Employee Timekeeping Infographic
Learn more about employee timekeeping services provided by Payroll Management, Inc. and a visual overview of time management with this employee timekeeping infographic, Managing Labor Compliance with Automated Timekeeping.
58.3% of workers in the U.S. were hourly employees as of 2017. (U.S, Bureau of Labor Statistics, Characteristics of Minimum Wage Workers 2017)
There was a 77% increase in wage and labor disputes between 2004 and 2010.
$30,000 – The average back wages paid by an organization for a typical issue. (DOL)
Biased Rounding – Case Study
A company with 25 hourly employees requires them to be at their workspace from 8 am to 5 pm. It takes several minutes to comfortably walk from the time clock to their station, so everyone clocks in 4 to 6 minutes early. A similar delay occurs at the end of the shift. This adds up to 800 to 1,000 hours of potential wages lost and a risk of legal action.