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buddy punching


The Payroll Fraud Schemes Every Business Should Know

August 27, 2019 | posted by Abacus Payroll
According to the Association of Certified Fraud Examiners, nearly 30 percent of businesses are victims of payroll malfeasance, with small businesses twice as likely to be affected than large businesses. Even the smallest of infractions will add up to large costs over a period of time. As a small business owner or payroll administrator, be […]
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Combating Buddy-Punching in the Workplace

March 26, 2019 | posted by Abacus Payroll
Payroll fraud takes on a myriad of different forms, one of the more prominent of which is buddy-punching. Far from workplace brawls between friends, buddy-punching involves employees punching in for other employees who have yet to arrive on the premises. Regardless of the rationale, buddy-punching is responsible for hundreds of millions of lost revenue per […]
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