
Every Payroll Period | Payroll Taxes | Timekeeping | Worker's Compensation | Background Checks
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.
