Did you know?
- According the American Payroll Association, buddy punchers cost U.S. Companies nearly $400 billion a year in losses.
- In recent APA surveys, employees reported stealing an average of 4.5 hours each week, equivalent to a six week paid vacation per year.
- According to a Nucleus Research study, the cost of buddy punching alone averages 2.2% of gross payroll and is experienced by 74% of organizations.
Integration of RightPunch™ can improve the accuracy of time and attendance system, optimize payroll expenses and bring other benefits:
- Improving efficiencies
- Reducing payroll error rates
- Ensuring compliance with labor laws
- Eliminating time theft
- Stopping buddy punching
- Increasing productivity
- Establishing accountability
- Ensuring a concrete audit trail
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