site-logo
site-logo

What does 'Overtime Calculation' mean?

Overtime is defined as time performed in excess of a worker's regular contracted hours. For example, if an employee is scheduled to work 8 hours per day and instead works 9, they have worked 1 hour of overtime. Overtime calculation is the calculation of the additional hours performed by employees. Overtime compensation is determined by the amount of money a company is willing to pay its employees. It's a simple computation if they utilise one of the examples provided above. You must first calculate each employee's hourly rate, then multiply that by the overtime rate, and finally multiply that sum by the entire hour of overtime worked.

Software with Overtime Calculation functionality

ProductFree TrialStarting PriceSpot ScoreRatingActions
Clockify - Time Tracking Software
Clockify

$3.99, Billed Yearly

9.84.3Visit Website
Paycor - HR Software
Paycor
-9.63.9Visit Website
Harvest - Time Tracking Software
Harvest

$10.80, Billed Yearly

9.64.5Visit Website
Time Doctor - Time Tracking Software
Time Doctor

$7,

9.64.1Visit Website
ClickTime - Time Tracking Software
ClickTime

$9, Billed Yearly

9.54.4Visit Website
ClockShark - Time Tracking Software
ClockShark

$3,

9.54.7Visit Website
OnTheClock - Time Tracking Software
OnTheClock

$2.95,

9.44.4Visit Website
Buddy Punch - Time Tracking Software
Buddy Punch

$2.99, Billed Yearly

9.44.8Visit Website
When I Work - Time Tracking Software
When I Work

$2,

9.44.5Visit Website
actiTIME - Time Tracking Software
actiTIME

$6, Billed Yearly

9.44.5Visit Website
Hubstaff - Time Tracking Software
Hubstaff

$5.83, Billed Yearly

9.44.2Visit Website
Hourly - Time Tracking Software
Hourly

$6,

9.34.9Visit Website
timr - Time Tracking Software
timr
-9.34.3Visit Website
TimeSolv
TimeSolv
-9.34.5Visit Website
RescueTime - Time Tracking Software
RescueTime
-9.34.1Visit Website