Theft Of Time: Diary Of A Thief- Every Employer’s Nightmare

Posted on July 5, 2012 by James

How The Theft Of Time Costs You

Everyone has seen a show where a reformed criminal tells how he got away with so much and how you can prevent his type of crime from happening to you. Consider this an article to be the same thing, except I’m not reformed. If you’re a business owner, you’ll want to read this and pay attention. I’m going to talk about one of your biggest expenses, and that’s the theft of time. Payroll can cripple a business. It doesn’t matter if you have staff on salary or paid hourly, payroll is a huge portion of your outgoing money. Every day people like me are ripping you off. Every day, every shift, the theft of time is happening right under your nose and costing you and other American businesses BILLIONS of dollars a year. That’s big bucks you could be keeping, but you’re allowing employees like me to have it instead because of the obsolete time clock you use.

The time clock in my workplace is supposed to be “advanced”. It’s one where we punch in on the computer. We have to log in, sign in with a password, then click on a little button that says we’re punching in or out. Does the computer know it’s me? Of course not. It only recognizes the keywords put in. The perfect example of theft of time is as follows. When I’m running late, a coworker punches me in. When my friend is late, I do it in return.

Last month my friend just didn’t want to come to work. The boss was out, the manager was out, so I punched my friend in. For the entire day. My buddy is going to do it for me next month when the situation is right again. We’ve got it all worked out. We’ve been doing this for a long time. We do it to get overtime, too. And we’re not the only ones. We didn’t invent the theft of time, but times are tough. Kids get sick. Things happen to make you run late. Things happen when you have to go home early. Or maybe you want to make a coffee run. I like my boss, don’t get me wrong, but I need my paycheck to be good. I’m going to take care of myself and my family, and it’s my boss’s fault if he has a system that can be beaten so easily!

Theft Of Time: Fingerprint Recognition Cannot Be Beat

The only way you can make people like me honest is by NOT using a system that only recognizes passwords. Also time cards, sheets, or badges are simple to beat. Theft of time artists like me love those systems! The only way you can stop me, and countless employees like me, is to use a fingerprint recognition system. The theft of time is easy without technology. The minute a company installs an updated system that does not require a sign in, only a fingerprint, the theft of time for me is over. It simply cannot be beat.

I know how they work. Staff walks in the door and touches a fingertip to a scanner pad. That’s it. I can’t steal anymore because I’m the only one with my fingerprints. My identity can’t be stolen because the fingerprint is encrypted, so I can’t put up that argument. Companies like MinuteHound have an alert system that ends human error, so I can’t say I forgot to clock in or out, either. This clocking in and out program is the one you need if you don’t want to give away free money when paychecks go out. Take it from a pro, the theft of time comes to an abrupt end when MinuteHound is on the scene.

Theft Of Time Is Over With MinuteHound And The Support They Provide

The MinuteHound biometric system is the best out there. It’s cloud-based so you don’t have to buy more memory, and it can’t be corrupted. It’s plug in and play, Green, and works with your current payroll program. No training is required. No staff is required. Ending the theft of time has never been easier. You use the computer you already have. You get alerts who is late, leaving early, or absent. You can go online and see–from anywhere in the world–who is in, when they got there, and when they left.

Customer service is 24/7 and get this, you have a money back guarantee for as long as you use it. It’s risk free. I can’t even use this for an argument for my boss not to get it because if he doesn’t like it, he gets to return the scanner for his money back! And speaking of pennies, it only costs pennies a day to use it. If he does upgrade to MinuteHound, it will end up paying for itself the first month because people like me will stopped cold. There’s no way to get around it. The theft of time is not only over, it is dead! Technology is great for employers, but not for thieves!

Fingerprint recognition systems like this are used on military bases, law enforcement offices, and countless other companies. Why? Because it works, that’s why. Because MinuteHound’s time clock software works harder for you than I do. It’s up to you, business owner. The theft of time is a good business to be in for an employee. There is only one surefire to end it. Get MinuteHound, or let me keep padding my paycheck. I’m living pretty good, how about you?

The Price of the MinuteHoud Time Clock
The Savings of the MinuteHound Time Clock
See For Yourself Why MinuteHound Is Top Dog. Compare Our System Vs Others

No training required. No Learning Curves. No Contracts. No Inventory.
MinuteHound Theft Of Time: It’s Your Money. Keep It! Make The Switch Today!

