Some of the big players in the employee time and attendance industry lock customers into contracts that indefinitely forces the rental of employee time clocks. Why? Because they’re so big, they can get away with it.

There’s an expression in the IT community: “Nobody gets fired for buying Intel.” (I’ve also heard “IBM” from old-schoolers.) The mentality that only the biggest employee time and attendance providers are appropriate for enterprise-level businesses is inherently flawed. Not only can HR Compliance Team’s software and systems scale to provide complete time and attendance for an entire country (though I don’t know why a country would need to), but HR Compliance Team’s employee time and attendance software and systems would actually be much more cost effective for businesses of any size.

How Much Can You Save by Buying Your Employee Time Clock?

HR Compliance Team regularly replaces the biggest players in the industry because our clients came to the realization that they were receiving inadequate support and wasting money on leased employee time and attendance systems. HR Compliance Team has replaced systems for our valued customers who were paying anywhere from $50 for a basic time clock to $500 / month for a HandPunch. Within five months, the HandPunch we sold them had paid for itself.

We’ve made approximations regarding how much you can save per year based on the cost of the average time clock we replace:

Cost Per Month Number of Clocks Savings Per Year
$50 1 $600
$50 2 $1,200
$50 5 $3,000
$50 10 $6,000
$50 20 $12,000
$100 1 $1,200
$100 2 $2,400
$100 5 $6,000
$100 10 $12,000
$100 20 $24,000
$200 1 $2,400
$200 2 $4,800
$200 5 $12,000
$200 10 $24,000
$200 20 $48,000
$300 1 $3,600
$300 2 $7,200
$300 5 $18,000
$300 10 $36,000
$300 20 $72,000
$400 1 $4,800
$400 2 $9,600
$400 5 $24,000
$400 10 $48,000
$400 20 $96,000
$500 1 $6,000
$500 2 $12,000
$500 5 $30,000
$500 10 $60,000
$500 20 $120,000

It’s probably pretty obvious that renting a time clock just doesn’t make fiduciary sense. If you’re looking for savings (and who isn’t?), it may be time to upgrade to HR Compliance Team.

You may think, “But what if my time clock breaks? Won’t it take a lot of time to get a new one if I buy outright?” Don’t worry – we have you covered. HR Compliance Team keeps many employee time clocks on-hand to provide loaners for our customers. We can overnight a new time clock to you so you barely miss a beat.

At HR Compliance Team, our valued clients receive better support and more attention than you’d get from a large provider. Upgrade to HR Compliance Team and start saving today.