Popular Posts

Friday, May 04, 2018

What Is ‘Buddy Punching’? Businesses Advised To Be On Alert For Employee Theft

OCEAN CITY — Some resort businesses are on alert for a relatively new scam called “buddy punching,” and while the name suggests horseplay in the workplace or hazing, it’s a serious theft scheme that could and does costs thousands of dollars.

In simplest terms, buddy punching refers to the practice of an employee utilizing a clock-in, clock out system, typically the point-of-sale computer systems, to punch in their friends, co-workers or roommates when they are not working those hours or even that day.

Most cases involve just a couple hours here or there over the course of a week or payroll period, but if multiple employees are involved, it can quickly add up to thousands of dollars in lost wages. Over the course of a summer season, it could and does add up to tens of thousands of dollars in lost profits.

More

7 comments:

  1. Smart employers use thumb print chronos systems.

    ReplyDelete
  2. that's nothing new. hell, ass hats where doing that in '87 when i was kid working at sears.

    ReplyDelete
  3. When I worked in Detroit at Ford, I was on the assembly line, we punched each other in and never showed up. We did the other persons job and vice a versa to give ourselves extra paid days off.

    ReplyDelete
  4. I did this at Maytech when it was here. I was in sales, many times never did show up, just took credit for the hours.

    ReplyDelete
  5. ask Jackie Welfonder. It's something she knows very well.

    ReplyDelete
  6. Lost profits - yes.
    Lost wages - just the opposite! Gained wages!

    ReplyDelete
  7. Where is quality control on this? Good QC, no issue!

    HELLO City FAIL?

    ReplyDelete

Note: Only a member of this blog may post a comment.