We are confident in our business. Be just as confident in yours.
Call (800) 351-7237 MinuteHound today!
TimeClock@MinuteHound.com

Time Theft Well Intentioned Thieves

Posted on March 24, 2012 by Danny

Time Theft and Well Intentioned Thieves

Time Theft at work is a real issue. There are many synonyms for the word “thief”. Embezzler, swindler, criminal, villain and kleptomaniac are just a few of the words that come to mind. With all of these negative adjectives, you may never have considered that some of the most common thieves are people you know and trust. These people are your employees. The MinuteHound Time Clock ends Time Theft…

Time Theft and an Old Saying

Truth exists in the old saying, “an employee is one who comes to work late, leaves early, and steals while they are there.” Unfortunately, managers and owners often don’t realize that these employees are actually well-intentioned; too often, it is the owner who fosters the environment of theft.

What exactly is Time Theft?

The clearest example is time theft. This can occur when employees clock in for their friends (known as buddy punching) or falsify their own time cards in order to make it look as if they are keeping to their work schedules. These employees often do this not because they want to be paid for time they did not work, rather, they do it because they don’t want management to know that schedules are not being adhered to. Business owners feed this problem by basing bonuses on proper attendance, thereby giving the employee incentive to steal time, or by basing managers’ bonuses on employee attendance, which in turn has the potential effect of causing the managers to place undue pressure on employees. To calculate how much your business is losing due to time theft visit this calculator.

Time Theft Thief Example

How exactly Can I Stop Time Theft?

The MinuteHound Biometric Time Clock eliminates all of these problems by requiring employees to place their finger on a finger print scanner. Since there is absolutely no way these attendance records can be falsified, these well-intentioned thieves can no loner practice time theft and steal company time.

Theft of Time

Posted on March 22, 2012 by Danny

Theft of time what is it?

Theft of time is something that many business owners and managers are already aware of. A simple example of theft of time is when one employee clock’s in for another.
The article Employee Time Theft goes into detail. Showing examples of this
this specific type of theft of time.
The American Payroll Association (APA) has calculated that between two and eight percent of total Payroll is lost due to theft of time.

Theft of Time and What your Business Can Do.

Theft of time and Your Payroll

Think of your payroll, theft of time costs you between 2 and 8 percent of total payroll.
Make a more accurate calculation on the calculator page. This is a serious amount of money. Remember this money is not going to good employees. It is going to the ones that knowingly or unknowingly commit theft of time. Think if your business used the money it saved on bonuses. How much more motivated would your organization be?

How can my Business End Theft of Time?

Ending theft of time, is a big concern for every business.
The only way to truly end time theft is a MinuteHound TimeClock. Watch the video below to get the short story on the MinuteHound TimeClock.

Theft of Time ends With the MinuteHound TimeClock

The MinuteHound TimeClock ends theft of time by utilizing a biometric time clock.
A fingerprint scanner powers the Biometric Time Clock.
The MinuteHound biometric fingerprint scanner is the most accurate in the world.
It began in the military, then moved to very large organizations and now is
available to any size business. The entry price for the scanner is extremely low.
To see how much it will cost your business visit the price page. Most MinuteHound TimeClock customers save more in the first month than the cost of the system.
Please feel free to call (800) 351-7237 or email us.
Visit the MinuteHound TimeClock Home Page.

Stop Time Theft

Posted on March 20, 2012 by Ben

Stop Time Theft Now!

Breaking News! You are losing to time theft at least $1,100 per employee per year!
Stop Time Theft now and put at least 5% of your payroll cost back in your pocket and towards the bottom line.
The American Payroll Association (APA) published the preceding statistics.
According to the APA U.S. businesses lose $148 Billion Dollars to Time Theft each year.

How To Stop Time Theft
At this point you’re doing the math and realizing things like.
If I have 15 employees I’m losing upwards of $16,500 per year.
So how do you stop time theft?
By killing time theft at the source!

Steps To Take Immediately
Time theft is the direct result of poor control.
Control is often filtered down through a traditional hierarchy.
Make sure your managers discipline tardy employees.
And definitely make sure managers are not “correcting” employee time cards in an effort to hide or engage in time theft.

Monitor employee hours closely.
Do this by checking in remotely to see exactly who is on the clock.
MinuteHound makes this easy by allowing owners and designated managers to view their employees’ attendance in real time.
From anywhere in the world with virtually any device with internet access.

Implement a policy and stick to it.
Create a clear anti time theft policy.
Employees and floor managers need to understand that time theft is a crime.
Not only is intentional time theft not tolerated, it will result in immediate dismissal.
It may even be possible to prosecute employees and managers who intend to steal from the business by engaging in time theft.
Whatever name it goes by. Buddy punching. Unapproved overtime. Schedule exceptions. Fraudulent punching.
It cannot be permitted in your workplace.

