometric Group, an estimated that $635 million worth of biometric time clocks were sold last year, and projects that the industry will be worth more than $1 in the years to come.
Why Companies Are Making The Switch
Companies are making the switch because biometric time-clocks and finger scanning technologies far surpass the traditional “punch clocks” of the past. Due to increased fraud and buddy clocking, tedious time keeping management, and employee monitoring—biometric time clocks offer solutions to most problems that businesses have been dealing with for decades. In fact, a recent poll surveyed from a number of labor organizations as well as the news media suggest that more than 20 percent (if not greater) of big-business employees try to cheat the traditional “punch-clock system”. Between buddy-clocking, extended breaks, and unaccounted-for absences—the vast number of employees (who you may never suspect) actually use traditional employee time management for their advantage.
Why You Should Make The Switch
Regardless if your business has problems with time-keeping fraud or employees that use the system to their advantage—biometric time clocks leave little no room for error, and ensure that there is no possibility to cheat on the time clock. Another key point is that biometric technology in time clocks will simply make your payroll accounting flow like it hasn’t before. Whether you keep track of your own payroll or you have an accountant/many accountants keeping track of payroll—biometric time clocks will significantly reduce your expenses imply by using more efficient means of tracking your employee’s time on the job.
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