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Buddies Extra
What is Buddy Punching?
If you're a small business owner, you know the importance of saving money
For most businesses, payroll is the largest cost associated in doing business. It's a tough decition, many businesses typically eliminate their personnel in order to maintain their business.
One option to eliminating staff is to look for opportunities to make your business more efficiently. Well if you have workers who punch a time clock, you may not realized the wasted costs your company occurs when workers cheat the system. Buddy punching is the new word that has been coined for dishonest employees taking advantage of your business.
How is buddy punching defined?
Buddy punching is the term for when a worker has a friend or another coworker punch their time card for them allowing them to add increased 'worked hours' to their time card.
Maybe its an worker leaving 30 minutes early, or taking an extra twenty minutes for a scheduled break, but the fact of the matter is that when you add up all of those wasted minutes, the exposed costs accumulate very fast.
Buddy punching can also occur for employers who use electronic based or PIN based time and attendance systems. In fact, a very recent study of SMBs showed that a shockingly high percentage either knew their colleagues digital password and admitted to punching a friends PIN in on their behalf.
Now that we have explained this whole buddy punching phenomenon, I'm sure your concerned with what you can do to prevent it. Biometric time clocks are the most popular ways to eliminate this fraud and they are more affordable than ever.
By using a biometric time attendance system, workers can only punch in and out when they are standing in front of the time clock.
The new clocks are easy to use and all workers have to do is swipe their fingerprint on a biometric scanner and the clock will register them as entering or leaving.
If you are buying a biometric time clock, be aware that although biometrics has quickly evolved, some biometric systems that features a fingerprint scan only, may not be compatible with a small percentage of your employees - usually under five percent. The main reason for this is that some employees may have worn fingerprints which prevents them from getting reliable]fast punches. It never hurts to make the investment into a biometric time clock that comes with additional login features such as an HID card or electronic PIN system.
By taking a step against buddy punching, your company can cut down your payroll expenses and help your business save thousands of dollars each every year!
About the Author
John Stetson writes for AvidBiometrics.com - a leading provider of biometric security products designed for small businesses to help them run more efficiently.
What should I give my boyfriend for his 18th birthday?
We'll have been together for 10 months at the time. I have some ideas but I also want to give something extra special that only I can give, and not any buddies. Any ideas?
And don't say birthday sex!
a home made card. If my gf did that for me, i would be over the moon. But make sure that you put a lot of effort into it. spend at least an hour making it, and be creative. that would mean a lot.
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