Buddy Punching Costs Employers $373 Million Annually, Tips to Combat This Trend
New research published in 2017 suggests that a simple payroll loophole could cost U.S. employers more than $373 million every year. The loophole is well-known and widespread. It’s called buddy punching. Recently, TSheets—a cloud-based time tracking app—released new insights into buddy punching, and ways employers can curtail this trend.