Hive, an employee feedback company, agrees Newcastle city centre office lease
Hive, an employee feedback platform, has agreed a lease on an office in Newcastle city centre.
The lease is for ten years, for an office suite on the fourth floor of Broadacre House, owned by Taras Properties.
Moving into a new building is the perfect time to assess your current payroll and HR systems, particularly the way that you record employee attendance and their hours worked. This is even more relevant since the European Union Court of Justice has recently ruled that EU members should order businesses to keep records of the exact hours worked by their full-time employees, in order to fully comply with the requirements of the Working Time Regulations.
Many companies, even in today’s high-tech world, still use weekly paper timesheets to record employee working hours. These have more downsides than they have advantages, despite often being considered the cheapest time and attendance option
For example, they are very easy for an unscrupulous employee to fake. If there is no way of monitoring their attendance apart from their own self-reporting, then they can easily put in overtime or prime time shifts that they didn’t actually do.
Even an honest employee could forget exact details and fudge an entry. Inaccurate working hours could put you at risk of breaching the European Working Time Regulations.
Another example is the incredible amount of processing time that timesheets can cost payroll staff. They need to transfer often illegible handwriting individually onto Excel spreadsheets in order to convert it into data they can deal with for payroll. One typo could completely change an employee’s payslip for that month.
For accurate, trustworthy time recording, contact us today or book a demo. We’ll be happy to show you what our system can do.