Whenever a business is in search of a way to increase revenue, it always looks outward instead of inward. As per a survey, 20 percent of the small businesses have to invest in some tool for improving employee productivity each year.
Expanding into new markets and launching new methods of customer acquisition is necessary but so is looking inside. Perhaps it is time to upgrade your time and attendance system?
Kessler International conducted a survey on the employees of retail and service industry. 80% of the workers admitted they are guilty of time theft. Lots of small business owners have continued to neglect an integral aspect of their business model i.e. investing in an employee time tracking system. Tracking attendance on paper, time cards or sheets and buddy punching has caused lots of companies to suffer on a monetary basis. Switching to an automated system can help you track the time of your employees, hence making them more productive, efficient, and happy.
What is a time and attendance system?
Before we look into the benefits of having a time and attendance system, let’s understand what it is. This system allows employees to clock in and out using time clocks, …