REVOLUTIONIZING TIME AND ATTENDANCE: THE CUTTING-EDGE APPROACH USING BLOCKCHAIN TO COMBAT WAGE THEFT AND ENHANCE PAYROLL INTEGRITY

Karthikeyan Manikam 1
1 Senior Solution Architect, Amazon, United States.

Article Id - JCET_06_02_001, Pages : 1-13, Date of Publication : 18, November 2023

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Abstract

This paper examines the application of blockchain technology to mitigate wage theft, an unethical practice where employers underpay employees by manipulating time cards. The illegality of such alterations, per Fair Labor Standards Act (FLSA) guidelines, and the potential for such acts across various employment sectors, underscores the need for an incorruptible system. Blockchain, with its immutable and transparent nature, offers a robust solution to the pervasive issue of wage theft. Through this technology, Time and Attendance Automation (TAA) systems can be revolutionized to ensure accurate and tamper-proof record-keeping. The study delves into the intricacies of implementing blockchain in TAA systems, highlighting the mechanisms such as smart contracts and distributed ledgers which enhance error reduction and fraud prevention. Despite its merits, the paper also critically analyzes the challenges and potential downsides to the adoption of blockchain in TAA systems, considering factors such as complexity, cost, scalability, and regulatory compliance.

Keywords

Blockchain, Wage Theft, Time And Attendance Automation, Smart Contracts, Distributed Ledger, Fraud Prevention, FLSA.

Share and Cite:

Karthikeyan Manikam, Revolutionizing Time and Attendance: The Cutting-Edge Approach Using Blockchain to Combat Wage Theft and Enhance Payroll Integrity, Journal of Computer Engineering and Technology (JCET) 6(2), 2023, pp. 1-13

References

[1] Cooper, David, and Teresa Kroeger. “Employers Steal Billions from Workers’ Paychecks Each Year: Survey Data Show Millions of Workers Are Paid Less than the Minimum Wage, at Significant Cost to Taxpayers and State Economies.” Economic Policy Institute, 10 May 2017, www.epi.org/publication/employers-steal-billions-from- workers-paychecks-each-year/.

[2] Czerwonka, Eric. “Can an Employer Alter an Employee’s Timesheet.” Buddypunch.com, 30 Oct. 2023, buddypunch.com/blog/ever-wanted-change- employees-time-sheet/. Accessed 5 Nov. 2023.

[3] Specialist, I. P. “How Blockchain Technology Works.” Medium, 15 Oct. 2019, medium.com/@ipspecialist/how-blockchain-technology-works-e6109c033034.

[4] “Time Card Management: Is It Illegal to Change an Employee’s Time Card?” Www.chronotek.com, www.chronotek.com/blog/time-card-mismanagement-is-it-illegal- to-change-an-employees-time-card. Accessed 5 Nov. 2023.
 


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     Journal of Computer Engineering & Technology (JCET) is open access and peer-reviewed Journal promoting the dissemination of original research and technological implementation experiences in the areas of Computer Engineering. JCET is aimed at the general public interested in research, development and applications in the previous mentioned areas, providing a common place to encourage interaction among these community members.
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JCET Journal Stats

Publication years 2013-2023
Publication count 11
Total Volumes 4
Total Issues 6
Downloads 2270
Views 4592
Downloads/article 206.36

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