DID YOU KNOW?
APA (American Payroll Association) studies have shown the typical human error factor in the recording and calculation of labor time to be between 1% – 8%, depending on the process. For a retailer with 50 full-time employees averaging $10/hour, a 1% error rate costs $10,400 each year in wages.
APA studies have shown that the manual totaling and auditing of timecards takes an average of 6 minutes per card per pay period. An automated system reduces that time to less than 1 minute per timecard. For a retailer with 50 employees, even saving 3 minutes on each timecard each pay period reduces the time to prepare each payroll by 2.5 hours. That is an extra 65 hours of work each year.
Prevent Timekeeping Errors Now! Save thousands and get time back to focus what you love.
FREE WEBINAR: TIMEKEEPING SOLUTIONS
Join Your Payroll Department and our timekeeping partner, SwipeClock to learn about the benefits, and time/cost savings of using an automated timekeeping system.
WHEN: August 15, 2018 @ 2:00 p.m. CST