Buddy punching is costing businesses millions, new research reveals
The phenomenon of buddy punching, where employees clock-in for their co-workers, is costing businesses millions in payroll costs, recent research has been able to reveal.
A survey conducted by PollFish of 1,000 U.S. workers aged 18 plus about their workplace time tracking habits revealed that of 1,000 that 16 percent admitted to clocking in for a colleague. The same survey found that timesheets are most commonly submitted weekly and that when errors are made, the most common mistake made is to add an extra 15 minutes.
Previous statistical data published by the U.S. Bureau of Labor indicates that there are more than 78 million hourly workers in the American workforce, which means that more than US$373 million are added to the annual payroll bill, based on statistical data gleaned from the American Payroll Association.
Time and attendance systems with biometric readers – the key to preventing time and attendance fraud
Biometric time and attendance systems are the future in the field of workforce management and access control, whether we’re talking about a person gaining access to their physical workplace or to the files stored on their computer. In fact, one could argue that the range of applications for biometric systems is only limited by the product developer’s imagination (and, of course, actual market demand).
The Tensor T32xx Biometric Clocking Unit is the best example of a biometric-based access control/time and attendance solution that covers all the bases, offering a huge array of features and functions that will meet and exceed even the most demanding customer’s requirements.
The IP-enabled all-in-one workstation can be used both for access control and time and attendance purposes, but also adds a host of additional useful features, such as Job Booking, Job Costing, Labour Hours Analysis and Security Management including quality CCTV playback.
Moreover, the Tensor T32xx can also be equipped with GPS auto location, speech output, video and mobile phone support, helping customers increase security and eliminate fraudulent clocking (which, after all, is quite an important reason of concern for most companies out there).
Extra features that add even more value to the Tensor Biometric Clocking Unit include USB Flash Stick & SD/MMC Card Storage support and USB & Network Printer Support, as well as a user friendly, multilingual GUI (Graphical User Interface) and a battery backup + Local Fail-Safe Storage for power communications loss.
If you want to find out more about our biometric clocking units, our product team is always ready to answer all your queries.