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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.
Kronos Incorporated corporate headquarters in Lowell, MA. Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. [4] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. [5]
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The time clock division of Simplex was sold to Kronos shortly afterward. On September 6, 2016, Johnson Controls and Tyco completed a merger. [2] In May 2017, Johnson Controls announced that the brand identity of SimplexGrinnell will be transitioned to Johnson Controls.
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Ultimate Kronos Company, a human resources management company used by several big name brands, corporations and municipalities, was the victim of a ransomware attack on Dec.11. See: The IRS Has...
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