Employees may not be trying to rip off their employers but they are probably costing them money anyway. No matter if it’s intentional or not, employees can drain the payroll budget either by deliberately manipulating their timesheets or by falling victim to an innocent lack of standardized timekeeping rules.
A small business can circumvent the issue by having an accurate system in place to record and store timekeeping data. Many, if not most, small businesses allow their employees to jot down their hours on an excel spreadsheet and email it over to the payroll person. While this may work sometimes and for some employees the method is not fool proof and leaves ample room for mistakes and fraud.