Does Being Overly Productive Absolve an Employee from Time Theft?

The negative effects of employee time theft on a company are well documented. Time theft not only drains profits but it can also lower employee morale, stifle accountability and damage loyalty. Despite these facts, employees who are overly productive at work may feel that they are entitled to occasionally sneak a couple of extra minutes here and there on breaks or during working hours because they more than make up for it through high productivity. Their philosophy about time theft is rooted in the misconception that performance above and beyond standard job responsibilities and exceeding established expectations is somehow entitlement to steal time.

Not only is this a fallacy and a ridiculous justification of time theft, but what these employees may not realize is the ripple effect that this type of rationalization can have on other staff through the power of influence. Overly productive employees tend to be role models within a working environment by setting a good example and proving that with dedication, focus, and determination, goals can be met and exceeded. As role models, they are closely watched by other employees who want to be successful and move up the ladder, mimicking their habits and copying their actions with the hope that it will help them to become more productive too. However, if a model employee sets an example that occasional time theft is earned by being overly productive, they send the wrong message to others that may be following in their tracks exacerbating the problem and multiplying the negative effects it can have on a company.

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Biometric Authentication to Stop Money Laundering in Pakistan

Recently The State Bank of Pakistan has mandated all of its banks to start verifying all of their account holders using biometric technology. The goal of this exercise is to stop money laundering in Pakistan. In the past; opening a bank account only requires the account holder’s details in printed/written form along with their id cards. However, after this current announcement, to open a bank account in Pakistan, one has to provide biometric data using an e-registration system. This procedure is also applicable for those who have registered before without biometric verification process. Many private banks throughout the globe have already deployed biometric identification solution to reduce fraud at their banks. Biometric technology help banks to know their customers better and revolutionize their KYC process. After implementing the biometric solution from M2SYS for customer identification in the microcredit loan process, this helped Grupo Monge (Costa Rican Capital Corpor...

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