Did you know time theft costs American businesses billions of dollars each year? Time theft also hurts the productivity of many companies and even causes some businesses to fail altogether. If you suspect time theft could be taking a toll on your company, it would be worth putting an easy time clock into place for your employees to use. They can clock in and clock out as necessary and prevent you from having to worry about time tracking as much as you might now.
From very basic time clocks to more advanced biometric time clocks to virtual time clocks, you’ll be able to choose from a wide range of options. But no matter which easy time clock you pick, it’ll provide you with so many wonderful benefits.
Check out six reasons why you should start using an easy time clock for your business below.
1. More Accurate Payroll
Earlier, we alluded to how time theft tends to cost American businesses a whole lot of money each year. But it isn’t just time theft that could be costing your company money.
If you’re still keeping track of your employees’ hours with a pen and paper, it could be leading to all kinds of payroll issues. You could be paying your employees more than they should be getting because of any errors that might be made.
You can see to it that your payroll is as accurate as it gets by using an easy time clock from the right time clock company. It’ll cut way down on the number of payroll-related mistakes that get made.
2. Increased Objectivity
If you or another one of your employees are in charge of time tracking for your company, your objectivity could be called into question by your employees at times. They might potentially complain about you favoring certain employees over others when they clock in and clock out.
An easy time clock will make sure this doesn’t turn into a bigger issue than it has to be. Time clocks are objective and impartial at all times.
You won’t need to be concerned about your employees complaining about you clocking certain employees in and out in one way and clocking others in and out in another way. There won’t be any favoritism shown for any of your employees, which will make them all feel better about how your business is run.
3. Improved Productivity
When your employees are at work, you want them to be as productive as they can possibly be. There are quite a few things you can do in an attempt to improve productivity in your workplace.
But at the end of the day, using an easy time clock might be one of the best things you can do to improve your employees’ productivity. The simple fact that they know you’re monitoring the time they work should motivate them to practice better time management skills. It’ll make a big difference in how productive they’re able to be each day.
4. More Visible Attendance Issues
If you only have a few employees who work for your business, you might be able to spot attendance issues with ease. For example, you may notice that a certain employee is late all the time or taking sick days way more often than they should.
But you won’t always be able to do this when you have a larger number of employees. It’ll be challenging to keep tabs on any attendance patterns that might begin to emerge.
This is where an easy time clock can step in and help. It can pinpoint attendance problems and give you an opportunity to address them. It can also encourage your employees to hold themselves more accountable when it comes to showing up to work on time and not calling out on a regular basis.
5. Higher Employee Morale
There are a lot of different things that can cause employee morale to slump within your company. Low pay and less-than-ideal working conditions are just a couple of them.
But payroll problems could also factor into the mix. If your employees feel like they’re always being shorted when you put together their hours and print their paychecks, they aren’t going to be as happy at work as they would be otherwise.
You can reverse this trend and achieve higher employee morale by putting an easy time clock into place for them. They won’t need to worry about their hours not being right anymore as long as they take the time to clock in and clock out.
6. Less Stress
As the owner of a business, you always have a million and one different things going on at any given moment. It can make life very stressful for you and even lead to you making bad decisions from time to time.
Wouldn’t it be nice to take at least one thing off your plate right now? You can do this by using an easy time clock. This time clock will take over when it comes to helping your employees clock in and clock out so that you don’t have to do it.
You also won’t have to constantly go back and make corrections to payroll errors you may have made when you use an easy time clock. You can rest assured knowing it’s going to be every bit as accurate as you need it to be.
Start Using an Easy Time Clock for Your Business
In 2023, there is really no excuse for any business not to use an easy time clock. You can keep better track of the hours your employees are working and eliminate major issues like time theft and low employee morale.
You’ll also be able to focus on more important things when you aren’t always dealing with payroll problems and attendance issues. It’s why you should look into starting to use an easy time clock from TimeTrak right away.
Contact us now to get more information on the time clocks we have to offer.