Implement A Biometric Anti Time Theft System
The patented MinuteHound biometric fingerprint anti time theft system eliminates buddy punching.
By pairing the world’s best fingerprint scanner with easy to use software, MinuteHound has created a system that is easy to use and 100% effective.

This video shows just how easy it is:

Visit www.MinuteHound.com to learn more…

He's Stealing Time And Money... That's Time Theft.

Time Theft at Work

Posted on March 20, 2012 by Danny

Time Theft at Work: What is the Problem Exactly?

Time theft at work comes in many forms. One of the most common ways time theft at work occurs, is when one employee clocks in another “buddy”. Most-times referred to as buddy punching. Here is a classic example of time theft at work.

Time Theft at Work Costs Your Business Money

Example of Time Theft at Work

Johnny and Jim both work the 6 am shift.
They along with a few managers are responsible for opening the store.
Johnny is always covering for Jim.
Everyday Johnny shows up at 6 am sharp.
Jim is always a minimum of 5 minutes late.
Jim and Johnny’s employer use magnetic strips to track time and attendance.
At some point Jim decides to give his magnetic strip to Johnny so he can clock him in.
This works out pretty good, for Jim. Soon Jim starts showing up a half hour late…
This a classic example of Time theft at work.

Who is hurt by this Time Theft at Work

First Jim and Johnny’s boss is hurt by this.
Since he needs to pay Jim for hours he is not at work.
It could take years for the boss to figure out what these two are doing.
Many times Managers and Owners do not see exactly when there employees clock in.
All they know is at the end of the month it looks like Jim is always on time.
To calculate how much you could be saving visit this savings calculator page.
The American Payroll Association (APA) reports that this is between two and eight percent of total payroll.

What can your business do to prevent Time Theft at Work

The only action your business needs to take in order to stop time theft at work is install a MinuteHound Biometric FingerPrint TimeClock. With a MinuteHound Biometric Fingerprint TimeClock time theft at work is a thing of the past.

How Does the MinuteHound TimeClock Stop Time Theft at Work

The Way it works is an employee must actually place there finger on the scanner to clock in.
This means that Jim would need to actually be at work to clock in.
Furthermore the MinuteHound TimeClock System can send alerts to Jim if he is late and any number of designated managers.
These alerts can be emails or SMS text messages.
This is just the tip of the iceberg. To find out More visit the MinuteHound TimeClock HomePage.
Phone number and Email are in the Top Right Corner.
Calculate How much your business could be saving on the calculator page.

Time Theft in The Workplace

Posted on March 19, 2012 by Danny

Time Theft is in Every Workplace

Time theft is a very serious issue and it is in every workplace.
The American Payroll Association has calculated.
That between two and eight percent of total payroll is Time Theft.
To calculate how much your business is losing and could potential be saving
visit this calculator page.

Time Theft in the Workplace

What exactly is Time Theft

Time theft relates to many issues regarding the TimeClock in the workplace.
One of the primary Time Theft Methods is buddy punching.
Buddy punching is when one employee clocks another in or out.
This alone accounts for between two and fiver perch of total payroll.
For more examples of employee time theft visit this article.

What can your business do to end buddy punching

To prevent time theft a biometric time clock by MinuteHound is your only true option.
With the Biometric TimeClock by MinuteHound time theft becomes a thing of the past.
The biometric TimeClock by MinuteHound utilizes a fingerprint to clock in your employees.
All an employee needs to do to clock in is place there finger on the scanner.
This instantly clocks them in. The second an employee clocks in;
The business owner or designated manager can be notified.
The Biometric TimeClock is only a small part of the MinuteHound Time Clock System.
For the short story on the MinuteHound TimeClock watch the video below.

Time Theft a thing of the past

The TimeClock by MinuteHound really turns Time Theft into a thing of the past.
No more buddy punching. No More paying employees for time they did not work.
Another great feature of the MinuteHound Time Clock Software is Alerts.
The Alerts Feature can send an email or text message SMS.
To the owner and any number of designated managers.
When Employees do not stick to the schedule.
To learn more about Time Theft Management read this Time Theft Management Article.
The alerts are highly customizable.
They can be if an employee is late, early, forgets to clock in and much more.
Visit the MinuteHound TimeClock Website to end Time Theft in your workplace.

