Calculating employee hours for payroll purposes is a time-consuming process – especially if you are using a manual time clock. It can take one employee hours to add up all of the employee hours using an Excel spreadsheet in order to finalize payroll. Not only is this inefficient, but it opens the process up to human error.
A better solution is to use modern time clocks that can help you to automate the process of collecting and tallying employee hours. Many products sold by Allied Time can help you reduce the manpower needed to calculate the hours worked by employees for payroll and cost analysis purposes. Many of these products automatically calculate lunch periods, breaks and overtime while printing these hours directly on a time card. Some calculating timeclocks will store this information in a manner that can then be exported and downloaded for HR uses.
Another option is to use biometric time clocks such as fingerprint time clocks to do your employee time collecting. These units will accurate record each time an employee clocks in or out. This information is then stored and can be sent uploaded to a computer system or sent via Wi-Fi for HR uses. Using a fingerprint time clock is a great option if want to simplify the process of collecting work hours while eliminating the potential for fraud or security breaches.
One consideration when researching time clocks is how many employees you have. Calculating “punch” time clocks are designed for small businesses. Many of them have limits for employee numbers of anywhere from 50 to 100. Make sure that you are getting the right time clock for the size of your company.