2024 FLSA Exemptions and Wage Thresholds
See Demo 1-800-714-5153 FLSA Exemptions and Wage Thresholds: 2024 Key Takeaways 1. Understanding the FLSA The Fair Labor Standards Act (FLSA) is crucial for setting standards for minimum wage, overtime pay, and other labor practices. Compliance with FLSA regulations ensures fair treatment of employees and protects businesses from legal penalties. 2. Exemptions and Salary Thresholds […]
5 Reasons to Use Time Clocks With Facial Recognition
See Demo 1-800-714-5153 5 Reasons to Use Time Clocks With Facial Recognition Key Takeaways 1. Prevent Time Theft Facial recognition time clocks eliminate buddy punching and other forms of time theft by ensuring that only the actual employee can clock in or out. This leads to more accurate and honest attendance records. 2. Enhance Security […]
California Supreme Court Clarifies Wage Statement Law: 2024
See Demo 1-800-714-5153 California Wage Statement Law: “Knowing and Intentional” Violations Key Takeaways The California Supreme Court’s rulings in Naranjo v. Spectrum Security Services offer several critical insights and actionable points for employers to consider. Here are the key takeaways from these landmark decisions: Meal Period Premiums Are Wages Clarification: The Supreme Court has definitively […]
New 2024 Time Rounding Ruling in California
See Demo 1-800-714-5153 New Time Rounding Ruling in California: 2024 Introduction to Time Rounding Time rounding is a common practice where employers adjust employees’ recorded work hours to the nearest set increment, such as five, ten, or fifteen minutes. This practice, historically used to streamline payroll processes and simplify timekeeping, has been prevalent among many […]
Integrating Time and Attendance Systems with Payroll
See Demo 1-800-714-5153 Integrating Time and Attendance Systems with Payroll Integrating time and attendance systems with payroll systems brings a new dimension to workforce management. Payroll systems are essential for calculating employee wages, managing benefits, and ensuring timely and accurate payments. When these two systems work in tandem, businesses can achieve seamless data flow, improved […]
Buddy Punching 2024
See Demo 1-800-714-5153 The Top Ways to Reduce Buddy Punching in 2024 Buddy punching is the practice where an employee clocks in or out for a coworker, usually using a timecard system or digital time tracking software. This can be done for various reasons, such as covering up lateness, leaving early, or inflating hours worked […]
Business Days: Transactions & Schedules
See Demo 1-800-714-5153 Business Days: Affecting Transactions and Schedules In our daily lives, whether managing personal affairs or navigating the professional world, the term “business day” frequently arises. This measure of time is not just a simple count of hours—it’s a cornerstone of scheduling for services, shipping, financial transactions, and much more. A business day […]
Money Saving Time and Attendance Software
See Demo 1-800-714-5153 How Time & Attendance Software Saves Small Businesses Money Efficient time management is pivotal for operational success and cost optimization. Mismanaged time tracking can lead to substantial financial losses through payroll errors, inefficient labor deployment, and non-compliance with labor regulations. In contrast, implementing a robust time and attendance system can transform these […]
Data Security in HR and Payroll
See Demo 1-800-714-5153 Ensuring Data Security in HR and Payroll: TimeTrex’s Commitment to Privacy The safeguarding of sensitive information has become essential for modern business, especially within the HR and payroll sectors. As these domains routinely handle personal and financial data, the stakes for maintaining stringent data security and privacy measures have never been higher. […]
Statutory Pay for Good Friday and Easter Monday in Canada
See Demo 1-800-714-5153 Statutory Holiday Pay for Good Friday and Easter Monday in Canada In 2024, Good Friday falls on March 29th, and Easter Monday occurs on April 1st. These dates offer Canadians a long weekend in early spring, a time for many to observe religious traditions, spend time with family, or simply enjoy the […]