Creating and maintaining a competitive company in any business world these days is more difficult than ever, simply because every market is oversaturated with hundreds of different brands. That is why customer retention tends to be low.
However, not many companies understand that one of the secrets to success is employee retention, which is best done with cloud based time clock software. A piece of time tracking software that helps you keep track of your employees’ working hours and helps employees be mindful of their work efficiency.
Although a time clock software is not exactly a remedy for every problem in your business, it won’t always work. That is why you have to look for signs that your company is in need of such software.
In this article, we’ll share some of the most common signs you need to look out for.
Reduced Employee Accountability
One of the biggest signs that you are in need of cloud based time clock software is the lack of employee accountability. What exactly does that entail?
Well, you might notice that certain employees or maybe your entire workforce starts to slack off in terms of punctuality. They show up too late and leave their job posts too early.
Not only will this reduce the quality of your services or your products, but your budget is also going down the drain since you are paying for empty hours.
A cloud based time clock software will improve your employee’s work ethics since clocking in will be easier than ever. This will also improve employee accountability once they understand that you can easily oversee their clock in/out data.
Your business still uses paper punch cards
Another huge sign that is telling you that it is time to change to a time clock that is a little bit modern is if you are using paper punch cards. These kinds of systems are simply too old or outdated and simply need to be replaced.
Mostly because they don’t allow for any kind of human error. Failure to punch in is very punishing to your workforce. And, it also allows for buddy punching, which is definitely something you want to avoid.
You have no insight into your workforce’s working hours
While paper punch cards have proven to be efficient enough throughout these past few decades, it is no doubt time to replace them since they don’t offer enough information to managers, leaders, or company directors.
A cloud based time clock software not only will keep the punch-in/out data safe in a cloud system, but it will also be much easier to use for employees.
Such software will also allow for better security measures. For example, some cloud based time clock software have fingerprint scanners implemented or maybe even face recognition, which ensures that only the right employee can punch in into the software.
This ensures safety in your office/workspace but also prevents buddy punching, which is crucial for any business nowadays.