COMMON INDUSTRY TERMS & ACRONYMS
Time and Attendance System- systems (TNA) used to track and monitor when employees start and stop work. A time and attendance system enables an employer to monitor late arrivals, early departures, breaks and absenteeism. It also helps to control labor costs by reducing over-payments, which are often caused by paying employees for time that are not working, and eliminates transcription error, interpretation error and intentional error. TNA systems also ensure compliance with labor regulations regarding proof of attendance. All of these benefits provide both employer and employees with confidence in the accuracy of their wage payments all while improving productivity.