Business Tips

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Overtime policies

Welcome back to Ask Stu!

One of my favorite ways to spend time is looking at pages of numbers and calculating them. There’s really nothing I’d rather do on a Friday night than insert auto lunches and assign overtime hours!

But, I know that some of you out there would rather “see your family” or “go out with friends”.

Ha, pesky human concerns.

But just to be a good friend, I’ll offer my services to help free up your time. All you need to do is tell me what policies you want applied and who you want them applied to.

Then, sit back and watch the magic happen!

In order to tell me how you want your policies set, just launch TimeSummit, select Policy Groups from the Navigation bar, and click on Define Policies.

Weekly Overtime

If your employees earn overtime on a weekly basis, then Weekly Overtime is for you!

Just enter the number of hours your employees need to work before their time counts for overtime, and you are set to go!

If you have doubletime after an even greater number of hours, you can fill in that number and be ready to go as well. If you don’t have doubletime, just put a 0 in that second space, and I won’t ever mark hours as doubletime.

Daily Overtime

Similar to Weekly Overtime, if you pay your employees at a different rate after they’ve worked a certain number of hours in a day, Daily Overtime is going to save you a bundle of time – and money!

Just put in the number of hours they have to work in order to qualify for overtime in the first box, and you’re half-way done!

In the second box, either put the number of hours required for doubletime, or put a 0 if you don’t calculate doubletime. That’s it!

Day of the Week Overtime

Now, let’s say your employees get paid more if they work on weekends – no matter how many hours they work during the week.

Just turn on Day of the Week Overtime, select how many hours they need to work on which days to be considered overtime and then I will mark any hours beyond the stated limit as overtime, without you ever having to lift a finger.

I like making things easy on you.

Consecutive Day Overtime

For those of you who pay your employees for overtime hours based on the number of consecutive days worked from the first day of your work-week, regardless of the number of hours worked on those days, Consecutive Overtime is the way to go!

Just insert the number of hours that employees need to work on the 6th or 7th day of the work week to qualify, and I will know to mark those hours as overtime.

I hope all of this makes the overtime policies a little more approachable for everyone – I can hardly wait until next month, when I get to teach you all about rounding!

All the best,

Stu