User:CasanovaPereyra136
Overhead costs for most companies spell the main difference between business viability and inability to be competitive on the market. Regardless of how much revenue flows in to the business, if 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 recruiting, are imperative to keep a company running.
The lifeblood of the 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 people. And the age-old practice of monitoring attendance and employee times out and in took on a more high-tech nature.
Mechanical punch clocks and timers are actually 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 widely used imprints are the ones from the forefinger or thumb, palm, voice, and retina.
Biometric time clocks are more reliable to keep track of employee traffic. By utilizing human imprints as reference for a person, the machine ensures that the employee has to personally check himself in and out. This eliminates "proxy punching" or having other people register attendance for latecomers or absentees. Because of its electronic features, a biometric clock can certainly produce a report on attendance. This really is helpful to firms that need to closely monitor employee attendance.
Biometric time clocks will also be used as security devices in lots of government and facilities. Because human imprints are close to impossible to copy and also, since these clocks only recognize that kind of identification system, unauthorized people cannot gain access to high-risk areas. This also means heightened to safeguard a company's trade secrets and employees.
