Time theft is a type of employee fraud where a worker receives payment for tasks he or she has not completed. There are several examples of time theft, all of which take an employee away from his or her assigned work—costing companies time and money.
3 Types of Time Theft
As an employer, it’s important to be aware of the following types of time theft:
- Timesheet tampering. One of the most common types of time theft, timesheet tampering, is executed when employees are dishonest about their hours worked. When punch-in cards are involved, some employees may rely on a co-worker to clock in and out for them.
- Extended breaks. Time theft can occur when employees take longer breaks than allotted, keeping them away from their work for prolonged periods of time. In some cases, an employee could be taking unsanctioned breaks, which can be a distraction to employees who are on task and following workplace procedures.
- Internet usage. One of the most difficult types of time theft to track, using the internet for non-work-related purposes is common. This issue is compounded when you consider that personal devices like tablets and smartphones are Wi-Fi enabled. These devices are harder to monitor using company systems.
To see how time theft could be affecting your business, watch this:
How to Combat Time Theft
To combat these and other types of time theft, some employers rely on attendance software to monitor employee’s daily tasks. However, many instances of time theft can be prevented by setting clear guidelines for breaks and internet usage.
Above all, employees should be reminded that while they are on company time, they should be prepared to put in the hours you have both agreed upon.