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NAICS Code 449210-59 Description (8-Digit)

Time Recorders (Retail) is a subdivision of the Electronics and Appliance Retailers industry that specializes in the sale of time recording equipment to businesses and individuals. This industry involves the retail of a variety of time recording devices, including time clocks, time stamps, and time and attendance software. Time Recorders (Retail) businesses may also offer installation, repair, and maintenance services for the equipment they sell.

Hierarchy Navigation for NAICS Code 449210-59

Tools

Tools commonly used in the Time Recorders (Retail) industry for day-to-day tasks and operations.

  • Time clocks
  • Time stamps
  • Time and attendance software
  • Biometric time clocks
  • Punch clocks
  • Time card racks
  • Time card holders
  • Time card calculators
  • Time card software
  • Time card ribbons

Industry Examples of Time Recorders (Retail)

Common products and services typical of NAICS Code 449210-59, illustrating the main business activities and contributions to the market.

  • Time clocks for small businesses
  • Time and attendance software for large corporations
  • Biometric time clocks for secure time tracking
  • Punch clocks for manual time recording
  • Time card racks for organizing time cards
  • Time card holders for protecting time cards
  • Time card calculators for automated time tracking
  • Time card software for digital time recording
  • Time card ribbons for printing time cards

Certifications, Compliance and Licenses for NAICS Code 449210-59 - Time Recorders (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for employees who work with hazardous materials or in hazardous environments. It ensures that employees are trained in safety procedures and can identify and respond to potential hazards. The certification is provided by the US Department of Labor.
  • National Institute for Certification In Engineering Technologies (NICET) Certification: This certification is required for technicians who work with electronic equipment and systems. It ensures that technicians have the necessary knowledge and skills to install, maintain, and repair electronic equipment. The certification is provided by the National Society of Professional Engineers.
  • National Retail Federation (NRF) Certification: This certification is required for retail employees who work with customers. It ensures that employees have the necessary knowledge and skills to provide excellent customer service and handle customer complaints. The certification is provided by the National Retail Federation.
  • National Association Of Professional Background Screeners (NAPBS) Certification: This certification is required for employees who perform background checks on job applicants. It ensures that employees have the necessary knowledge and skills to conduct accurate and thorough background checks. The certification is provided by the National Association of Professional Background Screeners.
  • National Institute for Automotive Service Excellence (ASE) Certification: This certification is required for technicians who work with automotive equipment and systems. It ensures that technicians have the necessary knowledge and skills to diagnose and repair automotive problems. The certification is provided by the National Institute for Automotive Service Excellence.

History

A concise historical narrative of NAICS Code 449210-59 covering global milestones and recent developments within the United States.

  • The "Time Recorders (Retail)" industry has a long history dating back to the late 1800s when the first mechanical time clock was invented by Willard Bundy. The industry saw significant growth in the early 1900s with the introduction of electric time clocks and the establishment of companies such as IBM and National Time Recorder. In the mid-1900s, the industry experienced a decline due to the introduction of electronic time clocks and the increasing use of computers for timekeeping. However, the industry has remained relevant with the introduction of biometric time clocks and cloud-based time and attendance systems. In recent history, the "Time Recorders (Retail)" industry in the United States has seen steady growth due to the increasing demand for accurate and efficient timekeeping systems. The industry has also benefited from the adoption of cloud-based time and attendance systems, which allow for remote access and real-time data tracking. Additionally, the industry has seen an increase in demand for biometric time clocks, which use fingerprint or facial recognition technology for employee identification. Overall, the industry has adapted to changing technologies and continues to provide essential timekeeping solutions for businesses of all sizes.

Future Outlook for Time Recorders (Retail)

The anticipated future trajectory of the NAICS 449210-59 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The retail industry of Time Recorders in the USA is expected to experience a decline in the coming years. The industry is facing stiff competition from the increasing use of digital timekeeping systems, which are more efficient and cost-effective. The COVID-19 pandemic has also affected the industry, with many businesses opting for remote work, which has reduced the demand for time recorders. However, the industry can still thrive by offering innovative products that cater to the changing needs of the market. For instance, time recorders that integrate with other systems such as payroll and accounting software can be a game-changer for the industry. Additionally, the industry can leverage emerging technologies such as artificial intelligence and the internet of things to develop more advanced timekeeping systems that offer more value to customers.

Industry Innovations for NAICS Code 449210-59

Recent groundbreaking advancements and milestones in the Time Recorders (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Facial Recognition Time Clocks: These time recorders use facial recognition technology to identify employees and record their attendance. They are more secure and efficient than traditional time clocks and eliminate the need for employees to touch the clock, which is especially important during the COVID-19 pandemic.
  • Mobile Timekeeping Apps: These apps allow employees to clock in and out using their smartphones, making it easier for businesses with remote workers to track their time. They also offer features such as GPS tracking and job costing, which can help businesses manage their workforce more effectively.
  • Biometric Time Clocks: These time recorders use biometric technology such as fingerprints or handprints to identify employees and record their attendance. They are more secure and accurate than traditional time clocks and eliminate the need for employees to carry ID cards or remember PINs.
  • Cloud-Based Timekeeping Systems: These systems store employee time data in the cloud, making it accessible from anywhere with an internet connection. They offer features such as real-time reporting and automatic overtime calculations, which can save businesses time and money.
  • Timekeeping Kiosks: These kiosks are self-service time clocks that allow employees to clock in and out using a touchscreen interface. They are ideal for businesses with a large workforce and can be customized to suit the needs of different industries.

NAICS Code 449210-59 - Time Recorders (Retail)

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