Time Tracking
Employee Time Clock Benchmarks for Accuracy, Payroll and ROI
Inaccurate time records cost employers 2-5% of gross payroll, and manual timesheet errors can add up to $2,300 per employee annually (per EasyClocking by WorkEasy Software product documentation). Across five measurement categories, verified benchmarks show that most organizations using manual or semi-manual timekeeping systems carry error rates, fraud exposure, and payroll rework loads that exceed the total cost of upgrading to automated time capture. The benchmarks below are organized into Accuracy and Error, Fraud and Compliance, Payroll Efficiency, Deployment and Adoption, and ROI and Cost so you can diagnose where your current system falls short.
Headline Numbers
Inaccurate time records cost 2-5% of gross payroll
Per EasyClocking by WorkEasy Software's published ROI risk benchmark, the combination of buddy punching, rounding errors, missed punches and manual correction creates a measurable drag on every payroll cycle.
Manual timesheet errors can cost up to $2,300 per employee annually
This figure, published on the EasyClocking by WorkEasy Software manufacturing solution page, captures the downstream cost of re-entry, corrections and retroactive adjustments.