Time clock calculator
Use this calculator to quickly determine your employees’ weekly hours for smooth and efficient payroll processing.
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What is a time clock?
A time clock documents the start and end times for hourly employees as well as the amount of time spent on break. Business owners can then use this record of hours to calculate payroll.
Helpful tips
Keep your time clock record – along with all your other records and documents – in one place so that you’re prepared for tax time. Here are a few other helpful tips:
- Employee contracts aren’t a legal requirement, but they protect your employees and your business. Contracts can outline everything from job descriptions and expected hours of work to the date of employment and salary details. A lawyer can help you draft a contract if you have any questions as to what should be included.
- Whether you hire full-time employees, contractors or freelancers makes a big difference when it comes to payroll. Make sure you’re compensating them properly and according to the tax guidelines where your business operates.
- Wave’s payroll software comes with worry-free features such as automatic tax remittances, direct deposits into your employees’ bank accounts and automatic payroll journal entries.
- Check out our other free payroll tools that can help you manage your business.
How to use the Time Clock Calculator
To calculate your employees weekly hours, follow these simple instructions and you'll have a tally of the hours you'll need to pay out for smooth and efficient payroll processing.
- Enter your employee's start time for the shift they work.
- Enter your employee's end time for the shift they work.
- Enter the total amount of break time your employee takes for their shift.
- Repeat the first three steps for each day of the week that you employee works.
- Review the resulting chart to see the total working hours of your employee that you'll need to pay out for that work week.
How to Track Hours like a Pro
A critical part of running your business's payroll is keeping accurate records of your employees' hours. This ensures that you're able to compensate your employees for the right amount of time they've worked each week, and helps keep your bookkeeping in order for when tax season arrives. If you employ salaried employees, then your job is a bit easier. So, here are some important ways to accurately track your hourly employees' shifts so that running your payroll is fast and efficient:
- Create time-sheets for each one of your employees.
- Record each of your employees' shifts in their associated time-sheets for each work week, including the start and end time of each shift.
- Record the allotted amount of break time that each employee receives for each of their shifts throughout the week.
- Note any sick days or vacation time that your employees have taken throughout the week.
- Calculate the total amount of hours worked for each of your employees throughout the week using a free tool like our Time Clock Calculator, or by signing up for Wave's Payroll feature which provides more advance and accurate time-sheet tracking.
A critical part of running your business's payroll is keeping accurate records of your employees' hours. This ensures that you're able to compensate your employees for the right amount of time they've worked each week, and helps keep your bookkeeping in order for when tax season arrives. If you employ salaried employees, then your job is a bit easier. So, here are some important ways to accurately track your hourly employees' shifts so that running your payroll is fast and efficient:
- Create time-sheets for each one of your employees.
- Record each of your employees' shifts in their associated time-sheets for each work week, including the start and end time of each shift.
- Record the allotted amount of break time that each employee receives for each of their shifts throughout the week.
- Note any sick days or vacation time that your employees have taken throughout the week.
- Calculate the total amount of hours worked for each of your employees throughout the week using a free tool like our Time Clock Calculator, or by signing up for Wave's Payroll feature which provides more advance and accurate time-sheet tracking.
Benefits of using a Time Clock Calculator
- Fast & Efficient
Save time with our quick and easy-to-use time clock calculator that generates a tally of your employees' working hours in a matter of seconds.
- Error-Free
Our online time clock calculator maker helps reduce the chances of human errors on your payroll, like miscalculations, by automating the calculation of your employees' total working hours.
- Cost Effective
The best part of our online time clock calculator is that it's free. There's no cost required to calculate your employees' hourse, nor is there any cost involved in editing the tallies you've already generated.
Helpful tips
Keep your time clock record – along with all your other records and documents – in one place so that you’re prepared for tax time. Here are a few other helpful tips:
- Employee contracts aren’t a legal requirement, but they protect your employees and your business. Contracts can outline everything from job descriptions and expected hours of work to the date of employment and salary details. A lawyer can help you draft a contract if you have any questions as to what should be included.
- Whether you hire full-time employees, contractors or freelancers makes a big difference when it comes to payroll. Make sure you’re compensating them properly and according to the tax guidelines where your business operates.
- Wave’s payroll software comes with worry-free features such as automatic tax remittances, direct deposits into your employees’ bank accounts and automatic payroll journal entries.
- Check out our other free payroll tools that can help you manage your business.
