What is TPI and PE?

What is TPI and PE?

ClockIt time and attendance software only monitors two metrics. These two metrics is what defines the attendance and process performance of the company and its measured in percentage. These two metrics are

Time Performance Index – TPI

Process Error – PE

Time Performance Index – TPI

The TPI is the true measure of how long the employee has logged into the company. Every company has policies of start time, end time, breaks, weekends and holidays. Lest say your company has a start time of  say 9:00AM and end time of 6:00PM with a 1 hour lunch break. This would mean that your work duration must be 6 hours. If you clock in a full 6 hours you would get a 100% TPI, If you clock in for 3 hours you would get 50% and for 9 hours you would get 150%. The TPI is calculated individually for every employee and as a company as a whole.

Process Error – PE

Process error is the variation of punches from the set timing policy of the company. Lest say your company has a start time of  say 9:00AM and end time of 6:00PM. If you clock in at 9:00AM you have a 0% error and if you clock in at 1:00AM you have contributed 50% to the process error. The PE is calculated individually for every employee and as a company as a whole.

The idea is to have the

TPI as close to 100% as possible. Higher TPI is better and means that employees are contributing more to the organisation.

PE as low as possible. Achieving this would simply mean that every comes in and leaves together.

To know more on how ClockIt captures work duration click here.

Basil Abbas
basil@tecsolsoftware.com

Basil is the Founder and CTO at ClockIt. With over 8 years of experience in the products space, there is no challenge that is too big in front of him be it sales, marketing, coding, etc. A people person and loves working in a startup for perfection.