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The Cost of Manual Timekeeping

The cost of calculating time cards manually is remarkably expensive.  However, the majority of those costs typically remain unnoticed.

Commonly, the value in automated timekeeping is seen as the time saved in avoiding manual time card totaling; however, the cost of "wasted labor minutes", or employee time theft, and the cost of human error present far greater expenses for employers.   Calculate your costs.

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Examples: Extended lunches, unapproved breaks, approximated in/out times, etc.
Examples: Payroll staff's time to prepare, compute, total, verify, and key-in payroll data.
Examples: American Payroll Association estimates between 1% and 8%.

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