Posts in Business
The Cost of Employee Time Theft

Did you know that nearly half of employees commit time theft in one form or another? According to a survey created by Software Advice, 43% of employees accept pay for time that they have not actually worked. Because of this, organizations are losing over $400 billion annually in lost productivity. Of the hourly workers surveyed in this study, not only did 43% of them admit to exaggerating the amount of time they’ve worked during their shifts, but 25% also said they reported more hours than they actually worked on their timesheets almost 100% of the time. However, only 3% of employees surveyed said they committed time theft by using their biometric time clocks. This is a great statistic to keep in mind as you evaluate your timekeeping process.

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6 Things to Consider When Manually Calculating Time Cards

If you’re reading this blog, it’s probably safe to say you have at least a few hourly employees within your company and it’s your job to calculate their time cards by hand. What’s more, you probably spend a decent amount of time worrying about those hourly employees receiving excessive overtime. After all, the Fair Labor Standards Act (FLSA) states that employees must receive overtime pay of at least one and a half times regular pay for an excess of 40 hours worked in a workweek. This can really add up in the long run financially, especially if your employees abuse the system. What’s more, there are certain laws and regulations that must be met when it comes to tracking your employees’ overtime pay, so you have to have records of all your employee time and attendance.

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Why Employers Should Improve Employee Financial Education

Workplace productivity is a top concern for employers across all industries. It’s a constant challenge to find new ways to improve monthly or quarterly goals and equally upsetting when managers notice a downtick in motivation and commitment. One serious factor contributing to office distraction is financial stress. According to a report by Personal Finance Employee Education Foundation, nearly 1 in 4 employees are suffering from persistent financial woes. These millions of stressed individuals find it difficult to leave their problems at the door as it’s estimated that 30 to 80 percent of employees with serious financial problems focus on their personal situation rather than workplace objectives.

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4 Important Elements to Include in Your Employee Handbook

Any successful business has an employee handbook, as it is an essential asset to offer your employees. Outlining policies and procedures in a written form provides employees with answers to common questions and lets them know what is expected of them while at work. As an HR professional, I am sure you get bombarded with random questions from your employees on a daily basis. This is why having an employee handbook and making it mandatory for all employees to read and sign during their onboarding process is imperative. It is important for an organization to have an employee handbook in order to prevent and avoid problems from occurring, as well as being provided with legal protection in case something does happen. So what does an employee handbook look like? Read on to find out what 4 elements you should include in yours.


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How to Navigate an Injury at Work

No matter how vigilant you are about maintaining safety in the workplace, you can’t always avoid accidents. It’s important to know how to respond when one of your employees suffers an injury on the job.

Properly training staff on workplace safety is important. As one Philadelphia workers compensation lawyer points out, these injuries can be costly, “as most injuries or illnesses that…have been caused by an accident or condition at the workplace” will be covered by your worker's compensation plan.

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How to Establish a "Perfect" Time and Attendance Policy

Absenteeism in the workplace is a real issue and it has become a major problem over the past few years. There are three different types of absences that can potentially impact your business: scheduled, unscheduled, and partial shift absences. Scheduled absences consist of vacation or personal time, such as PTO. Unscheduled absences include sick days, disability, and Worker’s Compensation leave. Lastly, partial shift absences are when a worker arrives late at work, takes longer breaks than allowed, or leaves early. There are different causes for absenteeism, some an employer can control such as bullying and/or harassment in the workplace or employee burnout and there are others that cannot be controlled by an employer such as bad weather, childcare, or even job hunting. Whatever the case may be, employers should be aware of how often their employees are absent from work without a valid reason. Being proactive about managing attendance and talking to those employees that miss work often is a good start, but having a perfect (or almost perfect) time and attendance policy is imperative. If you don’t already have one in place or are thinking about making your current time and attendance policy better, consider the following.

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How to Set Up a Time and Attendance System for Your New Business

Did you just start a business or are you thinking about it? As you think about what talent you want to hire, you should also think about how you plan on tracking the hours they work. Time and attendance tracking is a key component of any business, as there are many aspects to it. One of them is that accurate time tracking ensures that payroll is processed quickly and it guarantees that policies and regulations are enforced. There are many different methods of tracking time and attendance, and it’s up to you to choose which method suits your business the best. Paper forms, punch cards, biometric time clocks, and online web portals are a few examples of these methods, and each method has its own pros and cons. Since we live in such a technology-driven world, paper forms and paper time cards are becoming more and more uncommon due to cloud-based time and attendance systems and biometric time clocks. The truth is that automated time and attendance has been proven to be the best option for any business, so it is highly recommended. With an automated, cloud-based time and attendance system you avoid manual calculations, save time and money, stay compliant, and even reduce absenteeism. All this will in return help your bottom line. So how do you go about setting up a time and attendance system for your business?


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Tips and Tools Every HR Professional Should Know About

Tips and Tools Every HR Professional Should Know About:

  1. Recruiting | Applicant Tracking System

  2. Retention | Onboarding Software

  3. Payroll | Online Payroll Software

  4. Time & Attendance | Time &  Attendance Software

Did you just open a new business? Perhaps you just started a new role at a company in the HR department. Whatever the case may be, it is a known fact that any HR role comes with a lot of stress and time-consuming tasks such as recruiting, onboarding, compensating employees, approving time off requests, maintaining policies and records, ensuring compliance, handling employee concerns and so on. All these tasks are important and there is no way around them, but luckily, there are ways to make those tasks easier and streamline your processes.

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