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4 Signs You Need to Streamline Timesheets and Payroll
1 – Entering data into payroll is time consuming
Your new Aussie time and attendance system will automatically total employees' worked hours, saving your payroll staff the time of manual calculations.
2 – You suspect employees are stealing time
There are several types of employee time theft; including buddy-punching, late starts, early finishes, taking longer than allocated breaks, personal activities during work time, unauthorized employee overtime, not clocking out to run errands and rounding timesheets.
Time theft is a huge drain on company resources, and if you’re an employer it’s likely you’re paying the price of it.
An Aussie time and attendance system accurately records arrival and departure times helping ensure you only pay for actual work time and reducing the potential for “time theft.”
3 – Mistakes and errors are causing problems
Your Aussie time and attendance system's automatic calculations will virtually eliminate clerical errors in totaling employee hours worked, saving you the time and money necessary to correct these errors.
4 – Inaccurate Record Keeping for Compliance
Employers have legal obligations to maintain particular employment records. A failure to keep the appropriate records can place a business at risk of:
- Being unable to properly defend underpayment claims and other employment law related claims; and
- Being in breach of the Fair Work Act 2009, and the significant fines that can be imposed for such a breach.
Keeping sufficient records can also help you find information when you need it and is a crucial step in telling the story of your business. Good record keeping is understandably vital for meeting the financial commitments of the business and in making future decisions about the operation of your business. For more information visit the Fair Work Australia webiste.
Streamline employee payroll with Aussie Time Sheets
Aussie Time Sheets is an Australian time and attendance business. We help businesses of all sizes and industries implement our solutions to improve their employee attendance and payroll process.
Contact us to find out how you can make your business easier to manage, more efficient and more profitable.
Also in Time & Attendance
Time Theft: The Definitive guide to what, why and how to reduce it.
Time theft may be a silent adversary, but with a keen eye for identifying its signs, an understanding of its roots, and the right tools in place, employers can reclaim lost time, boost productivity, and create a workplace where every employee feels valued.
The Benefits of Biometric timekeeping with Aussie Time Sheets
Effectively managing employee attendance is not only crucial for accurate HR and payroll records but also essential for adherence to evolving labour laws. In this article we explore the workings and benefits of biometric timekeeping systems.