Atricle Dump - Business

Energizing Your Internal Audit Program
Planning for the Internal AuditThe key to an effective, thorough and value added internal audit is in the preparation. If internal auditors are spending one to two hours preparing for an internal audit, it is not enough time. To properly prepa

Job-Seekers: Prepare Your Stories
You know that your great stories - call them anecdotes, examples or whatever - will help you shine in a job interview. Stories do three things. One, they show that you really grasped the question - whether it was “Have you ever had to pinch-hit under

An employee time clock is a device that monitors the starting and quitting time of employees. In the olden days, punch cards were normally used for this purpose. The worker had to punch his arrival and departure time on his card using a punch device. Slowly this system became obsolete and it was replaced by computer based tracking systems. On these systems, the employee had to enter his employee number and swipe a magnetic card for identification purposes. He then had to enter other details such as the reason for leaving early or any other such information as might be required of him by the employer.

Nowadays the entire picture has changed and magnetic swipe cards are no longer in vogue. They have been replaced by biometric time systems. A biometric device analyzes the biological observations. The employee needs to just place his hand on the device and the system takes care of the rest. The biometric device stores about 96 discreet images of the hand and generates a corresponding numerical template using an algorithm. Each time the employee

The Difference a Holistic Business Approach Makes
A holistic business approach is a relatively new concept that is increasingly being accepted by the business world. To be a business that uses holistic techniques, it means that the entire organization is considered in its processes and policies, as

time on his card using a punch device. Slowly this system became obsolete and it was replaced by computer based tracking systems. On these systems, the employee had to enter his employee number and swipe a magnetic card for identification purposes. He then had to enter other details such as the reason for leaving early or any other such information as might be required of him by the employer.

Fire Your Analyst (Part II)
A recent study (Rothwell, P.M. and Martyn, C.N. Reproducibility of peer review in clinical neuroscience: Is agreement between reviewers any greater than would be expected by chance alone? Brain 2000 123:1964–1969) measured the level of agreement betw

c card for identification purposes. He then had to enter other details such as the reason for leaving early or any other such information as might be required of him by the employer.

Should You Buy an Existing Business?
Having decided to go into business and selected a potential business idea the question arises, should you start from scratch or buy an existing business? If you are one of the few who have a completely new product or service, the decision, by definit

ture has changed and magnetic swipe cards are no longer in vogue. They have been replaced by biometric time systems. A biometric device analyzes the biological observations. The employee needs to just place his hand on the device and the system takes care of the rest. The biometric device stores about 96 discreet images of the hand and generates a corresponding numerical template using an algorithm. Each time the employee

A Lesson of Survival in the Always-in-Touch World
Simon sauntered. It was rare that he had the chance to take a lunchtime walk beside the city’s river. He wasn’t going to waste this one. And in any case, he desperately needed some space. Oblivious of the grey skies, the grey path and the rush of oth

nd on the device and the system takes care of the rest. The biometric device stores about 96 discreet images of the hand and generates a corresponding numerical template using an algorithm. Each time the employee scans his hand, a number is generated and is compared to the one in the records. The device then exactly identifies the individual. Face recognition technology and iris recognition technology are also used to identify individuals.

Major players in the manufacture of biometric systems include ATRx, Lanthem Time Cooperation, Acroprint and Time Clock Plus.

The advantage of the biometric system is that they reduce errors and eliminate ?buddy punching? where one employee punches the time card for another. It saves time and there are no cards to create or administer. The instance of an employee failing to carry the card is also eliminated.

A computerized time clock provides various information for the employer like the employee time card report, summary of hours worked, holidays reports, shifts reports, employee profiles repor

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