Companies everywhere are concerned with time theft. One of the ways that time clock fraud can happen is through “buddy punching,” when an employee clocks in or out for other employees. Facial recognition technology is designed to help you prevent buddy punching. Do your employees know how much buddy punching costs your company? Buddy […]
As back-office functions go, tracking employee hours can sometimes get overlooked. This is especially true for many new businesses with small teams. But the issue of time theft, no matter how big your business, is anything but small. Even a single hour of padding on each employee time card per month can cost a business […]
In the last decade, tech companies of all sizes have come to rely on cloud-based software to improve workflow, strengthen connections, and give employees new ways to sync up across locations and teams. What about a cloud-based solution for tracking schedules and logging time & attendance for tech companies? For some newer time & attendance […]
Discover how our 60-person-strong risk management team keeps an eye on law changes to inform our product development team.
When it comes to day-to-day business needs, a company’s cloud-based time & attendance software should be reliable, flexible, and easy to use. This tends to be the criteria by which industry websites such as SoftwareAdvice.com and Business.com break down the pros and cons of different time & attendance solutions. It also reflects the kind of […]
If you’re a restaurant owner, you may have opened shop because you have a love of food, or entertaining, or both. You also probably discovered—very quickly—that there was an administrative side to things that involved parts of the business you weren’t particularly fond of, like paperwork, and employment laws, and tracking time and attendance for […]
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.