Time tracking for hourly wages refers to the process of recording employees' working hours who are paid on an hourly basis. This includes capturing the start and end times of work, breaks, and any overtime hours to accurately document each employee's work hours. The recorded hours serve as the basis for payroll processing and calculating compensation based on the agreed hourly wage.
Typical Features of Software in the Area of "Time Tracking for Hourly Wages":
Time Capture: Recording of work hours including start time, end time, breaks, and overtime.
Automated Calculation: Automatic calculation of hours worked based on recorded times and hourly wage rates.
Shift Planning: Planning and assignment of work schedules and shifts for employees.
Leave and Absence Management: Management of vacation requests, sick leaves, and other absences affecting work hours.
Integration with Payroll: Seamless integration with payroll software to transfer recorded work hours for payroll processing.
Compliance: Compliance with legal regulations and requirements for time tracking and compensation.
Reporting: Generation of reports on work hours, overtime, and other work-related information.