Insert Calculations into the Overtime Authorization Form

Aug 6th, 2022
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How to Insert Calculations into the Overtime Authorization Form

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hello and welcome back to tips and time-savers Im Danny rocks todays lesson is in response to a viewer who wrote asking for my help in calculating standard hours work overtime hours work and then how to calculate the payment for standard and overtime rates well the viewer is not alone in expressing frustration when doing time calculations in Excel getting the format correct is the key so over here Ive created a simple little time chart Ive used the labels for the day of the week and over here I have a cell entry for when the employee clocked in to begin work for the day when they clocked out in order to go to lunch when they returned from lunch this is the cell reference and when they ended their workday thats the cell reference so calculating the number of hours worth in the days a fairly standard a calculation equals and then inside left and right parentheses we want to have the result of the hour when they clocked out for lunch - or subtracting the hour when they began work fo

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The Right Way to Ask for Overtime Pay Get overtime pay approved in advance. Make it clear why youre asking for overtime pay. Offer overtime alternatives. Find ways to whittle the amount of overtime pay needed. Suggest cheaper overtime alternatives. Look for ways to avoid a repeat.
Here are some steps to follow to ask for more hours at work: Prove your performance. Prove yourself as a good worker. Monitor your schedule. Consider why you want to ask for more hours at work. Evaluate your performance. Consider solutions. Ask for time. Make your request. Thank your manager. Ask for feedback.
ing to the FLSA, the formula for calculating overtime pay is the nonexempt employees regular rate of pay x 1.5 x overtime hours worked. This calculation may differ in states that have requirements, such as double time, which are more favorable to the employee.
Under the FLSA, overtime pay is determined by multiplying the employees straight time rate of pay by all overtime hours worked PLUS one-half of the employees hourly regular rate of pay times all overtime hours worked. All overtime work that is ordered or approved must be compensated.
What to Include in an Overtime Request Basic employee information (name, position, employee ID number, contact information, etc.) Manager name and contact information. Number of overtime hours requested. Time(s) and date(s) of requested overtime hours. Calculated total cost of overtime hours.
Present the daily schedule of the employees and the amount of time that they are expected to be in the workplace. Showcase the time off or breaks that the employees have acquired per day. Present the record of the overtime specifications of each employee. Calculate the total of the actual working hours of the employees
Common reasons to work overtime include labor shortages, unexpected demand, employee training and extended seasonal hours. Some companies use overtime pay often one and a half times an employees normal salary as an incentive to employees who work overtime or during national holidays and exceptionally busy periods.
Bi-weekly Pay Periods An employee may work only 80 hours in a pay period but still be due overtime. For example, if the employee works 45 hours in one week but only 35 the next week (total 80 in the pay period), they would still be entitled to 5 hours of overtime for the 5 hours worked over 40 hours in the first week.

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