Introducing AMGtime’s newest module, GPS Workforce Tracking

AMGtime just released their newest module – GPS Workforce Tracking. The GPS Workforce Tracking module allows for tracking employees’ location during work hours, by using their AMGtime mobile app on Android or iOS. This process starts from the time an employee clocks in and stops when they clock out. All transactions are sent directly to the database, where it can be viewed on an easy-to-read Google map by supervisors and managers.

With the GPS Workforce Tracking module, supervisors see accurate data of employee movement when looking at the map. The app will report the correct route and movement of the employee during a designated time interval. This helps managment ensure employees are exactly where they need to be, when they need to be. Regardless if you are looking to track traveling employees, such as drivers, on their designated routes, or make sure employees are staying within a specific area during working hours, this add-on will be the perfect solution.

AMGtime provides easy to use and flexible time and attendance products and services, including software available on both the cloud and PC, top of the line biometric hardware, mobile applications, specialized industry solutions, and much more. AMGtime’s solutions are customizable and adaptable for basic to complex configurations, simple to implement, and inexpensive, providing organizations with the highest level of efficiency and ROI.

Learn more about AMGtime’s mobile solutions and the new GPS Workforce Tracking module on their website: https://amgtime.com/mobile-solution

 



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Change of Date for LA City Vendor Fair

UPDATE: AMGtime recently published a press release announcing their attendance at the Los Angeles City Vendor Fair, however the date of the event has since been changed. Due to scheduling issues, the Los Angeles Vendor Fair has been moved to May 16, 2017 from 9:00 AM to 3:30 PM at City Hall South Plaza and Triforium (111 East First Street, Los Angeles, CA 90012). Hope to see everyone there!

 

Read more about the event here: http://www.prweb.com/releases/2017/03/prweb14198818.htm

 

Stay tuned for more information:

Twitter: https://twitter.com/AMGtime

Facebook: https://www.facebook.com/AMGtime/



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Affordable Care Act Update

UPDATE: On March 24th, the American Health Care Act was pulled by Republicans. House Committee Chairman Rodney Frelinghuysen announced that the health care bill is unacceptable and that some changes “raised serious coverage and cost issues.” Many Republicans were on the fence about the legislation of AHCA since they like policies in the ACA better. This means that the Affordable Care Act is here to stay for now unless a stronger and better legislation comes along in the future. With the same policies and rules, compliance with the ACA should be met by employers and employees.

The Affordable Care Act, also known as Obamacare provides millions of people with health coverage and it holds insurance companies accountable. However, the ACA has been on the rocks since the change of administration, with plans to replace the ACA.

In regards to the recent proposals to appeal the ACA, many Americans are concerned with the future of their healthcare coverage. Obamacare has provided options for low-income families and employees, that would typically not be able to access healthcare coverage. Although ACA can be beneficial, it is also a disadvantage for people who are required to pay for it but do not utilize it. Obamacare penalizes people who do not pay for insurance which means they are required to have health insurance, but if this legislation is repealed then individuals can choose to acquire a health plan or not.

Employers will appreciate some aspects of the new legislation, American Health Care Act (AHCA), such as the elimination of penalties for employers not offering insurance to full-time employees. The AHCA maintains certain ACA coverage, but with varying criteria needed to be met. Some of these include eliminating exclusions for pre-existing conditions, covering adult dependent children 26 and under, limiting out-of-pocket expenses, and more.

As of right now, the new administration and Republicans in the House and Senate are cooperating to modify or repeal the ACA, but everything is still up in the air. In the meantime, the Affordable Care Act still applies to everyone. At AMGtime, we know how important it is to track and be complying of the ACA, therefore we have created the ACA Compliance module that calculates hours needed to meet the requirements for compliant health insurance. This module keeps companies on track so they will not be charged for not offering health coverage or not meeting the minimum value.

Learn more about our ACA Compliance module: https://amgtime.com/aca-compliance

 

Source: http://www.lexology.com/library/detail.aspx?g=76d89dd2-4f37-4c1d-8e87-9d22ba5f1cce



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Why You Should Care About Turnover Cost

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Turnover costs of employees depend on the complexity of the job. The more complex the job is the higher the turnover cost for the company. It is important to understand what contributes to turnover costs and how to reduce them.

Less Productive Staff

High turnover costs come with a less productive staff. The staff is down one person due to the position being empty. This means that the work that they were doing is either not being done or having to be dispersed among other employees. More than likely, the most important tasks will get done but the smaller or little tasks will fall through. Employees taking on the responsibilities from the vacant position could become stressed. As a result of this stress, the quality of their work will go down.

