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TIMEKEEPING SERVICES

Along with securing an outside payroll provider, a simple timekeeping solution can be the best investment your company could ever make.  The American Payroll Association estimates that the rate of human error in time card preparation is between 1% and 8%.  Did you know that the average payroll clerk spends 7 minutes per time card each pay period?   What appears to be a small issue in the work place, is wasted labor minutes or fudging a little.  This wasted labor boils down to employee time theft. If just 15 employees receiving pay for merely 4 minutes of “wasted time” this calculates to $230.00 each month in wasted labor minutes.