Employee time tracking has been around for over a hundred years. It is said that the first time clock was invented in November of 1888 by Willard Bundy. Bundys brother then opened the Bundy Manufacturing Company, later to become IBM. While the idea of tracking the time and attendance of an employee remains virtually the same, the systems used to do it have vastly changed.
Since the 1990s, computed based systems have become widely used to track an employees time. This can be done in many ways from using a magnetic card to scanning finger prints. While time tracking can be beneficial to any size or type of business, the benefits for a small to medium sized business are tremendous.
* Money Savings it is estimated that up to 4% can be saved of annual payroll with a time and attendance system. With the hardships small businesses face these days, any monetary savings are a benefit. There are less data entry errors when payroll is calculated or attendance is recorded. The savings are increased when a biometric system is utilized. Biometric systems utilize one of more physical characteristics (such as finger prints) to identify an employee.
* Eliminates...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
