There is one kind of robber whom the law does not strike at, and who steals what is most precious to men: time.
Napolean I, Maxims – 1815
Attendance Tracking & Timekeeping – Click here For Demo
Common Dilemmas – Erroneous Wages Paid
If you need to feel more confident about your employees’ timekeeping, Portland Payroll, Inc., is ready to respond to your request immediately. The American Payroll Association estimates that the rate of human error in time card preparation is between 1% and 8%.
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Therefore, a conservative 2% human error rate on a $12,000 payroll would equal $240.00 in erroneous wages paid per pay period. Moreover, the cost to re-issue correct payroll amounts (if the error is detected and reported) further increases your cost of human error. Proper timekeeping in Portland can save your company money.
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The average payroll clerk in Portland spends 7 minutes per time card each pay period:
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- Preparing and handling time cards
- Verifying time card totals
- Computing timekeeping card totals
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- Computing shift and departmental totals
- Reconstructing lost or damaged cards
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Preparing 100 time cards will take an estimated 11.67 hours to complete. At an average clerical wage of $15.00 per hour, time card preparation would cost $175.05 per pay period.
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Did you know that just 15 employees receiving pay for merely 4 minutes of “wasted” time per day (untracked breaks, extended lunches, over-approximated punch times, etc.) will total 1380 minutes (23 hours) of additional per month?
The Cost of Lost Employee Time
If the average pay rate is $10.00 per hour, then you pay an extra $230.00 each month for labor worked.
That’s where you’ll see the benefit when it comes to professional and affordable timekeeping. Portland Payroll, Inc., has the experience and technology to make sure that your payroll is handled efficiently and without any mistakes.
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View Demo
The Solution is a Simple & Automated Way of Time Keeping
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Attendance Tracking & Timekeeping – Click here For Demo