Replacement Expenses

Replacing an employee that left the company is costly. For example, posting job advertisements in the right places to attract the right kind of employee can be expensive. Interview processes themselves are lengthy when companies take the time to ask the right questions in order to compare and contrast each candidate. Usually the interviewers are leaders of the company which means they will be taking time out of their workday to conduct the interviews. So, altogether company’s valuable staff members are spending more time trying to fill the position vs. implementing other value added activities.

Training Costs

You have picked that perfect employee and they accepted the position. The turnover costs still continue to accumulate at this stage. New hires are not going to be as productive as that seasoned employee that left. It will take a lot of time for them to get a handle on everything. Experts, such as Josh Bersin, state that it can sometimes take a new hire two entire years to equal the productivity of an existing employee.

On-boarding an employee can be one of the most expensive costs when replacing a former worker. Teaching the new hire about the company structure, processes, equipment, expectations, and maybe even complicated software takes a large amount of time. In addition, employees who currently work for the company are the ones that are usually conducting the training sessions. This cuts down on their work day to complete their daily tasks and can lead to less productivity.

5 Tips to Reducing Turnover Costs

  1. Ensure that the candidate taking the available position is a good fit for the company’s culture during the interview stage. It is vital that you pick the right candidate from the start.
  2. Encourage and praise new hires for their good work. This will increase their confidence in their new position.
  3. Keep the environment positive. Most employees will stick around if they feel the environment is fun and happy.
  4. New hires want to know about career paths. Communicate how they could grow with the company and have check-ins to discuss their strengths and their weaknesses.
  5. Offering the correct benefits and compensation is also a way to reduce turnover rates. Maybe include flexible hours or additional ways to earn bonuses.

 

References

http://www.huffingtonpost.com/julie-kantor/high-turnover-costs-way-more-than-you-think_b_9197238.html

http://www.inc.com/suzanne-lucas/why-employee-turnover-is-so-costly.html

http://guides.wsj.com/management/recruiting-hiring-and-firing/how-to-reduce-employee-turnover/

http://www.forbes.com/sites/edwardlawler/2015/07/21/rethinking-employee-turnover/#e7acff21496b



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3 Reasons to Upgrade Your Time and Attendance System

 

How does your company track time and attendance? When was the last time your time and attendance system was updated? New technology has made paper time sheets and manually entering in employee’s hours into the computer outdated. Updating this process comes with many advantages, but I will discuss 3 today.

 

  1. Reducing Labor Costs

With an old system, companies need to pay an employee to manually input all of the time that was recorded either on time sheets or time cards. This adds to labor costs in various ways: a)  a company has to pay for employees to specifically do this task; b) human error can never be 100% averted in such cases; c) company is not taking advantage of automated federal labor laws that can reduce costs such as rounding for example. By moving to the most up-to-date time and attendance system these factors are fully eliminated. Innovative time and attendance systems all have integration with payroll systems saving time for the company’s payroll department and increasing their productivity and efficiency. Click here to use the Cost Savings Calculator and see how much your company can save on labor costs by upgrading to the latest time and attendance system.  

  1. A Fair Cultureface reader

It important to have a reliable time and attendance system in place to ensure employees are being paid what they deserve. We always recommend to use biometric time and attendance hardware such as fingerprinting, face recognition, and or hand punches. Having biometric technology avoids buddy punching which may be a result of peer pressure at work. Not only does each employee get paid exactly what they worked for but there will be a fairer culture throughout the company avoiding any peer pressure.

  1. Abiding Labor Laws

Using the correct hardware and software can help keep a business in line with labor laws. For example, overtime law change. The Federal Labor Standards Act is updating the threshold to be considered exempt from overtime to $47,476 from $23,600 on December 1, 2016. Having the correct time and attendance technology in place can aid employers pinpoint which employees will be affected by this new regulation. Labor laws are always changing and having the correct technology will help business owners adapt quicker to the new environment.



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FLSA Overtime Law Change Will Increase Labor Costs

Overview

 

On May 18, 2016, the Department of Labor amended the Fair Labor Standards Act regarding worker’s overtime pay. Starting December 1, 2016 the threshold to be considered exempt from overtime pay will increase from $23,600 ($455 per week) to $47,476 ($913 per week). The threshold change will affect about 4 million workers across the country as their status converts from exempt to non-exempt. In addition, the threshold will continue to update to the 40th percentile of salaried workers every three years after the initial change. It is important for employers to understand the steps to take and solutions available in order to strategically prepare for the change coming in December of this year.

 

Steps to Prepare

 

There are a few simple steps that employers can take in order to make the change quick, easy and stress free.

