See anyone who repeatedly doesn’t take a lunch break? Notice any late arrivals? If so, calculate what you’re paying them (including overtime) and the opportunities you miss by not being well-staffed in your store. Not sure how much time theft is costing you? Just look at your payroll report and see what trends you notice. Why aren’t they there? Maybe they leave during their shift to make a bank deposit for the store… but it takes three hours.Īgain - time clock fraud. A store without a manager present will not close as much business as a store with a manager present. If they’re not at your store, they’re hurting your sales. People may forget every now and then, but if you look in your payroll system and see that someone has “forgotten” to clock out for lunch every day since they’ve started, you probably have a time theft problem. When you look back, you’ll see lots of lunch hours - but you won’t know who actually worked through lunch! Then you’ll start to see some overtime hours you didn’t expect at the end of your payroll cycle. It happens often when you have a busy organization - you don’t know who’s out or who’s back from lunch when. People also con the system when they don’t clock out for lunch. (But that’s really expensive - especially if you run several stores.) 3. Some companies trust the time report, but other businesses have gone all out with biometric readers or thumbprint scanning to prevent it. They leave early and a friend clocks them out later. They can do it at the end of a shift too. Other times, people call their co-workers and have them clock in for them - it’s called buddy punching. We end up paying them from the time they were supposed to start - not the time they actually arrived. We all know the internet goes out, so we give them the benefit of the doubt more than we should. Then they tell their manager the system was down so they couldn’t clock in right away. Maybe someone’s late for work, so they clock in late. Time clock fraud takes several different shapes. People cheat the system and cost you money you shouldn’t be paying.
If you don’t think it’s happening to you, here’s what you need to know: it’s happening to you. Time clock fraud happens to everyone in retail.
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