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Time Clock
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, into a slot on the time clock. When the time card hit a contact at the rear of the slot, the machine would print day and time information (a timestamp) on the card. One or more time cards could serve as a timesheet or provide the data to fill one. This allowed a timekeeper to have an official record of the hours an employee worked to calculate the pay owed an employee. The terms bundy clock, or just bundy''Bundy.'' (n.d.). ''Collins English Dictionary'' – Complete & Unabridged 10th Edition. Retrieved April 10, 2014, from Dictionary.com website: http://dictionary.reference.com/browse/bundy have been used in Australian English for time clocks. The term comes from brothers Willa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computing-Tabulating-Recording Company
The Computing-Tabulating-Recording Company (CTR) was a holding company of manufacturers of record-keeping and measuring systems; it was subsequently known as IBM. In 1911, the financier and noted trust organizer Charles R. Flint, called the "Father of Trusts", amalgamated (via stock acquisition) four companies: Bundy Manufacturing Company, International Time Recording Company, the Tabulating Machine Company, and the Computing Scale Company of America; creating a fifth company – the Computing-Tabulating-Recording Company. CTR was initially located in Endicott, New York. 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. CTR was renamed the International Business Machines Corporation (IBM) in 1924. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RFID
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder called a tag, a radio receiver, and a transmitter. When triggered by an electromagnetic interrogation pulse from a nearby RFID reader device, the tag transmits digital data, usually an identifying inventory number, back to the reader. This number can be used to track inventory goods. Passive tags are powered by energy from the RFID reader's interrogating radio waves. Active tags are powered by a battery and thus can be read at a greater range from the RFID reader, up to hundreds of meters. Unlike a barcode, the tag does not need to be within the line of sight of the reader, so it may be embedded in the tracked object. RFID is one method of automatic identification and data capture (AIDC). RFID tags are used in many industries. For example, an RFID tag attached to an automobile during product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barcode
A barcode or bar code is a method of representing data in a visual, Machine-readable data, machine-readable form. Initially, barcodes represented data by varying the widths, spacings and sizes of parallel lines. These barcodes, now commonly referred to as linear or one-dimensional (1D), can be scanned by special optical scanners, called barcode readers, of which there are several types. Later, two-dimensional (2D) variants were developed, using rectangles, dots, hexagons and other patterns, called ''2D barcodes'' or ''matrix codes'', although they do not use bars as such. Both can be read using purpose-built 2D optical scanners, which exist in a few different forms. Matrix codes can also be read by a digital camera connected to a microcomputer running software that takes a photographic image of the barcode and analyzes the image to deconstruct and decode the code. A mobile device with a built-in camera, such as a smartphone, can function as the latter type of barcode reader usin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnetic Stripe Card
The term digital card can refer to a physical item, such as a memory card on a camera, or, increasingly since 2017, to the digital content hosted as a virtual card or cloud card, as a digital virtual representation of a physical card. They share a common purpose: identity management, credit card, debit card or driver's license. A non-physical digital card, unlike a #Magnetic stripe card, magnetic stripe card, can Emulator, emulate (imitate) any kind of card. A smartphone or smartwatch can store content from the card issuer; discount offers and news updates can be transmitted wirelessly, via Internet. These virtual cards are used in very high volumes by the mass transit sector, replacing paper-based tickets and the earlier magnetic strip cards. History Magnetic recording on steel tape and wire was invented by Valdemar Poulsen in Denmark around 1900 for recording audio. In the 1950s, magnetic recording of digital computer data on plastic tape coated with iron oxide was invente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time And Attendance
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. 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. T&A systems can also be used to ensure compliance with labor regulations regarding proof of attendance. Manual systems 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. Automated systems Modern automated time and attendance systems ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kronos Incorporated
Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide. In February 2020, the company announced a merger with Ultimate Software. The merger was officially completed on April 1, 2020, with then-CEO of Kronos Aron Ain leading the newly formed Ultimate Kronos Group as its first CEO. History Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. 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 succeeded his brother Mark Ain as chief exec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buy-out
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or High-net-worth individual, individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simplex Time Recorder Company
SimplexGrinnell, a subsidiary of Johnson Controls, is an American company specializing in active fire protection systems, communication systems and testing, inspection and maintenance services. The company headquarters is in Boca Raton, Florida; corporate sales and marketing offices are in Westminster, Massachusetts, and the company has about 160 district offices throughout North America. It is currently the largest fire protection company in the world. Grinnell Fire Protection was purchased by Tyco in 1976. Tyco bought Simplex Time Recorder Company on January 5, 2001, for US$1.15 billion and merged it with Grinnell Fire Protection, forming SimplexGrinnell. The time clock division of Simplex was sold to Kronos shortly afterward. On September 6, 2016, Johnson Controls and Tyco completed a merger. In May 2017, Johnson Controls announced that the brand identity of SimplexGrinnell will be transitioned to Johnson Controls. SimplexGrinnell's fire sprinkler services will become Grinnel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gillette, Halbert Powers
Halbert Powers Gillette (1869–1958) was an American engineer and prolific author of textbooks and handbooks for the engineering and construction fields. Biography Born on August 5, 1869, in Waverly, Iowa, to Theodore Weld and Laetitia S. (Powers),"GILLETTE, Halbert Powers, Editor, engineer" in: ''WHO WAS WHO IN AMERICA'', Vol. III 1951–1960 Gillette attended the Hammond Hall Academy in Salt Lake City, from which he graduated in 1886. Six years later in 1892, he received his engineering degree at the School of Mines at Columbia University, where he was classmate of Edward B. Durham. After some years working in the industry, Gillette served as assistant New York State Engineer under Campbell W. Adams from 1896 to 1898. The next three years he worked as a contractor, and from 1903 to 1905 he was associate editor of the ''Engineering News''. In 1905, he founded Scranton Gillette Communications, Inc., where he became president. From 1906 to 1907, he served as chief engin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IBM Time Clock
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S. patents generated by a business. IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR), a holding company of manufacturers of record-keeping and measuring systems. It was renamed "International Business Machines" in 1924 and soon became the leading manufacturer of punch-card tabulating systems. During the 1960s and 1970s, the IBM mainframe, exemplified by the System/360 and its successors, was the world's dominant computing platform, with the company p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
