Timing has some important advantages for both small and large companies. On the one hand, the control clocks will provide all the companies with all the necessary data through which the payroll can be carried out. The complicated calculations of calculating the total working time of employees, while calculating days off and overtime, no longer consume as much time, especially with electronic time clocks.

For some companies, however, a punch clock makes more sense. The hours still recorded by physical records provide not only evidence of hours worked, as well as a basis for returning to any payroll disputes.

A great advantage of a time system is the fact that employee overtime is calculated automatically and can be tracked by systems of record. Time clocks can record not only overtime, but also breaks. Being able to track time throughout the day is critical to payroll and also helps hold employees to account.

Knowing how long a task takes on average is very important for any company. As a business owner, you can calculate what you think your man hours should be and work towards that goal. At the end of the month, you can compare the expected time with the time actually spent through the time recorded on the punch cards.

Better time management is also obtained through the use of clocks. Depending on the number of projects you and your staff are working on at the same time, it is crucial to know how well you manage to divide the tasks. A time system will let you know how to divide your staff only by the number of hours you have and by the production you are showing during those hours worked.

However, a time and attendance system does not work for all companies. Many employees feel controlled by their boss when the time and attendance system is introduced. This often leads to a loss of confidence and a demoralized business climate. Additionally, manual punch clocks require time cards and often must be calculated by hand to determine hourly wages. While web-based time clocks may have a higher upfront cost, in the long run they may provide a better option for those who don’t want to store time cards and / or cut down on payroll calculations.

What time the clock is appropriate really depends on where your business is and what can be done about it. No matter what the choice is, timekeepers are great for any business as they provide a way to calculate hours worked on projects and by employees without relying on self-reported numbers.