To avoid problems with your employees or the government, your company payroll spreadsheet should not only be accurate, but it should also comply with all federal and state laws. For example, your ...
Using Microsoft Excel, you can track your employee's wages using a formula. The most important formulas involve total hours worked, regular time hours worked, overtime hours worked and overtime pay.
If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...
Excel makes quick work of tracking time. With the right formatting, formula and dependent time values, you can return the hours worked for a given day, week, month and so on. If all you’re doing is ...
Under both federal and state law, overtime compensation owed to a nonexempt employee must be based on the employee’s “regular rate of pay.” That regular rate includes not only the employee’s standard ...
Seyfarth Synopsis: California employers must use the formula prescribed by the Division of Labor Standards Enforcement Manual to calculate overtime on flat sum bonuses, not the bonus overtime formula ...
If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...