Lax payroll policies waste time and money — something the city of Philadelphia is all too familiar with during a recent audit of its inner city departments and agencies. Alan Butovitz, the City Controller, discovered payroll incidents in over 42 agencies. During the discovery, Butkovitz found that 20 of the city departments do not contain written procedures […]
A year ago, we posted, “Confessions of a Hallway Stalker”, about employees tracking down managers for time and attendance approvals. As summer vacation requests abound, we think it’s a good time to revisit how a cloud based time and attendance system helps both the employee and manager. Here are the Top 10 ways in which an advanced […]
A business environment is comprised of both internal and external factors. We can’t control the external factors — things like market gyrations, national politics, and international events. However, what we can do is manage for those factors. Specifically, organizations like yours can manage time and attendance in response to our constantly changing business environments. In […]
Got overtime? A lot of businesses do, and very few plan for the extra expenses as a result of overtime, some of which aren’t as easy to spot as an extra hour on a timesheet. According to our latest survey, only 23% said they specifically budget for overtime expenses and 48% said they avoid scheduling […]
Today, perhaps you’re hearing the slamming shut of Fiscal Year 2015 as financial books are closed on in companies around the world. Ask yourself, if your company’s finances are no longer recorded in leather-bound ledgers –– why are you still using paper timesheets or manual methods to track your employees attendance? With an advanced time and […]
You can hear the boss making his way toward your cubicle. Didn’t he ask for a quick budget last week? No need to panic. Your department is using cloud based time clocks. With the click of a few buttons on your manager dashboard, you have instant access to real-time information. Here are 3 ways you […]
Featured Topic: What's Unique About stratustime?
For many professionals, the phrase “cloud-based computing” has become synonymous with business-as-usual, and the promises that come with the cloud, such as rapid deployment, faster services, and greater connectivity, are baked into many modern work environments. However, less than a decade ago, the concept of the cloud was still new and fairly novel for many […]Read More >
Do you remember the proposed overtime changes to the Fair Labor Standards Act (FLSA) in 2016? Once in effect, the rule was predicted to extend overtime protections to 4.2 million workers who were not previously eligible under federal law. Plenty of workers were excited about the changes, while many companies were a little concerned. And one sector that […]Read More >
Between the country’s economic growth and the record low unemployment rate of 4.1%, times are looking good for many companies and workers. Now wages are starting to nudge upwards too. According to recent Bureau of Labor Statistics data, average hourly earnings moved up nearly 3% from a year ago. This means that more money is […]Read More >
How stratustime Works
stratustime tracks employee hours through PCs, mobile devices, and POS systems, then automatically transmits time and attendance data to your payroll service. Advanced features like scheduling, PTO accrual, and labor forecasting give HR managers and payroll specialists more time to focus on people instead of data entry.