Effectively manage overtime hours and extra work with TimeCamp’s overtime management system. Ensure accurate tracking, simplify project overtime calculations, and maintain compliance with your company’s policies using our overtime management software.
Use TimeCamp’s overtime management software to track and record employee overtime accurately.
Our system ensures that all additional work hours are documented, making overtime and extra hours management hassle-free and precise for both employees and managers.
TimeCamp’s overtime management system allows you to monitor and analyze overtime data.
Gain insights into project management overtime, identify areas of overuse, and implement strategies to improve workload distribution. Ensure employee well-being while maintaining project efficiency.
Export TimeCamp’s overtime data to your payroll tools to streamline the payment process for extra hours. Move data effortlessly and ensure that all overtime is compensated accurately and on time.
TimeCamp’s overtime management software provides detailed reports to help you understand how overtime is being used across your team.
Use these insights to improve resource allocation, manage workloads effectively, and reduce unnecessary overtime costs.
Sign up for TimeCamp or log in using your Google account.
Define your company’s overtime policies within the system.
Start recording and monitoring extra hours effortlessly.
Use the reports to review overtime usage and adjust workloads as needed.
Transparent overtime hours standards should be an integral part of a time and attendance policy. TimeCamp assists your organization in the proper execution of overtime rules, providing you with real-time data about regular overtime hours, which is essential for accurate overtime pay calculations.
Time and attendance tracking for in-office and remote teams.
Register your free TimeCamp account now.
The term refers to any hours that overtake the standard working schedule (typically 8 hours per day, 5 times a week) or above the default workday length stated in company rules and included in a job contract.
According to FLSA, any extra hours over 40 standard work hours in a workweek is considered overtime.
Overtime hours worked are divided into three types:
Standard overtime: An employee stays after regular working hours and receives one and a half times their usual rate.
Voluntary overtime: An employee works beyond their usual schedule even though they are not obligated to do so, and the employer is not obligated to pay them for working overtime hours.
Comp time: An employee receives extra time off for working excessive hours. Also known as time off in lieu.
Remember that there are different overtime rules for different teams or groups of employees. Non-exempt employees are allowed overtime compensation among all employees (usually earn an hourly wage). Most salaried employees are still not eligible for overtime hours worked.
By overtime costs, we understand the additional expenses employers must pay for employees working beyond their standard work hours.
To calculate overtime hours pay for hourly employees, multiply their regular rate by one and a half, then multiply the result by the total number of hours worked per week.
To calculate overtime hours compensation for non-exempt salaried employees, take their regular pay rate (weekly salary divided by the total number of hours worked) and multiply it by one and a half, and then by the number of overtime hours worked that particular week.
The main purpose of tracking overtime is to ensure employees receive fair compensation for their work efforts. Implementing an overtime tracker into your company's workflow ensures this process is based on real-time data and, thus, handled smoothly.
Besides, carefully generated, detailed reports on team activity, as well as accurately filled out time entries and submitted timesheets, can tell a lot more about employees' time and attendance. This can foster more informed workload distribution and project budgets but also reveal counterproductive activities that may damage the company's successful run.
Many operational struggles may stem from inaccurate overtime tracking.
Miscalculated overtime pay: A lack of clear overtime rules and a billable time tracking tool to execute them results in inaccurate payroll records. Once clarified, unintentional errors leave no severe stains on an employer's reputation, but legal action may be taken if the pay discrepancies happen regularly.
Drained productivity: Uncontrollable working excessive hours to meet the deadline at all costs leads to employee burnout. Stressed and dissatisfied employees are at even greater risk of failure in meeting scheduled milestones, especially if they collapse from overworking and exhaustion.
Legal issues: Employers are legally obliged to track excessive hours, so tracking and managing overtime is crucial for ensuring full compliance with federal and common labor laws. Failures in this field may lead to compliance fines and penalties that usually cost much more than the actual overtime compensation.
Establish clear time tracking policies and implement them with a time clock tool to deal with these challenges.
Employee time is the company's most precious resource. Overtime tracker app helps utilize it wisely,
Setting overtime limits: Detailed reports based on tracked hours worked help analyze employee overtime and notice counterproductive and unhealthy behavior, like excessive overworking. Setting weekly limits, e.g., no more than two hours of weekly overtime, should solve the problem, saving companies extra costs and fostering efficient time management.
Improved trust and satisfaction: Accurate regular hours and overtime tracking, as well as applying correct overtime wages, ensure error-free payroll records. Satisfactory payments increase trust and make employees feel fairly compensated for overtime work.
Understanding the need to hire: Regular analysis of overtime costs helps assess the entire team's capacity and decide what would pay off better for the project budgets: allowing employees to clock out after the standard work hours or hiring new employees.
TimeCamp lets you easily monitor regular and overtime hours, ensuring your business is in compliance with federal and state laws and your employees fairly calculated payments.
With a variety of time clocks, TimeCamp allows you to track overtime hours for employees regardless of their position, employment type, or work model.
TimeCamp records working hours spent on projects and tasks. They appear as separate time entries in timesheets and come as the total number of hours registered for a particular day.
In time tracking settings, you can determine how many hours should be considered a default workday length (usually eight hours per day). Overtime is calculated automatically based on this value, so the difference between the default workday length and total time tracked for the project (or active computer usage, depending on which data output has been chosen to display in attendance reports) will appear in the system as overtime.
If your employees exceed their working schedule on a regular basis, or your organization has a no-overtime policy, you can adjust these three TimeCamp settings to prevent the entire team from logging extra work hours.
Automatically stop tracking time after the browser has been closed: This refers to time tracked on projects and tasks. Usually, users are supposed to manually stop the timer after they finish their work. Still, sometimes, they only close the browser and forget about running the timer, which leads to editing timesheets the next day. This setting will automatically stop the web app timer if the browser is closed for a certain time.
Track time in specific hours: This setting refers to computer time tracked by the desktop app. You can define timeframes or a workday when the desktop app should track computer time and activities. The application will not register any data before or after the defined hours.
Stop tracking time when the daily hours limit is reached: This overtime tracker setting is based on time tracked with a desktop app. Instead of setting rigid working timeframes, you can define the total number of hours users can track daily. For example, if you set the limit of eight hours on Monday and the user starts work at 8 AM, the desktop app will stop tracking computer time and activities after 4 PM.
Read more: TimeCamp Overtime tracking
Our attendance and overtime management system allows you to generate powerful reports—complete overviews of time entries logged for projects and tasks. Reporting features include custom reports, GPS tracking reports, and attendance reports.
Besides, you can export reports to the most popular file formats and download them or issue them to your clients through a handy link.
Of course. TimeCamp time and attendance software offers direct time tracking integrations with Xero and Quickbooks. You can transfer all the data with just one click to reduce the errors caused by manual data entry and automate payroll processing.
Check TimeCamp Xero time tracking and TimeCamp Quickbooks time tracking.
If your organization's time and attendance policy is ensuring employees the right to work overtime, you can approve timesheets containing extra working hours. However, keep the weekly limits in mind when going through the approval process.
Read more: TimeCamp Timesheet Approvals
TimeCamp collects time entries with a web timer and timesheets, a desktop time tracking app, mobile apps, a Time Clock Kiosk, and browser extensions. Employees can use all these time clocks to clock in and out, track time for projects and tasks, and mark their daily presence.
All these time tracking methods are part of a free version of TimeCamp, which is available for unlimited users and with unlimited projects.
Clock in and track overtime hours from every device.