Time Theft Management

Posted on March 18, 2012 by Danny

Time Theft Management What Can a Manager do?

Time theft management can be a very tricky task.
Being a manager means having allot of responsibilities.
One of the key responsibilities of any manager is time theft management.
This task is difficult for many managers. Due to the close bond they have with
the employees.

Time Theft Management Example

Time theft management examples are in every work environment.
Here is a very common Time Theft Scenario.
Dustin is a manager his employee is Tom.
Tom shows up late to work 5 minutes everyday and leaves 20 minutes early.
Dustin and Tom have a normal business relationship.
When Tom shows up for work he always asks Dustin to clock him in.
Dustin clocks Tom in for the Time he should be there.
This is Time Theft. The American Payroll Association states that between
How can Dustin deal with this Time Theft Management?
2 and 5 percent of total payroll is due to this type of example.
To calculate how much your business could be saving visit this calculator.
For another Time Theft Management article with more examples.
Visit

Time Theft Management

What Can My Business due about Managing Time Theft

The MinuteHound TimeClock puts an end to all time theft.
The MinuteHound TimeClock utilize’s a biometric TimeClock.
The biometric TimeClock by MinuteHound is the most accurate in the world.
With a biometric timeclock Tom would have to clock in when he gets to work.
Tom could no longer clock in when he say’s he gets to work.
Another feature of the MinuteHound TimeClock.
Is the ability to send emails and text messages’ to employees if they are late or early to work.
These same messages can be sent to as many designated managers as your businesses sees fit.
This means that Dustin is no longer the one in charge of telling Tom about being a few minutes late.
The alerts are highly customizable.

Real Time Alerts to Manage Time Theft

The MinuteHound TimeClock alert system puts an end to tardy employees getting a free pass.
If we use Tom from our example. Think if he received a text every time he was late 5 minutes.
The alerts themselves would probably end the tardiness. Remember even if he does show up late
with the MinuteHound biometric fingerprint TimeClock.
Tom would only get paid for the hours he is actually at work.
As he should!
The alert’s are completely customizable and can say whatever your business see’s fit.
To learn more visit the MinuteHound TimeClock Website.
To get the short story on MinuteHound Watch the Video below.

Examples of Time Theft

Posted on March 17, 2012 by Danny

Examples of Time Theft in the Workplace

Examples of time theft are apparent in every workplace.
Whether you know it or not, time theft occurs in your business.
Read on for Some of the Top Examples of time theft.
Visit this Calculator Page to Calculate your time theft savings.

Examples of Time Theft: Number 1 Buddy Punching

One of the straightforward examples of time theft is buddy punching.
Buddy punching pure and simple is when one employee clocks in or out for another.
An Example of time theft here could be as easy as one employee telling another to clock him in.
Sometime buddy punching examples of time theft are a little bit more complex.
For example, what if one manager is buddies with a few employees.
This manager “buddy” at the end of every pay cycle rounds up everyones hours.
This is just one of many great examples of time theft.
For another great article focusing on Employee Time Theft Visit this blog post.
This post delves into greater detail on this particular example of time theft.
Remember that between five and two percent of total payroll is buddy punching.

Examples of Time Theft: Number 2 Human Error

Probably one of the simplest examples of time theft is Human Error.
The American Payroll Association says. Between one and eight percent of total payroll is Human Error.
The MinuteHound TimeClock Calculator page is a great place to check your savings.
People make mistakes. Thats why the MinuteHound TimeClock is great.
With the MinuteHound TimeClock there are no mistakes.
Whether this is technically one of the examples of time theft is up for debate.
What is not up for debate is that business loose money due to human error.

What Can I do to cope with these examples of time theft

The first step to completely eliminate these examples of time theft is.
Visit the MinuteHound TimeClock Home Page.
To learn more about what the MinuteHound Time Clock is doing to revolutionize the TimeClock industry.
With the MinuteHound TimeClock there is 0! No Time Theft.

Examples Time Theft in the Workplace.

Employee Time Theft

Posted on March 16, 2012 by Danny

Employee Time Theft is Hurting Your Business Examples Below

Employee time theft, is a huge issue in any organization.
Employees and employers are both negatively affected by Employee time theft.
The American Payroll Association (APA) estimates that
buddy punching a form of employee time theft.
Accounts for between two and five percent of total payroll.

