What is Time Theft?
Employee time theft refers to the situation where an employee receives payment for time they did not spend working or engaged in unproductive activities.
Time stealing, another term for this phenomenon, can occur deliberately when employees want to evade their responsibilities or engage in fraudulent practices such as manipulating recorded work hours. Unintentional time theft may also happen if employees are unaware of company policies or simply make mistakes.
However, it's important to note that time theft can lead to payroll errors and fraud. Additionally, there are legal implications involved. Nevertheless, proving that time theft has occurred without proper time-tracking systems in place can be extremely challenging for employers.
This raises the question: who is responsible for committing acts of time theft?
While employees from any industry may commit these actions, it tends to be more prevalent among hourly workers rather than salaried ones.
Implement Time-Tracking Software like ZEUS®
With ZEUS® Time and Attendance you can solve all time management tasks in a time-saving and reliable manner. Workflows, automatic notifications and interactive communication between people and the system take care of standard processes that were previously only possible with a lot of effort.
ZEUS® can be used in every industry and in every company size. We tailor the scalable range of functions and the modular expandability of the system precisely to your needs and your company structure. Use ISGUS and trust ZEUS®!