DockeryMeiners96
Expenses for many companies spell the difference between business viability and inability to compete in the market. Regardless of how much revenue flows in to the business, when the costs of production, marketing, and research are extremely high, the company loses profit. Proper management and utilization of the company's resources, including its human resources, are imperative in keeping a company running.
The lifeblood of an organization is its workforce. Like most company resources, work hours are precious input that must not be wasted. There are many tools available that should appraise the performance of groups and individuals. And the age-old practice of monitoring attendance and employee times in and out took on the more high-tech nature.
Mechanical punch clocks and timers are now slowly being replaced by what is called biometric time clocks. These clocks use human imprints to identify individuals instead of traditional time cards and swipe cards. The commonly used imprints are the ones of the forefinger or thumb, palm, voice, and retina.
Biometric time clocks tend to be more reliable in keeping track of employee traffic. By utilizing human imprints as reference for an individual, the machine helps to ensure that the worker has to personally check himself in and out. This eliminates "proxy punching" or having other people register attendance for latecomers or absentees. Due to its electronic features, a biometric clock can easily generate a report on attendance. This really is helpful to firms that need to closely monitor employee attendance.
Biometric time clocks are also used as security devices in many government and facilities. Because human imprints are hard to duplicate and since these clocks only recognize that kind of identification system, unauthorized people cannot get access to high-risk areas. This also means heightened security for a company's trade secrets and employees.