Toll Free 800-226-6696 / Fax 813-885-1967 / Tampa Bay Area  813-885-6696

Is Time Theft Robbing You Blind?

 

 

 

 

 

 

 

 

 

 

 

Time theft costs American businesses hundreds of billions of dollars each year.  This

 

results from employees who "steal" from their employers by willfully wasting the time

 

for which they are paid.  Robert Half has conducted numerous surveys relative to time

 

theft and concluded that the average employee "steals" approximately 4.5 hours per week

 

from his employer or nearly six full workweeks per year.  You could be losing more than

 

10% of your payroll through the following forms of time theft:

 

 

 

 

 

 

 

 

 

 

 

 

* Late arrival or early departure

 

 

 

 

 

* Taking long lunch hours and breaks

 

 

 

 

 

* Requesting paid sick days for inappropriate reasons

 

 

 

 

* Slowing down the work pace to create overtime

 

 

 

 

* Excessive socializing and personal telephone calls

 

 

 

 

* Handling personal business while at work

 

 

 

 

* Using Company time and facilities to operate another business

 

 

 

 

 

 

 

 

 

 

 

 

Time theft is not confined to any one type of person or industry.  It applies to "white

 

collar" and "blue collar" employees in every type business, institution, profession and

 

governmental agency.  It occurs in every organization with a payroll.

 

 

 

 

 

 

 

 

 

 

 

 

Mr. Half goes on to say that the majority of the executives surveyed state that permanent

 

employees steal more time than temporary employees.  Also, the greater the employee's

 

seniority, the greater the chance that they will steal time from their employer.  Office

 

personnel steal more time than manufacturing employees, and employees under thirty

 

years old tend to steal more time than older employees.

 

 

 

 

 

 

 

 

 

 

 

 

 

If you don't use a time and attendance system, isn't it about time to seriously consider one?

 

For Fast Action…Call  Peninsula Time Clock   Toll Free by dialing 1-800-226-6696 (Fax 813-885-1967).

 

The sooner you act the sooner you will be "TURNING TIME THEFT INTO PROFIT

 

DOLLARS!"

 

 

 

 

 

 

 

 

 

 

Peninsula Time Clock Inc.

All Rights Reserved ®

 
Website by Peninsula Time Clock Inc.