A time clock is a time recorder used to measure that amount of time in hours worked by employees. It is good to note that companies can either use traditional time clock or the online time clock for determining the time spent by the employees. In most cases, companies, and small business can use the time clock in their operations, however, the following agencies can also use the machine, these include payroll manager, human resource managers, small business owners, as well as staffing agencies.
The following are the reason as to why companies need to sue the time clock. One of the main reasons of using a time clock is that it promotes fairness among employees. It is good for companies to use the time cock so that they can know the time spent by every employee at work; the information will then be used for calculating the salary of the employees based on their working hours. In doing so, every worker will be treated fairly and no one will have special advantages or favors.
The other benefit of using a time clock is that it keeps employees honest. When an employee reports to work late, the time clock will record the exact time of their arrival, thereby leaving no chance for the employees to lie about their reporting time.
Besides, the machines enable managers to know if the employees are working or not. By checking the time card, you will know if the employees have reported to work. The changes in technology have resulted to the development of time clock which can show the location of the employees as well as the type of job they are working on.
One of the best ways of lowering the administrative costs of a company is by using a time clock. The system saves on costs by saving the employees’ data in the system.
One of the errors that companies encounter is payroll errors, where the salaries of the employees are either higher or lower than the actual amount, such errors can be eliminated through the use of time clocks.
The systems also assist a company to follow the labor guidelines set by the law, for instance some states requires employers to keep records of the employees’ wages, hours and other items.
Companies can choose from the following types of time clocks these include time clock machines, time clock applications, time clock software, and online time clocks.
An online time clock differs from the time clock software in that the former uses internet whereas the latter does not. Companies prefer the online time clock since they can access the employees’ time records from any device that has access to internet. It is recommended for companies to use the online time clock since the system can store the large size of employees’ information.