Buddy punching happens when one employee clocks in for another who is running late or absent. While it might seem like a small favor among coworkers, it leads to significant financial losses and inaccurate attendance records.
The Hidden Cost of Time Theft
Studies show that buddy punching can cost an employer anywhere from 2% to 5% of total payroll. In a company with 100 employees, that adds up to thousands of dollars wasted every single month.
How Bong Clock Solves This
Bong Clock introduces multiple layers of integrity to ensure the person clocking in is actually present:
- Dynamic QR Codes: Our QR codes refresh every second, meaning screenshots or printed copies will not work.
- GPS Geofencing: Employees can only clock in when their device physically enters the designated work zone radius.
- Wi-Fi Validation: An additional layer that verifies the employee is connected to the company network before allowing a clock-in.
By implementing these modern technologies, businesses can finally say goodbye to time theft and ensure accurate, fair payroll for everyone.