re: Is timeliness no longer valued at all?

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A lower level employee at my company is religiously 15-20min at least 2-3 days a week. Im not her boss as she is not in my department, but her boss is my equal.
Her boss says she is a great employee otherwise so he doesnt want to get rid of her which I kind of understand, but when you are on salary and cant show up on time, something has to happen.

Her excuse is generally that traffic is bad where she comes from. Well to me its pretty simple… fricking leave 20 minutes earlier than you usually do.
Not my problem though, i find it funny.

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So it seems then that in your job your first goal is to ensure your employers are on time and somewhere down the list is them being effective in their duties where the other manager's first goal in their job is to produce whatever it is y'all are getting paid to produce and this person is doing that even when an hour late a week. Unless you are talking about a production line or a follow on shift where something is going undone while she is late and can't be made up why would anyone care what time she showed up? If I am paying someone to make widgets and expect 100 widgets a shift and they can make 100 widgets in 7 hours and 40 minutes instead of the 8 everyone is taking I am good with that....my goal is widgets, not having people show up on time.

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Her boss says she is a great employee otherwise so he doesnt want to get rid of her which I kind of understand, but when you are on salary and cant show up on time, something has to happen.

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Why would being salaried affect timeliness in the slightest? If you're salaried then you're paid for your production, not your time.