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Tag: time tracking

How to Implement Online Time Tracking Software at Your Company, the Right Way

Recent studies say that 38% of US employees still use paper timesheets. When using this method, timesheets are often submitted late, time padding and buddy punching errors increase, and miscalculations rise. The IRS reports that nearly ⅓ of employers spend $850 yearly on payroll mistakes. Therefore, in order to save costs associated with payroll, many employers are advised to use cloud-based/online time tracking software. 

If you’re using paper timesheets or punch cards, it’s not difficult to make the switch to online time tracking! We’ll show you how easy it is to find a solution for your needs and how to successfully introduce this to your team.

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Do Vacation and Sick Time Count Towards Overtime?

Most non-exempt employees in the US earn overtime pay (at 1.5x their regular rate of pay) after 40 hours in a workweek. So, it’s easy to think that if that employee works 46 hours, 6 of those hours would count towards overtime pay. But what happens when some of those hours are vacation or sick hours? Will that affect the employee’s overtime calculations? Yes.

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Time Tracking Tips That Keep You Compliant and Protected

Time tracking is incredibly important when you have employees, contractors, or even if you simply want to track your own productivity. No matter how many people you employ, having a solid time tracking system ensures that your workers are paid properly and accurately. It also gives you insight into your productivity on projects and your progress towards accomplishing company goals. Tracking time accurately also means you can bill clients properly, which avoids embarrassing and costly mistakes. Improving transparency and accuracy is key to staying compliant with labor laws while protecting you against pesky fees from the Department of Labor.

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Should You Adjust Your Paid Time Off (PTO) Policy During COVID-19?

Writing note showingPaid Time Off. Business photo showcasing Receiving payments for not moments where you are not working Two Megaphone with Sound icon on Color Outlined Rectangular Shape

If your employees are back to work, you’ve probably established new policies to comply with social distancing guidelines. You’ve most likely worked out new policies regarding how to handle documents, time tracking, customer service, and more. You have gotten this far, but have you considered taking a look at your current time off policy?

Most people can’t travel like they used to, which means that many employees aren’t using their PTO as they normally would. What are you going to do with those hours? Allow them to rollover their hours to the next year? Are you going to implement a use-it-or-lose-it policy? There’s a lot to consider now that the coronavirus has changed the way people work. What are you planning on doing with your PTO policy?

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6 Best Time Tracking Systems for Payroll & Billing

Paper spiral wall calendar and clocks. Calendar and alarm clocks. Schedule, appointment, organizer, timesheet, time management, important date. Vector illustration in flat style

Time tracking is a vital aspect of any organization. Proper time tracking can give managers insight as to what projects occur, who’s on the clock, and how many hours an employee works through a payroll or billing cycle. Ultimately, time tracking is the lifeline of any functioning organization, and you want to make sure that you get it right. Take a look at the list below of our 6 top-rated time tracking systems so you can start improving your productivity, proficiency, and profits:

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