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7 BENEFITS OF A BIOMETRIC TIME CLOCK
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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?
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1. INCREASES PRODUCTIVITY
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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.
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2. ESTABLISHES ACCOUNTABILITY
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Biometric time clocks provide accurate, irrefutable time and attendance data thereby encouraging employees to act ethically and responsibly which helps to increase accountability.
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3. ELIMINATES BUDDY PUNCHING
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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.
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4. IMPROVES JOB SATISFACTION
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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.
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5. STRONG RETURN ON INVESTMENT (ROI)
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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.
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6. ATTENDANCE ACCURACY
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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.
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7. IMPROVES WORKFORCE EFFICIENCY
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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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