One of the hot topics of business these days is employee fraud. It may come in the form of sharing proprietary company information, or straight up stealing, but it’s a problem never the less. These tips will help you identify and stop time card, and other forms of employee fraud.
One of the most obvious sources for fraud is the time punch clock. It’s easy for dishonest employees to swipe in and out when they aren’t supposed to or to have someone swipe for them. This is illegal, but it’s often left up to HR to figure out what went wrong. Changing the time clock can correct some of these issues. For example, friends can’t clock each other in if you rely on biometrics. Other time clocks are based online, so your employees must be at their terminal to sign in.
If you don’t communicate the policies you have with regards to time and attendance systems, employees will never know if they have done something wrong. It’s common sense to tell when you’re late, but what about sick or vacation days? These are gray areas that can come back to haunt you as the employer, making it hard to fire the wrong people and retain the right ones. When a candidate becomes a full or part-time employee, distribute a handbook that details your specific expectations for attendance. Review this document with someone from HR so that everyone is aware of the rules.
When all else fails, perform an audit of your company. An audit can be stressful for your employees, especially in a small business, but it can actually help to deter fraud if implemented well. Most fraud comes from internal knowledge of mismanagement. In small companies especially, recognizing fraud by audit can help set a precedent for behavior. In some cases, simple disciplinary actions will be enough. For chronic abusers, heavier punishments might be in order. Try to identify the high-risk areas of your business and start with those. Measuring attendance and stock, for instance, will uncover some losses and won’t take as much time as some of the administration aspects.
Fraud is a serious concern, especially for small businesses with limited capital. You don’t want to be the bad guy, but you may have to apply some audits and disciplinary actions to stop theft and fraud as they happen. Begin by identifying the areas you plan to lose the most on, then be sure that everyone on staff understands your expectations.
Allied Time is the maker of employee time clock software for businesses of all sizes. For biometric and online time clocks, shop Allied Time.
Sweepstakes companies are popping up all over the country as more business owners take advantage of this lucrative industry. If you’re one of the many entrepreneurs with a sweepstakes internet café, you know how important it is to set your business apart from the competition. To help you do just that, here are three ideas to enhance your sweepstakes internet café and get more people to purchase your products and/or services.
Get web-based games. If you haven’t made the switch fromtraditional client-server model to web-based games, now is the time. Savvy business owners have already exchanged client-server games for today’s most advanced web-based games. Web-based games are faster, better, and more exciting than the old ones.
Offer a better variety of games. Once you make the switch from client-server games to web-based games, it’s time to expand your portfolio of games. The key is to offer variety, and plenty of games to choose from. Clients want to know that they have an assortmentat their fingertips. Also, consider adding games designed for all ages so that everyone can enjoy your selection.
Encourage playing from home. One of the best advantages of having web-based games is that clients can now play from the comfort of their own home. They don’t have to use the video sweepstakes machines in your store. For the business owner, this means more money for your company. People are more likely to spend more time playing games when they are home and comfortable. Advertise this new feature to attract more clientele and keep current ones coming back for more.