Do you know who is working on your job site right now?

The practice of employees punching in for their colleagues, commonly known as "buddy punching," can result in significant financial losses for companies. Buddy punching occurs when an employee clocks in or out on behalf of another employee, leading to inaccurate attendance records and potential time theft. According to a study conducted by the American Payroll Association, buddy punching can cost businesses up to 7% of their total payroll expenses (Paycor, 2021). These losses arise from paying employees for time they did not work, as well as the indirect costs associated with decreased productivity and disruptions in workflow. By eliminating buddy punching through the use of personal safety devices like CoRe, companies can effectively reduce financial losses and ensure accurate time and attendance tracking (CoRe, 2023).

Personal safety devices such as CoRe can revolutionize traditional time clock systems and effectively eliminate the problem of "buddy punching" in the workplace. CoRe is a cutting-edge wearable device that tracks attendance accurately and ensures that employees' presence is recorded with precision, eliminating the need for outdated time clocks (CoRe, 2023).

CoRe's real-time location tracking feature adds an extra layer of accountability and accuracy to attendance management. By monitoring an employee's whereabouts through GPS technology, employers can ensure that employees are physically present at the designated work location during their scheduled hours. This eliminates the potential for fraudulent practices like remote clock-ins from off-site locations. With CoRe, employers can have peace of mind knowing that attendance records are reliable and reflective of actual work hours (CoRe, 2023).

Overall, personal safety devices like CoRe have the potential to revolutionize time clock systems in the workplace. By leveraging real-time location tracking, these devices provide accurate and secure methods of recording employee attendance. With the elimination of "buddy punching" and the ability to track employees' physical presence, employers can significantly enhance their time management processes, leading to improved efficiency and transparency in workforce management (CoRe, 2023).

References:

CoRe. (2023). About CoRe. Retrieved from https://www.corevos.com/about-core

Paycor. (2021). How Much is Buddy Punching Costing Your Company? Retrieved from https://www.paycor.com/resource-center/how-much-is-buddy-punching-costing-your-company

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