Also, some forms of credentials, such as magnetic stripes, wear out over time and need to be replaced. Cons: A disadvantage of this type of timeclock is that employees could lose their credential cards, accidentally leave them at home, or have them stolen.The clocks can read these cards from up to 10 feet away in some cases. A benefit of RFID timeclocks in particular is that they often use proximity cards. Pros: Badge cards are convenient for employees to carry around their necks or in their wallets.Some readers use RFID (radio-frequency identification), allowing employees to clock in by tapping their card or fob on or near the scanner. With barcode clocks, employees scan the card’s barcode to record when they clock in and out. How it works: With magnetic swipe timeclocks, employees carry a badge card with a magnetic stripe they swipe to clock in.These timeclocks work on a system of credentials an employee carries with them. Pricing: Punch card systems rarely cost more than $250.Since they aren’t digital, you must manually record the times on the punch cards in your payroll system. Cons: These stand-alone clocks do not connect to cloud-based time and attendance systems.Pros: The main draw of these timeclocks is their simplicity – it doesn’t take high tech to insert a timecard into a clock.A manager then manually records the timestamps into payroll. How it works: Employees place a timecard into a punch clock, which stamps the time onto it.The punch card is the original timeclock, and some businesses still use it. Here are some of the different types of timeclocks as well as their benefits and disadvantages. Timeclocks increase employee productivity and reduce time theft by providing employers with detailed records of when employees start and end their shifts each day. Other businesses might cherish those five minutes of productivity each day. Some businesses might not care if employees clock out at 4:55 each day and put 5 p.m. The right timeclock for your business to prevent time theft also depends on the level of trust you have in your employees. In addition to a suitable time and attendance system, it’s important to find the right timeclock for your business. Your business needs maximum productivity, so you want to prevent employees from lying about not just about their attendance, but also how long they are working each day. While it’s not glamorous, it’s important to keep track of when your employees work. Tracking employee time and attendance is an often-overlooked business process. It depends largely on your business and what you feel makes the most sense for monitoring your employees.Įditor’s note: Looking for the right time and attendance system for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. You can select either a stand-alone timeclock or a time and attendance system that includes timeclock features. Much of this comes from employees stealing a few minutes each day, which can be prevented with a comprehensive time and attendance system.Īs the number of available time and attendance solutions grows, there’s no shortage of timeclock options for your business. employers lose $11 billion to time theft. This article is for small business owners searching for the right timeclock for their staff.Įach year, U.S.You can have your tablets and access control systems double as timeclocks as well.Types of timeclocks include punch cards, RFID, password, biometric, IVR and mobile.Timeclocks help business owners maximize employee productivity and minimize time theft.
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