Many businesses fail to implement an automated time keeping system because their employees are all exempt, commissioned, or paid a fixed daily rate. However, with the new Federal Overtime Rule pending in Federal Court and with State's and Local Governments passing minimum wage and sick leave laws, it is vital for employers to track employees time. Employers are being fined millions of dollars in employment law violations and most of those fines could be avoided with adequate record keeping. It's almost impossible to maintain accurate records with a manual timekeeping system. In addition, according to a recent study, 42% of employees admit to fudging their time-sheets by an average of 4.5 hours every week! That adds up to significant cost for employers.

1. Is Time & Attendance Overrated?
P R E S E N T E D B Y S W I P E C L O C K

2. Who Looks Outside Dreams,
Who Looks Inside, Awakes
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3. Reasons why
Companies' Skip a
Timekeeping Solution:
1. Everyone is on Salary
2. Employees are Paid a Fixed Daily Rate
3. Everyone is paid Commission
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4. Did You Know?
The Department of Labor (DOL) under the Fair
Labor Standards Act (FLSA) assumes employee labor
violations if the employer doesn't maintain accurate
Time & Attendance Records.
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5. Most State Employment Laws also
presume employer guilt if the
employer doesn't maintain adequate
records- Even if the employee is
exempt or commission.
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6. It is in the employers best
interest to maintain records
on all employees
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Time & Attendance Software

7. 75%
of businesses loose money to
"Buddy Punching"
The American Payroll Association
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4.5 hours
2.2%
Lost Per Week/ Per Employee
-As reported by Employees Surveyed
of Payroll Expenses go to manual manipulation
of time sheets

8. 65%
Payroll is largest Business Cost
35%
All other Business Expenses
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10
20
30
40
50
Innacurate
Tim
e
PersonalActivit
FrequentBreaks
Buddy
Punching
0
43% of Employees Report Stealing time through Manual Time Sheets

9. Automated Timekeeping Tools Save
Companies Thousands a year in
"faked" time cards
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10. Contact Us
www.SwipeClock.com
Or Click on this Page for more
Information
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11. Thank you for viewing!
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12. Created by Annemaria Duran
Statistics taken from the American Payroll
Association and Software Advice Survey's of
Employees who self reported Time keeping theft
and time sheet manipulation.
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