Posts Tagged ‘time theft’

Evolution of Employee Time Tracking

Tuesday, April 21st, 2009

Having worked in the school system for over 18 years, I have seen it all when it comes to employees trying to increase their hours.  I learned over the years that employees highly intent on doing this get very creative.  Yes, it is stealing indeed.  You are not actually taking a physical item away from the job site, but you are stealing from the company’s profits.  In the long term, this will eventually cause both the company and employees problems in the form of less raises and bonuses.

We always used a spreadsheet type time sheet that had our name and title on it.  Each employee had to make sure that the actual time they entered the building was put on this time and attendance sheet as well as the actual time left.  There was even an employee time tracking chart for when we left the building for errands or emergencies.  This meant that our poor payroll clerk had to keep up with two employee time and attendance tracking spreadsheets. (more…)

Finance Company CEOs Aren’t the Only Crooks

Saturday, March 14th, 2009

Last night John Stewart of The Daily Show skewered the show-proclaimed “face” of recent finance company collapse that are the main cause of our economic woes.  He accused Jim Cramer of CNBC’s Mad Money of knowing how to manipulate stocks and markets and that finance companies were overleveraged using pension fund, 401K and other investments intended to be long-term in nature as casino chips. (more…)