Blog | AAB Payroll Inc

4 Advantages of Having an Automated Time and Attendance Software

According to a survey conducted by Wasp Buzz, 80% of workers have admitted to being guilty of time theft. This is an alarming percentage, and chances are your company is a victim. Although completely eliminating time theft is impossible, there are ways to avoid it, or even reduce it. Not using the proper time tracking systems, like using paper timecards for instance, can lead to “buddy punching”, which contributes to thousands of dollars being lost by businesses every year. The best solution to this problem is to switch to an automated time and attendance tracking system.

The Different Pay Frequencies and How to Choose the Right One For Your Business

Whether you are starting your own business or you’re simply thinking about making changes to your current payroll structure, choosing a pay frequency is very important and you should do it carefully. There are four main pay frequencies: weekly, biweekly, semi-monthly, and monthly. Some pay frequencies are better for certain purposes than others, which is why it is important to know and understand the pros and cons of each before making a decision. There is no federal law that requires a certain frequency, but each state regulates this individually.