  1. Pinpoint salaried employees making less than the new threshold of $47,476
  2. Calculate the average number of hours each of these workers work in a week
  3. Note the employees working more than an average of 40 hours a week; these will be the employees affected
  4. Using each affected employee’s salary and average hours worked, calculate their hourly rate

 

Formula for Hourly Rates (Salary / 52 weeks) / Hours Worked per Week
Example Employee A works on average 47 hours a week and earns a salary of $35,000. Employee A’s hourly rate is ($35,000/52)/47 = $14.32

 

  1. Based upon hourly rate received above, calculate the new compensation for Employee A

 

Formula for Annual Income under New Regulation ((Hourly Rate x 40 Hours) + (Overtime Rate x Overtime Hours per Week)) x 52 weeks
Example New compensation for Employee A is (($14.32 x 40) + ($21.48 x 7)) x 52 = $37604.32

 

Starting December 1st, 2016, Employee A will be a nonexempt employee and will be making $37,604.32. This is $2,604.32 more than the employee is currently making. There are solutions an employer can take to avoid this increase. It is important to analyze each option strategically, as well as find the most accurate time tracking assistance in order to reduce labor costs.

Solutions

 

Solution 1

 

Increase salaries above the threshold of $47,476. Great solution if all your impacted employees are close to the threshold, and might earn more than $47,476 with overtime.

 

Solution 2

 

Convert employees with salaries under the new threshold to hourly wages and do not allow them to work overtime.

If as an employer, you can monitor and control overtime, this is a good option.

Solution 3 Do not change employees’ salaries under the new threshold and pay the overtime rate.

If employers are comfortable with the additional labor costs, employees will receive the added compensation.

How AMGtime Can Help

Track and monitor hours of salaried employeesRun reports and find patterns on how salaried employees workControl overtime with an easy dashboard

  • Track and monitor hours of salaried employers
  • Run reports and find patterns on how salaried employees work
  • Control overtime with an easy dashboard
  • Click here to contact AMGtime to find the perfect solution for you!

 

Reference

Division, W. a. (2016). Final Rule: Overtime. Retrieved from https://www.dol.gov/whd/overtime/final2016/



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AMGtime Invites All to Stall Number 66212 at the Sourcing at Magic Show

Today it’s time for the Sourcing at Magic Show, a unique event that connects the world’s leading and emerging fashion brands with different product/service providers that can help them stand apart from the competition. The Las Vegas Convention Center will be the cynosure of the fashion industry throughout the duration of the show between February 15th and 18th. The attendees at this ultimate fashion industry trade show will showcase the best of their next season’s collections. Sourcing at Magic Show can also be a great place for the businesses to find out manufacturers, materials, technology products, talent, and logistics solutions that may help them reach the next level.

The Sourcing at Magic Show 2016 is expected to be a huge event with participants from no less than forty countries. Considering the magnitude of the event, it is important for all attendees to have a plan of action. The complete list of exhibitors and daily schedule are available at the website of Sourcing at Magic. Make your own plan for all the days and always be prepared for any sourcing or business opportunities that may arrive suddenly.

This year, AMG Employee Management Inc. has partnered with Sourcing at Magic to be a part of this show. We take pride in informing you that our time attendance software, products, and services have helped numerous fashion houses manage their workforce with extraordinary efficiency. Operating for the last twenty years, we are also the market’s most affordable time management solution provider.

During the Sourcing at Magic Show, one of our highlights is the just launched Version 2.0 of our ARKO PieceWork System. ARKO PieceWork System can be implemented at the production level, and can seamlessly integrate with the AMGtime Systems. As a result, the users receive complete and unrestricted visibility of employee productivity and attendance.

Those of you visiting the Sourcing at Magic Show 2016 are most cordially invited to take a moment to visit us at Booth Number 66212. All types of AMGtime Systems will be on display here throughout the show. Our company representatives will be at your service, in case you are looking for ways to manage your employee attendance.

Hope you enjoyed going through this short article and see you at the Las Vegas Convention Center during the show.



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Why Nursing Homes Need to Hurry and Implement a Time and Attendance System with PBJ Export Feature?

According to the Affordable Care Act (ACA) under Section 6106, it is necessary for all nursing homes to submit the staffing, agency, and contract staff information through an electronic filing system. This requirement has led Centers for Medicare & Medicaid Services (CMS) to develop a new system called the Payroll-Based Journal (PBJ) to assist the facilities in filing the necessary reports.

As of July 1, 2016 nursing homes will be required to use PBJ and file staff and census reports regularly.

How Will CMS Use the Data?

CMS will use the data collected through the system to evaluate employee tenure, turnover, and the number of staff in each nursing home of the country.

PBJ will enable CMS to collect census and staffing information on a regular and routine basis. In addition to this, all collected data will be auditable to increase accuracy. CMS will gather and release the information to the public, giving them the opportunity to choose a nursing home best suited for their needs.

