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Team Management Executive Report

Time Theft Still a Problem for 75% of Companies

For companies that employ mostly hourly workers, every additional minute on the clock outside of scheduled hours costs big time dollars -- to the tune of $400 b...

Time Theft Still a Problem for 75% of Companies
Author / Publisher
KyrosPub Editorial
Publication Date
July 2024
Format & Readers
Executive PDF • 0 Reads

Executive Abstract

For companies that employ mostly hourly workers, every additional minute on the clock outside of scheduled hours costs big time dollars -- to the tune of $400 billion annually in lost productivity.

A recent study by business software review hub, Software Advice found that when asked whether or not workers ever exaggerate the number of hours they worked on a shift, nearly half said they had committed time theft at least once.
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