Employee Punch Card

An employee punch card is used with a time clock that requires a manual punch. When an employee arrives to work or plans to leave, they insert the punch card into the clock to create a timestamp. Older time clocks printed the date and time on the card, which was used as a timesheet to calculate the hours worked for payroll processing. But today’s time clocks typically store the time data within the system, rather than printing it into a timecard.

Punch clocks aren’t as common in modern workplaces. Many employees rely on digital time-tracking solutions rather than employee punch cards. Even those using physical clocks typically use swipe cards or proximity cards rather than punch cards. More advanced clocks can use physical characteristics to allow employees to record time stamps, such as finger scans or facial recognition. These reduce the risk of buddy punching by ensuring only an employee can clock in with their unique physical data.

Simplify HR management today.

Simplify HR management today.

Gross vs. Net Income

May 17, 2024

Gross vs. net income compares the total compensation an employee receives (gross pay) and what they take home after deductions (net pay). Calculations and figures shown on a paycheck often indicate where deductions are being made and what they are for. An employee can usually view both the gross and net pay on their pay…

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Garnishment

May 17, 2024

Wage garnishment refers to the legal withholding of money from a paycheck. The funds withheld from an employee’s paycheck are distributed to another party, such as to pay off unpaid taxes, child support payments, defaulted student loans, alimony, and other monetary fines. Garnishment involves three main parties: the creditor taking the money (the garnishor); the…

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