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A time clock, sometimes known as a clock card machine, punch clock, or time recorder, is a device that records start and end times for hourly employees (or those on flexi-time) at a place of business. In mechanical time clocks, this was accomplished by inserting a heavy paper card, called a time card
1898: About 9,000 Bundy Time Recorders have been produced, advertised as solving "vexatious questions of recording employee time". [18] 1898: A New Time Register, manufactured by the Chicago Time Register Company. [19] 1899: Bundy Manufacturing Company acquires the Standard Time Stamp Company, manufacturers of a timestamp and a card recorder.
The amalgamated companies had 1,300 employees and manufactured a wide range of products, including employee time-keeping systems, weighing scales, automatic meat slicers, and punched card equipment. [5] [6] CTR was renamed the International Business Machines Corporation (IBM) in 1924. [7]
The time clock station tracks employee hours with a swipe card or pin. This type of punch clock is prone to buddy punching, where employees clock in for other employees. Meanwhile, workers can ...
Traditionally manual systems were used that rely on paper cards which have times stamped onto them using a time stamping machine.Such machines were used for over a century but have since been phased out and replaced with cheaper automated systems which eliminate the need for payroll staff to manually input employee hours.
In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
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