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Employee Timekeeping
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Written by Steve Bryan
For decades, the U.S. government took steps to close the gap between management and staff, including the implementation of minimum wage regulations and overtime pay. That's why, as a business owner, it's important for you to stay in compliance by automating your employee timekeeping system.
Modern technology and a classic debate
Employers and their staffers always find themselves on opposite sides of the compensation debate. A worker wants to be paid fairly for his efforts, receiving a wage comparable to his peers and earning overtime for working more than 40 hours in a week. On the management side, a company wants to keep control of its HR costs in order to deliver products or services to customers at a reasonable cost.
Business owners often find themselves walking a fine line when it comes to wages and hours, but time keeping software can make this part of HR management a little easier to handle. With computerized time clocks that use fingerprints, hand scans, or even iris scans, you can keep more accurate records of the hours that an employee actually works.
The data collected from modern time clocks can be analyzed by time keeping software, creating a wide range of reports and projections. This type of employee timekeeping also can take quite a bit of pressure off the payroll department, eliminating a lot of the paperwork involved in cutting payroll checks.
Legal aspects of employee timekeeping
The Fair Labor Standards Act (FLSA) is one of the tools that the U.S. government has put in place to ensure that workers receive fair compensation for their efforts. An automated employee timekeeping system helps you stay up-to-date with the latest government regulations, as well as dealing with employment issues such as:
- Absenteeism. Time keeping software points out employees who are late more often than not. This gives your managers a chance to address the issue. If it continues, you have a record to back up an employee termination.
- Recordkeeping. The FLSA also requires that an employer keep accurate records of hours worked. By centralizing and organizing these records on an employee timekeeping system, you can make audits go a lot smoother.
- Younger workers. The FLSA makes provisions for child labor, ensuring workers are of legal age and that their health and education are not put in jeopardy by an after-school job. Time keeping software can let you know if one of your younger staff members is being overworked.
Are you ready to purchase employee timekeeping? Submit a free request for price quotes and get matched to multiple dealers who will try to get you the best deal for your business.
