Companies that invested in electronic timesheets keeping track the hours worked by their hourly employees soon may wish they'd stuck with old-fashioned paper.Employers who routinely round a few minutes on time records to reflect a standard eight-hour workday may run afoul of state wage and hour laws.Rounding is the commonly accepted practice of shaving off a few minutes before or after an employee's shift to reflect a regular workday. For instance, employers routinely call it 8 o'clock if an employee punched in at 7:57 or 8:01, and 5 o'clock if an employee ended his or her shift within a few …