How Can Nursing Homes Register with CMS?

Submission of necessary reports through PBJ will be accessed through the Quality Improvement & Evaluation System (QIES). Registration for the PBJ system through QIES began in August 2015. If you would like to learn more information about how to register, please visit CMSnet by clicking here. Even though some nursing homes may find the entire process time consuming, they can decrease the time it takes to submit the required information to CMS by opting for a time and attendance system, featuring the PBJ export feature.

 Where Can Nursing Homes Get a Time and Attendance System?

AMGtime’s time and attendance system features a PBJ export feature to permit nursing homes to submit data to CMS conveniently. Nursing facilities can contact us if they require more information on our system and its features.

You can request to schedule a free demo by clicking here.

You can request a quote by clicking here.

Or you can simply call us at 1 800 960 3735.



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AMGtime Embarks on 2015 Tradeshow Tour

AMG Employee Management
AMG Employee Management CEO Tony Galstyan

Are you ready to join us on our journey touring throughout the country? We have officially released our Tradeshow Tour for 2015; featuring appearances in 11 cities across the United States and Canada. During the tour, we are excited to showcase our multi-faceted software, which is not limited or confined by location. In addition, our software is the most innovative in the business, highlighted by functional features, which are also fully customizable. These software systems and all their capabilities will be on full display throughout our journey!

The 2015 Tradeshow Tour affords us the opportunity to meet with both, potential and loyal clients; as well as exhibiting our commitment to product versatility. Tony Galstyan, our CEO, states, “This Tradeshow Tour will take our team on a whirlwind tour across the country, but we do this to enhance client connections on a personal, face-to-face level.”

Having experienced great success at the first 2015 Tradeshow Tour location in Chicago, we are now preparing for our next stop in Las Vegas, Nevada. Other nationwide locations include New Orleans, Boston, Nashville, and Phoenix. The tour will span over several months having begun on April 12th and coming to a close in Palm Springs, California on November 17.

AMG Employee Management, Inc. is a rapidly evolving brand, set to expand our prominence throughout the country during the 2015 Tradeshow Tour. Don’t forget to follow us on our social media channels during this exciting adventure! For complete AMG 2015 Tradeshow Tour schedule, please see below:

April 12-16 HIMSS – Chicago, IL
May 5-9 American Payroll Association Congress – Las Vegas, NV
June 1-2 California Accounting & Business Show and Conference – Los Angeles, CA
June 3-5 Canadian Payroll Association Annual Conference – Quebec City, Quebec
June 21-24 National Charter Schools Conference – New Orleans, LA
June 28-July 1 SHRM Annual Conference & Expo – Las Vegas, NV
August 5-7 IPPA Conference – Chicago, IL
August 16-19 Magic Sourcing – Las Vegas, NV
September 10-12 NAPEO – Phoenix, AZ
September 15-19 IHRIM Strategies Conference & Expo – Atlanta, GA
October 27-29 Staffing World ASA Conv. & Expo – Nashville, TN
November 1-4 Leading Age – Boston, MA
November 16-17 CAHF – Palm Springs, CA



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Help Your Company Save Big: The Advantages of Using Biometric Time Clocks

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The more employees there are, the more complex the time tracking and the harder it is for anyone to notice a problem if an error occurs. Modern electronic time clocks help to resolve this issue. They are simple to set up, easy to use and have many advantages, some of which are listed below.


1. Track Precise Hours
Without a time clock, either the employee or the employer must keep independent attendance records to be turned in at the end of the pay period. Even assuming that there is no serious danger of fraud, the estimate could easily be wrong. As an advantage to the employee, a time clock also provides the exact record of overtime work.

2. Eliminate Buddy Punching
Thanks to its features, a biometric time clock is able to identify an employee to the system using their fingerprint, face or hand outline and thus eliminate “buddy punching”. No more friends punching in and out for each other!

3. Prevent Human Errors
Manually calculating your employees’ work hours takes time and care. Quick: How long has an employee worked if he started at 7:53 a.m. and quit at 5:17 p.m.? Punch clock and timesheet systems’ hidden costs—errors, calculation time and supplies—add up fast as a cost to the company.

A recent study found that math errors cost companies between 1% and 8% of their gross payroll, and that it takes about 7 minutes to calculate one employee’s work hours on a single time card. [SOURCE]

4. Enforce Company Policy
Time clocks can be programmed with the schedule of each employee and can call a manager if an employee attempts to clock in late or if an employee has not taken a lunch after having worked 6 hours. This helps managers discipline tardy employees and encourage hard workers to take breaks.


In short, time clocks are a great asset in the work environment, especially when bundled with an effective time and attendance software. Find the AMG hardware and software that works best for you. Click here to view our selection of solutions.



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