The Benefits of Using a Biometric Timeclock in Workforce Management
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Biometric time clocks offer string advantages to employers who are seeking to reduce labor costs, increase accountability, reduce buddy punching, and increase employee productivity. Learn more about what advantages a biometric time clock can offer and why it will result in a strong return on investment (ROI).
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The Benefits of Using a Biometric Timeclock in Workforce Management
- 1. 7 BENEFITS OF A BIOMETRIC TIME CLOCK 01
- 2. A biometric time clock is a smart solution to eliminate employee time theft and improve workforce management efficiency. Why are biometric time clock deployments increasing and what benefits can employers expect to see post implementation? 02
- 4. A biometric time clock system saves employee time, decreases staffing overhead, and provides accurate labor data to a payroll system that helps effectively manage business operations and increase productivity. According to a recent case study, through a combination of increased productivity and reducing buddy punching, a company estimated $15,000 in savings per year through a $5,000 investment in a biometric time clock system. 04
- 6. 06 Biometric time clocks provide accurate, irrefutable time and attendance data thereby encouraging employees to act ethically and responsibly which helps to increase accountability.
- 8. 08 A recent study estimates that buddy punching costs U.S. employers more than $400 billion per year. Biometric time clocks help to eliminate time theft, reduce payroll expenses, increase accountability, and boost employee productivity.
- 10. 10 Employee morale could be destroyed if they work extra hours without getting any extra privileges. Easily identify employees who deserve recognition by using biometric time clock data for accurate attendance data and reward them accordingly.
- 11. 11 5. STRONG RETURN ON INVESTMENT (ROI)
- 12. 12 A biometric time clock ensures high levels of employee productivity, reduces project completion times, eliminates buddy punching, and reduces payroll expenses. Companies who invest in biometrics for workforce management are often rewarded with fast and sustained ROI.
- 14. 14 Biometric physiological attributes are unique for every employee and cannot be forged or duplicated. Therefore, employers can accurately track employee time and attendance without a shadow of a doubt.
- 16. 16 An old-fashioned, manual time and attendance system is not efficient. Biometrics allows you to modernize workforce management, eliminate time theft, and decrease staffing overhead thereby raising workforce efficiency rates.
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