Most modern companies employ their own methods of office timekeeping to track employee working hours. Gone are the bundy clocks and bundy cards of old, where employees punched in and out with the clock stamping the appropriate time and date. These days, more sophisticated electronic devices are used to track employee time.
In my experience working for several organizations in the past, one of them used a swipe-card mechanism while one used a network-based electronic bundy. In terms of employee fraud, I thought the swipe-card to be unsecure, since the technology involved bar coding, which can easily be copied. As for the network login, even if the access had been restricted to within the office firewall, an employee can share his or her password and have a colleague key the correct combination in his stead.
So what’s a great way to track employee time, when these seemingly high tech solutions still had loopholes? We shall discuss this in my next posting.