Keeping Time with the “Honor System”

Published

Today I spoke with a gentleman by the name of Rob who was experiencing a very common pain point in his business. He, like many CEO’s, is very rarely in the office during the day due to the simple nature of his position. This in itself is not an issue. The issue is that his employee time tracking is based upon the honor system. Ouch. Whenever Rob is not in the office all of his employees turn into saints that never show up late and can clock out just in time to make a perfect 40 hour work week. Sound familiar?

I’m sure most all of us have been here at one point in our lives or another and just like Rob, we too have felt the pain of the “honor system.” Just think how many shekels have literally flown right out the window due to employees who fudge 15 minutes here or there.

15 minutes on clock in and clock out is an extra 30 minutes that you’re doling out to this employee every day. That’s 2.5 extra hours a week, 130 hours a year. At $6 per hour that’s almost $780 a year that you’ve lost to just one artful dodger of the timesheet. Can you imagine if you had a whole office fudging just a little here and there? And let’s face it, we’re not even sure that employees of the Vatican don’t push a number around once in a while.

Fear not Brutus of the Boardroom, there IS a solution to this. It’s called automated time tracking and it’s just one of the many beautiful things that TSheets.com can do for you! For just 10 bucks a month Rob could be saving his company thousands of dollars a year.