Time Clock Calculator Online with Lunch Breaks Time Duration Calculator. Clock in, Clock Out. Press TAB to move to the next filed. To choose between AM and PM, use the arrow up/down buttons, or the letters A & P.
As a business manager you oversee employees. Regardless of the service offered or product produced, employees are the lifeblood of any organization. This means employees can make or break you. Labor management of small or large business is in many ways the same; employees must be accurately compensated for time worked. What can differ is how your business tracks time. You currently have some sort of system in place; whether it be time cards, sheets, badges, or ID and passwords. Unfortunately, all of the aforementioned systems have flaws, i.e their inefficiencies cost the business money. That is a fact. By using MinuteHound's time clock calculator, you will know how much money you could be saving.
The time clock calculator simply asks for the number of employees, their hourly rate, and the total payroll amount. The time clock calculator uses a default 26 pay periods per year, as this represents standard bi-weekly payroll. If you utilize a different system, please feel free to enter its terms for an accurate comparison. The time clock calculator will indicate where you are losing money, and describe why. Human error and time theft plague all businesses. Businesses both large and small make mistakes, and have dishonest employees. You are not alone! Payroll processing is also costly. Not only in wasted money, but also in terms of lost time.
How does this time clock calculator work?
This is a great tool for all employers or employees who need to keep track of their hours either regular time or overtime worked and estimate the salary budget and the next paycheck.
The time clock calculator was designed to be an easy, quick and free alternative solution to the time clock specialized software that most probably requires you to invest some money for purchasing such software.
So, it takes account of the following data that should be provided:
- Hourly pay rate.
- Overtime pay rate.
- Overtime rule meaning one of the options listed: overtime is considered after 8 working hours each day OR overtime is considered only after 40 working hours each week OR no overtime considered.
- For each working day should be provided a start hour and an end hour.
- For each working day you might provide the lunch & breaks number of hours and/or minutes.
You just have to input the data required for each day and by case press “+1 Day” button to add new day to the timesheet, then the calculator will do the math. To the default number or 7 days users can add to the timesheet table as many days as they need.
By making the difference between the end and start hours, then by subtracting the number of hours and/or minutes for lunch & breaks from the working hours number, the Time Clock Calculator returns the timesheet with the regular hours worked and overtime hours worked for each working day as well as a total with the pay check presented by total regular pay and total overtime pay.
Please note that you can save the timesheet report by pressing “SAVE/PRINT PDF” button positioned right after the results area, bottom left.
Example calculation
Let’s take for instance a case where the hourly pay rate is set at 5.45 currency, while the overtime pat rate is set at 7.00 and the limit is after 8 hours per day. The following table shows the information that has been entered in the input forms of the calculator.
Day | Starting time | Ending time | Lunch/ Breaks |
1 | 8:00 am | 5:05 pm | 30 min |
2 | 8:30 am | 6:45 pm | 32 min |
3 | 8:05 am | 6:25 pm | 35 min |
4 | 8:10 am | 6:30 pm | 30 min |
5 | 8:15 am | 6:50 pm | 28 min |
6 | - | - | - |
7 | - | - | - |
The results are:
Day | Normal | Overtime | Total |
1 | 8:00 | 0:35 | 8:35 |
2 | 8:00 | 1:43 | 9:43 |
3 | 8:00 | 1:45 | 9:45 |
4 | 8:00 | 1:50 | 9:50 |
5 | 8:00 | 2:07 | 10:07 |
6 | 0:00 | 0:00 | 0:00 |
7 | 0:00 | 0:00 | 0:00 |
Totals | |||
Regular | Overtime | Total | |
40:00:00 | 8:00 | 48:00:00 | |
$218.00 | $56.00 | $274.00 |