With this simple process in place, you can save time and money every pay period. Then stick to it to make payroll and time tracking as quick and easy as possible for you and your team. Make sure the payroll system works smoothly with your timekeeping method. Time clock converter manual#You can use the simple and straightforward manual system or you can use a high-tech digital system. Remember that there isn’t a single best system for converting time into payroll. Add up the daily amounts to get the weekly or biweekly pay amount. In cell C1, enter the formula “=B1*” to calculate the daily pay. Copy and paste the formula down the B column to convert all times you’ve entered. In cell B1, enter the formula “=(A1-INT(A1))*24” to convert the time from cell A1 into decimal form. Use “xx” for the number of hours and “yy” for the number of minutes. Enter the time worked into cell A1 using “xx:yy” format. With a spreadsheet, you can enter the hours and minutes to save time. If you’d rather let a computer do the math, use a spreadsheet program like Microsoft Excel. Multiply the time in decimals by the overtime pay rate, and add up the weekly or biweekly amount. Add up each day’s total to get a weekly or biweekly pay amount.ĭon’t forget to factor in overtime. Multiply the time in decimals by the hourly pay rate. Once you’ve converted minutes into decimals, you can calculate the employee’s pay. Along the same lines, 45 minutes equals three quarter-hours, or 0.75 hours. For example, 15 minutes equals one quarter-hour, or 0.25 hours. If you’re working with quarter hours, you may be able to refer to a standard chart instead. You’ll usually get a whole number followed by one or two decimal points. Depending on your company policy, take either the total number of minutes or the rounded number. If you have a remainder between eight and 15, round up. Round down to the lower multiplier of 15 if you have a remainder between one and seven. If you get a remainder, you need to round up or down. If you get a whole number, you don’t need to round. Then divide that number by 15, which is the number of minutes in a quarter hour. If your company pays by the quarter hour, you need to round up or down before moving forward.Īdd up the total number of minutes an employee works on the first workday of the week. Yet few companies pay for every second on the time clock. Instead, they’ll arrive a minute or two before their shift and leave around the time it ends. In most cases, your employees won’t clock in on the hour or leave at a precise time every day. Keep a separate tally for overtime, since the pay rate will be different. If your employees work overtime, make a note of those hours, too. Add up the total number of minutes your employees are on the clock each day. However, your employees may not get paid lunch breaks. Most employees get paid 15-minute breaks. Factor in Break Timesįirst, you need to know how much time your employees have put in each day. Once you have all the necessary time clock data in hand, you’ll be ready to convert the time for payroll. Time clock converter download#No matter what system you use, log in to download the records for each employee or collect the timecards each crew member has punched for the pay period. Do they use a manual time clock or a mobile or web-based system? Perhaps you use a fingerprint reader or an ID scanner to track time. The best way to do this depends on how your crew keeps time. Start by collecting timesheets, timecards, or time clock data from each hourly employee. Collect Time Clock Dataīefore turning time into money, you need to collect information from your crew. Time clock converter how to#But how can you quickly turn those records into payroll data? Stop wasting hours every pay period and find out how to convert time for payroll. You already ask your crew members to track their time. Or use the Facebook Comments form at the bottom of the page.Small crews and big companies alike need a solid payroll strategy. We would be grateful for any feedback on our quizzes, please let us know using our Contact Us link, We also collect the results from the quizzes which we use to help us to develop our resources and give us insight into future resources to create.įor more information on the information we collect, please take a look at our Privacy Policy We do not collect any personal data from our quizzes, except in the 'First Name' and 'Group/Class' fields which are both optional and only used for teachers to identify students within their educational setting. Time clock converter pdf#You can print a copy of your results from this page, either as a pdf or as a paper copy.įor incorrect responses, we have added some helpful learning points to explain which answer was correct and why. This will take you to a new webpage where your results will be shown. Our quizzes have been created using Google Forms.Īt the end of the quiz, you will get the chance to see your results by clicking 'See Score'.
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