Payroll Archives • Page 7 of 8 • MyTimesheets

"Timecreep" - The hidden cost of using paper time sheets

The common view, when it comes to having employees track the hours they work via time sheets, is that it’s an easy process for them to complete the time sheet each week, so why improve the process. Yet, there is so much more to it and so many hidden costs,…

"Is it illegal to NOT keep time records for your staff" - Short answer = Yes.

We have all seen the media reports of employers not meeting their obligations to keep good records and it is likely that in the current economic environment we are going to see more. Under the following Acts, an employer is required to keep accurate time records of Who Worked When?…

Know Who Visited When Keep your visitors, your team, and your business safe.

How can you keep your visitors, team and business safe in the current situation?

The other day I read a news story about how Sir James Dyson had re-purposed some of their production from vacuum cleaners to ventilators. There we also the stories of brewers and distillers making sanitiser. These stories inspired me. Having a business which depends on employees clocking in or recording timesheets is tough…

Copy of If you have employees working remotely and you need to track their hours

How do you manage employees time and attendance in challenging times such we are seeing with the COVID-19 Pandemic?

In the past week we have had calls from employers who have staff now working remotely or who don't want staff using a shared device like a shared timeclock or who will struggle to get timesheets to their payroll admin who is now working from home. With employees working remotely,…

Plan B - Have you got a Business Continuity and contingency plan for dealing with impact of COVID-19

“If you fail to plan, you are planning to fail.” - Benjamin Franklin In light of what is currently going on in the world with COVID-19 it is critical that you have a plan b. Things are moving fast so being prepared is important. A business continuity plan (BCP) pinpoints the most important parts…

Have you got a Payroll Continuity Plan to cope with COVID-19?

One thing we have learned from past situations which disrupted business, such the Christchurch earthquake or even as far back as the Auckland Power Crisis (I still remember that one), is that they were incidents no-one saw coming and in some cases businesses were not prepared. In both of these…

There's nothing as certain as death, taxes and payroll changes...

Benjamin Franklin is famously quoted as saying "nothing is certain but death and taxes" For anyone involved in payroll you can add "payroll changes" to that quote as there is always something which changes every year and it is normally around April 1st. This year is no different with Inland…

How much in "Timesheet Creep"* costing our business

What is "timecreep" costing your small business? I am often asked what paper timesheets cost a business. Research shows that the cost of manual system can be up to 8% of your annual wage bill. This quick video shows you what factors into that cost for a business with just…

Joining forces with NZ's bookkeepers

We are super excited to be partnering with the Institute of Certified NZ Bookkeepers #nzbookkeepers via their "Members Benefits Scheme" If you are a member of #ICNZB check out their latest newsletter which came out today for details. If you are a bookkeeper and you would like to know more about how our MyTimesheets App…

What employee "time" records must you keep by law?

Almost every day we see a story in the media where an employer is being fined for not keeping accurate Employee Records. These stories typically relate to a lack of or incomplete Wage and Time Records, and/or Employment Agreements in addition to incorrect payments. The Employment Relations and Holidays Acts…