Overtime Management is one of the most critical areas of employee Management as it directly affects production and revenue margins. Payroll often includes overtime as a significant component. Growing pressure for more efficient use of a company's workforce points to the need to bring overtime scheduling into step with goals for greater efficiency.
Management is always faced with a complex problem of balancing conflicts that overtime must satisfy. On one site is production demand. On the other side are employee requests and preferences, seniority rights, job rights, legally stated rest periods and sometimes previous overtime experiences where the over time was volunteered, worked, refused.
Automated overtime feature of Time Manager Online offers a new and effective solution to the Management. Precise calculation of overtime and wages helps managers and payroll staff monitor save time for tedious calculations.
Overtime Management Highlights
Define overtime pay rates
Define overtime maximum and minimum hours
Restrict overtime based on requirement
Reports unauthorized overtime
Generate precise overtime reports
Flexibility to define overtime slabs 15 min, one and half hour etc