employee = float(raw_input('Employee code number or 0 for guest:') or 0.0)
if employee == isalpha:
    print "Nice try buddy"
    print "Welcome BIG_OLD_BUDDY" 
This code does not recognize alphabetical input.
employee = float(raw_input('Employee code number or 0 for guest:') or 0.0)
if employee == isalpha:
    print "Nice try buddy"
    print "Welcome BIG_OLD_BUDDY" 
This code does not recognize alphabetical input.
There are 2 ways.
- You can catch the the exceptions and pass.
 
try:
    employee = float(raw_input('Employee code number or 0 for guest: ') or 0.0)
except KnownException:
    #  You can handle Known exception here.
    pass
except Exception, e:
    # notify user
    print str(e)
- Check for the type of input and then do what you want to do.
 
employee = raw_input('Employee code number or 0 for guest:')
if(employee.isalpha()):
    print "Nice try buddy"
    print "Welcome BIG_OLD_BUDDY"
else:
    print "Your employee no is:" + str(employee)
Do not use try and catch until and unless there are chances of unknown exceptions. To handle things with if and else are recommended.
Read more about : why not to use exceptions as regular flow of control
Use a try
try:
    employee = float(raw_input('Employee code number or 0 for guest: ') or 0.0)
except ValueError:
    print "Nice try buddy"
    print "Welcome BIG_OLD_BUDDY"
You can use try/except as the other answer suggested, and if you want to use str.isalpha() you have to call it on the string, not compare it with the string. For example:
employee = raw_input('Employee code number or 0 for guest:')
if employee.isalpha():
    print "Nice try buddy"
    print "Welcome BIG_OLD_BUDDY" 
else:
    employee = float(employee)
If you want it to only accept positive integers you can check usingisdigit() which is basically the opposite of isalpha().Try:
    employee = raw_input('Employee code number or 0 for guest:')
    if employee.isdigit()==False:
      print "Nice try buddy"
      print "Welcome BIG_OLD_BUDDY"
    elif int(employee)==0:
      print "You are a guest"
    else:
      print "Your employee no is:" ,employee
I also added a bit of code using elif to check if you're a guest