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Ain joined Kronos in 1979 and has played a role in nearly every functional department at the organization. In October 2005, he was named chief executive officer and a member of the Kronos Board of Directors. [2] In 2007, Ain led the effort to take the company private, [4] [5] after going public in 1992. [6]
In 1979, Kronos delivered the world's first microprocessor-based time clock and, in 1985, delivered its first PC-based time and attendance product. In 1992, Kronos became a publicly-traded company on NASDAQ. Aron Ain, [7] succeeded his brother Mark Ain as chief executive officer in 2005. [8]
Former Kronos CEO Aron Ain was the CEO and chairperson of the combined company until July 1, 2022, when he stepped down as CEO to become Executive Chairperson. [4] On February 20, 2020, Ultimate Software and Kronos Incorporated announced they agreed to form a new cloud computing venture specializing in workforce management and human capital ...
Time and attendance systems (T&A) are used to track and monitor when employees start and stop work. A time and attendance system enables an employer to monitor their employees working hours and late arrivals, early departures, time taken on breaks and absenteeism. [ 1 ]
Biometric time clocks are a feature of more advanced time and attendance systems. Rather than using a key, code or chip to identify the user, they rely on a unique attribute of the user, such as a hand print, finger print, finger vein, palm vein, facial recognition, iris or retina. The user will have their attribute scanned into the system.
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In August 2006, Kronos announced it had acquired Unicru. [ 5 ] According to The Wall Street Journal , cheating on the tests, using answer keys available online, became more common during the late-2000s recession , though Kronos denies that cheating is common or significantly affects the test's validity.
Kronos is an operating system with time-sharing capabilities, written by Control Data Corporation in 1971. [1] Kronos ran on the 60-bit CDC 6000 series mainframe computers and their successors. CDC replaced Kronos with the NOS operating system in the late 1970s, which were succeeded by the NOS/VE operating system in the mid-1980s. [2] [3]
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