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Time and Attendance Systems and Return on Investment

Time and Attendance Systems and Return on Investment

"Industry Experts" estimate the savings between three and five per cent of your annual payroll. So, if you employee 100 staff at $800 per week that means you have an annual payroll $4.16 Million per year. A three percent saving ( the lower end of the scale) should produce a $125,000 annual saving. A very capable attendance system for one hundred employees including two or three time clocks, full award interpretation and export to payroll can cost as little as $15,000, so that is looking like an excellent return on investment.
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New "Anti Covid" Time and Attendance Hardware

New "Anti Covid" Time and Attendance Hardware

Actatek has been at the forefront of biometric time clocks and access control for many years. They were the first company to introduce stand-alone time clocks running on a Linux platform. These time clocks have an inbuilt web server so all attendance and access records can be accessed using a web browser on any device. Their latest release has some interesting features designed to assist companies in dealing with the challenges of monitoring employees in this new era of increased focus on employee health and social distancing.
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Cloud Attendance Versus In House Software

Cloud Attendance Versus In House Software

Ever since Software as A Service (SAAS) products became available, there has been an ongoing debate regarding the cost-effectiveness when compared to in-house server or workstation-based products. Of course, vendors promoting SAAS products quote savings in the upfront capital required, infrastructure maintenance and the off-balance sheet advantages for those companies who are measured by their return on investment. SAAS products are also, by their very nature, an excellent method of delivering a product given that an internet browser is all that is required to access the software.
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Can your employees work from home?

Can your employees work from home?

With the advent of the coronavirus pandemic, many companies have quickly adopted the practice of employees working from home and employees will no doubt work out how to do this effectively over time but what you, as an employer may not realise is the extent of responsibility you still have for your remote worker.
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Lessons Learned - COVID-19

Lessons Learned - COVID-19

As a business owner, it is my responsibility to anticipate threats to my business and manage those risks. Still, I must admit to being caught a little short when it came to the impact of the Coronavirus.
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Time & Attendance - How it can help with Anualised Salary Reporting

Time & Attendance - How it can help with Anualised Salary Reporting

In a recent article, I commented on the potential administrative nightmare caused by complying with the new Annualised Salary Provisions. The provisions require that accurate records of hours worked are used to make comparisons against those hours of work specified within the agreed Annualised Salary Arrangement (ASA). The ASA has two main elements which trigger a required additional payment to employees. The Triggers The first is when an employees hours exceeds the "Outer Limits" of ordinary and overtime within a pay period. These additional hours must be paid within the relevant pay period for hours worked.
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time and attendance

Annualised Salaries - A Pending Adminstration Nightmare

Many companies are aware ( although many are not) that changes to the Annualised Salary provisions in many awards take effect 1st March 2020. These changes are to protect employees from underpayment, and they include measures to both improve the transparency of the Annualised Salary Agreement and, more significantly for employers, a requirement to measure actual hours worked. Here are the changes which most affect employers. These changes may vary between awards to some degree.
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Are you paying your employee correctly ?

Are you paying your employee correctly ?

Headline Announcement Jim Courtwood Author of the Time & Attendance Consultant's Guides In the process of assisting clients in implementing a new time and attendance system, it is very common for companies to have to define some rules around their...

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