Employers Name Online Time Tracking as Most Preferred Method of Timekeeping [INFOGRAPHIC]
According to a recent survey conducted by Paychex, the most preferred method of tracking time worked is using a web application on a tablet, phone, or PC. The survey conducted online between March 31, 2017, and April 8, 2017, polled 400 leaders of U.S. companies with less than 500 employees and found that 29 percent of business owners favor online time tracking, with paper coming in at 20 percent, and mobile applications coming in at 14 percent.
Of those employers polled, younger business owners in particular (61 percent of those ages 18-34) said they prefer online time tracking versus older business owners (47 percent of those ages 50 or older) who said they prefer tracking time via paper timesheets. We’ve compiled some of the statistics from this survey into an infographic to highlighting additional findings:
Findings also suggest that once a business owner adopts an approach to time and attendance, they typically don’t change methods. According to Paychex, “36 percent of respondents claim they’ve never changed their time and attendance solution and of that group, 50 percent have been in business for longer than 10 years.”
While tracking time using traditional paper timesheets is still prevalent, web applications have emerged as the top choice among American employers today, suggesting that employers recognize and value the benefits advanced technology provides that traditional methods simply can’t.
Online solutions provide secure access to data anytime, anywhere, and offer features that are important to employers, like scheduling capabilities, employee self-service, powerful analytics, PTO management, and GPS tracking. These features improve the efficiency of operations across the board and provide greater flexibility and more tools to employers.
FingerCheck offers an expansive range of clock-in methods including a physical time clock, online, mobile app, tablet app, text, and tweet options. Workers of every industry can clock in whether they’re at a job site, in the office, on-the-road, or working from home, and employers can log into the website and review their time data wherever the internet is accessible. It couldn’t be simpler.
If you’re interested in trying our web-based time and attendance solution, FingerCheck offers a 30-day free trial. If you’d like more information, feel free to contact firstname.lastname@example.org, or call 1-800-610-9501 to speak to a salesperson to learn how to get started today.