bioTRAiTS

Biotechnology ResearchUnited States2-10 Employees

Labor is among the largest expenses an employer incurs, but is often not well controlled. With bioTRAiTS, your businesses can have the ability to monitor and control its labor costs. By increasing the business unit’s productivity, and profits, the employer is protected from cash flow short falls and liability in an increasingly litigious workforce.

Many organizations have found that time and attendance systems that automate the payroll process are the most cost effective and achieve the quickest turn around.

Reducing risk and protecting assets are critical for all businesses. The Department of Labor recovered more than $196 million in back wages in 2004 due to FLSA violations. Keeping track of mandated record keeping requirements and complex calculations are critical to reduce fines and lawsuits. By automating the timekeeping process, businesses further protect themselves through accurate standards and compliance.

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