1/5/2024 0 Comments Lost to time phraseIn order to reduce these occurrences there are a number of steps that managers can take: There may be a number of factors that play into why time theft occurs. How To Stop And Reduce Theft Of Company Time Moreover, some of these behaviors can creep into the business’s overall ability to achieve its goals or service its customers. While that can have a direct cost, employee time theft can impact the entire workforce by creating resentment and setting bad examples for good employees. The true cost of time theft goes beyond the direct cost associated with fraudulent hours or minutes employees report. Luckily for you, there are ways to prevent workforce time theft. Often, employers don’t find out until a customer complains, or it becomes painfully clear that the work isn’t getting done. If you don’t have checks and balances in place, it’s easy for workers to disappear off the radar. They could stop at Starbucks for a few minutes, go home to let the dog out or not even show up to work at all all. When employees are on the move-drivers, landscapers, home health aides, for example-it’s especially difficult to know if they’re really where they’re supposed to be. “So-and-so lost their time card, so I loaned them mine.” 7. “I didn't commit time theft, the time clock just wouldn’t take my swipe card.” If you’re using time clocks with swipe cards, your managers probably hear plenty of excuses like this: Ironically, some employees use their swipe cards as a tool for not being tracked. Time clock swipe cards are supposed to be a time-tracking tool. Social media is a major employee distractor and a popular form of time theft. From LinkedIn to Twitter, Instagram to Pinterest…the list goes on. 61% of surveyed employees use the site at work for 15 minutes per day.) But Facebook isn’t the only site out there. Productivity drops by 1.5% when staff can access Facebook at work, according to a study by Nucleus Research. Social media is a big culprit for time theft.
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