Most people can agree that various generations have drastically different views on, well, just about everything. This fact certainly doesn’t change when it comes to business. The current workforce is made up of Baby Boomers, Gen X’ers, Millennials, and the first digital natives, Generation Z.
A Spiceworks survey shows that 62% of organizations currently use biometric authentication technology in the workplace and that an additional 24% plan to implement biometric technology within the next two years.
Employees are quick to ditch memorizing long, lengthy passwords and HR is on board to implement biometric technology to help accomplish a wide of range of objectives in the workplace, specifically employee labor reporting validation and overcoming daily people challenges like buddy punching.
Since 2016, skilled nursing providers have been required to submit Payroll-Based Journal (PBJ) data to the Centers for Medicare and Medicaid Services (CMS) as a way to drive industry standards and ensure high quality care for patients.
CMS has been very clear from the start that PBJ data would eventually affect a providers’ Five Star Quality Rating, but it was never certain when that date would be, or how PBJ data would replace the current method of data capture.
Your people are your most valuable asset and often your largest expense. This is why investing in the right workforce management technology should be a top priority for any organization.
According to a Software Advice study, 43% of employees admitted to falsifying their timesheets, costing organizations $400 billion annually in lost productivity.[i]
In addition to time theft, a countless number HR and Payroll managers are still chasing down employees and supervisors for missing punches, approved time sheets, and accounting for shift differential and overtime pay. Once the time capture is complete, managers then have to ensure that all of the clean data ultimately finds its way into the payroll system for successful payroll runs.