Examples of Buddy Punching Employee Time Theft

Rick is always late to work, but his friend Tom is always on time.
After a few weeks on the job Rick realizes that Tom can clock him in.
Rick likes this for two reasons firstly he gets paid more secondly his boss will not know he was late.
This arrangement can go on unpunished and unnoticed for years.
What if Tom happens to also be a manager? The two of them could really do some damage.
Tom thinks he is doing Rick a favor and it is just a couple of minutes.
As business owners and high level managers we should know the costs.
It is dramatic i’ll say it again between 2 and 5 percent of total payroll!
These are facts! Reported by the American Payroll Association(apa).
See how much your business is loosing on the savings calculator page.

Stop Buddy Punching Employee Time Theft Now!

So what can your organization do to stop Buddy Punching Employee Time Theft?
Install the MinuteHound Biometric TimeClock.
If we refer back to Rick and Tom. If there business had been using a biometric TimeClock.
The employee time theft would not have been possible.
The Only way to truly stop buddy punching is with a biometric TimeClock.
With the MinuteHound TimeClock Rick would have needed to place his finger on the scanner to clock in.
This would stop Rick instantly.
If the system had been in place he would not even attempt employee time theft.

Why choose MinuteHound

The MinuteHound Biometric TimeClock is the most accurate in the world.
This is thanks to patented ex military technology.
No other Biometric System comes close to the MinuteHound Biometric TimeClock.

Employee Time Theft and Employees

Both Employees and Employers love the MinuteHound TimeClock.
Good Employees like the TimeClock for many reasons.
As an example it gives them the ability view there Time Sheet anywhere.
The TimeClock system allows them to view only there own report but not make any changes.
Additionally many employees feel bad reporting employee time theft by coworkers.
They do not want to be the ones blowing the whistle.
Employers love MinuteHound for Countless Reasons starting with the Savings.
Which again are between 2 and 5 percent of payroll for employee time theft alone.
For the top 30 reasons Employers choose the MinuteHound TimeClock visit the 30 reasons page.
For more information please visit our website.
Phone Number and Email are in the top right for any questions.
Feel free to contact us.

Employee Time Theft All the Money That Gets Stolen

Time Theft

Posted on March 16, 2012 by Ben

What is Time Theft?

Theft of time goes by many names.
Buddy punching. Time fraud. Fraudulent punching.
And simply, employee time theft, are all common references to the same practice.
To be frank, time theft is stealing just as much as pick-pocketing.
The only difference is that employees who commit time theft don’t always realize that they are committing a crime…

Facts and Figures
According to the American Payroll Association, the average loss to time theft is 5% of a business’s payroll.
Annually that equals about $1,100 per employee. That’s similar to paying payroll taxes twice!
The loss on 5 employees is about $5,500 per year. And with 10 employees, it is like throwing away $11,000 per year.
$148 billion lost by U.S. businesses to time theft each year!
These are facts published by the American Payroll Association.
Learn more about these facts by watching the MinuteHound videos at: http://www.minutehound.com/videos

Examples of Time Theft
John is running late to work when he spills coffee in his lap and realizes there is no way he will make it in by 9:00am.
John calls his friend Robert in the next cubicle over. Robert then rushes over to John’s computer and enters John’s pin number.
Thereby making it appear as though John clocked in at 8:58AM. In reality John had to rush home and change his pants.
John did not really arrive at work until 9:32AM. Too bad for John’s employer. He just paid John for about 30 minutes of work that never occurred.

Lisa, Jackie, and Kelly are all out to lunch.
Jackie eats her salad quickly. But Lisa and Kelly leisurely sip their soup while chatting with others.
At 12:50PM Jackie announces that it’s time to return to work.
Kelly and Lisa say they’ll be in soon and hand Jackie their swipe cards.
Jackie swipes all three cards at 12:59PM. Thereby making it appear as though all three women returned from lunch on time.
In reality Lisa and Kelly did not get back to work until 1:37PM. But their employer paid as though they had returned at 12:59PM.

The next day Jackie felt guilty and refused to once again commit time theft by swiping Kelly and Lisa in to work.
Kelly and Lisa retaliated…

Biometrics Eliminate Time Theft
The most common biometric time clock technology utilizes fingerprint scanners.
The best biometric anti employee time theft device is MinuteHound.
MinuteHound utilizes the world’s most accurate fingerprint scanning technology.
MinuteHound allows you to be certain that the person clocking in is really who they claim to be.
No more swapping employee pin numbers to clock each other in.
No more sharing employee swipe cards in order to swipe each other in.
Eliminate time theft completely with MinuteHound!

-The Future of Time and Attendance-

There's no fooling a fingerprint scanner.