Tuesday, July 19, 2011

Time-and-Attendance, ROI: The value of seconds

It Takes a Few Seconds to Lose Billions – the Numbers Tell the Story (M2SYS)
Breaking down the numbers can provide a closer look at how much a few seconds or a few minutes can add up over the long term, as reported in our White paper:

“Employees taking lunch breaks just 15 minutes past their allotted time can equate to about an extra day of vacation per month, every month.”

“If every employee in a 100 employee organization took a 15 minute extended lunch each day, that would equal 1,200 free vacation days per year.”
Read the whole thing.
Carl from Allevate, a UK biometrics company takes a contrary view in a thoughtful comment to the M2SYS post.

There is incredible diversity in both the types of organizations in the global economy and the range of functions performed within those organizations. There are certainly times and places where each attitude is most appropriate to the efficient operation of the organization.