Work Schedule Settings
Ensure accurate timesheet data with Jibble's all-in-one time and attendance software. Simply configure work schedule settings and set different types of overtime with multiplier rates for easy payroll processing.
Manage work schedules
Work Schedules are the backbone of payroll hours in a timesheet software. Once you’ve set up your schedules and holiday calendars, timesheets are powerfully equipped with calculations of breaks, deductions, and overtime to prepare for payroll. Take note that your timesheets will be recalculated based on any new change made to your work schedule. Find […]
Setting up overtime rates
Managing overtime rates is crucial for businesses that have employees working beyond their regular hours. For instance, employees falling under the Fair Labor Standards Act (FLSA) are mandated to receive “time-and-a-half” (1.5X) overtime compensation for any hours worked beyond 40 in a workweek. Similarly, various countries have their own specific multiplier values or scale factors […]
How does overtime work?
Overtime refers to the extra hours that employees work beyond their standard or regular working hours. It typically involves additional compensation, often at a higher rate than the regular hourly wage, to compensate employees for their extended work time. Overtime is a critical aspect of managing working hours, ensuring fairness, and complying with labor laws. […]