The best from Acroprint's home page
From time to time we publish on our home page interesting survey results and other facts related to time and attendance that cross our desks. Here's a collection of some of the best and most interesting:
Fun Facts
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Did You Know?
A 2010 Axsium Group survey found large companies save $1,600 per employee, on average, after implementing a workforce management solution. Click here to find out how much an automated time & attendance solution can save you.
Did You Know?
A 2008 Nucleus Research study revealed 19% of employees admit to buddy-punching. And you know if that many admit to it, even more have done it but won’t say so. A timeQplus V3 Biometric time and attendance system can stop costly buddy-punching in its tracks!
Did You Know?
In an Aberdeen Group study, 88% of “Best in Class” companies automate their time and attendance data collection. You can join their ranks: automate your employee time tracking with an affordable Acroprint time and attendance system!
Did You Know?
In a recent survey, 60% of respondents say their employees aren’t accurately reporting their time, or they don’t know if reported time is accurate. You don’t have to suffer the same fate — you can use an Acroprint time and attendance system for indisputable time records.
Did You Know?
An Aberdeen Group study published in February 2008 says 86% of “Best-in-Class” companies integrate their time and attendance system with their payroll system. Acroprint’s software and web-based solutions offer built-in exports for most popular payroll software and payroll services.
Did You Know?
According to a survey conducted by the American Payroll Association, 82% of companies surveyed planned to purchase new or upgraded payroll software within the next two years. If you’re still manually entering time and attendance data to your payroll system, it may be time to consider a new time and attendance system as well.
Did You Know?
According to the Bureau of Labor Statistics of the U.S. Department of Labor, employer costs for employee compensation averaged $26.05 per hour worked in September 2005.
Did You Know?
According to the 2004 National Payroll Week Survey, conducted by the American Payroll Association, over half the respondents indicated they support the use of biometric technology to record time and attendance.
Did You Know?
On November 8, 2005, the U.S. Supreme Court ruled that employers must pay employees for the time it takes to put on and take off safety gear and the time it takes them to walk between the changing area and the production area. Workers must also be compensated for time they spend waiting to take off safety gear; however, the court ruled that time spent waiting to put on safety gear at the beginning of the workday is not compensable. (IBP Inc. vs. Alvarez et al. and Tum et al. vs. Barber Foods Inc.)
Did You Know?
According to a survey conducted by Nucleus Research, reported by InformationWeek.com, timekeeping software can pay for itself in as little as a few months. Payback comes from reductions in clerical errors, processing time and unauthorized leave and overtime, as well as from elimination of the cost of paper time sheets or time cards. Of the survey respondents, 88% said that the elimination of payroll errors alone paid for the system.
Did You Know?
According to opinion letters issued in January and April, 2005 by the U.S. Department of Labor, an employer can require exempt employees to record and track their hours worked without jeopardizing the employees’ exempt status — as long as the timekeeping policy is not for the purpose of wage payment tied to hours actually worked.
Did You Know?
According to a survey conducted by the American Payroll Association: 65% of the respondents collect time and attendance using an automated process, or a combination of manual and automated processes. (The responses noted some of those collecting information manually were in the process of switching to an automated solution.)
Did You Know?
The Federal Fair Labor Standards Act (FLSA) and the laws in most states require that employers keep accurate records of hours worked by nonexempt employees. An employee time clock or time and attendance system can simplify your recordkeeping, saving you both time and money.
