Keeping accurate time will pay off BIG!

One thing all businesses have in common is that payroll is a business’s biggest expense and biggest asset. Keeping accurate time accruals on your employees as they arrive and leave your place of business will pay out “BIG” in labor cost savings. Here’s an example of those savings that will allow you to save money.
John Doe arrives at the office at 8:15 a.m. works until 11:45 a.m. and heads to lunch. Returns at 1:05 p.m. and finishes the day around 4:50 p.m. Now John is an honest employee and you are grateful to have him in your company. But John’s time sheet indicates a different story. It shows his time as arriving at the office at 8:00 a.m. working up to lunch and leaving at 12:00 p.m. Returning from the burger joint at 1:00 p.m. working the balance of the day until close of business, and leaving at 5:00 p.m. Looking at the difference of John’s actual time worked, and the time indicated that was worked, you will notice a clear difference of .75 or (45 minutes) of labor costs. Your business is paying for lost time. If John makes $10 per hour, your company paid out $7.50 for the lost time. If this happens daily, your lost time could run you about $37.50 per week or $150.00 per month OR $1800.00 a year! And that’s just John’s gross wages (employer taxes would be in addition to these figures). Imagine if each employee’s time was submitted this way. What is a business owner to do?
pes-wies has the answer! Contact pes-wies today and receive this valuable information at no cost to you. “Payroll. The easy way!”

(Idaho payroll, Boise payroll, payroll taxes, payroll support, payroll services, business payroll.)

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