Time clock calculator
Use this calculator to quickly determine your employees’ weekly hours for smooth and efficient payroll processing.
See a sample here
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.
- Got questions about payroll and taxes? Check out The Ultimate Year-end Payroll Checklist.
- Check out our other free payroll tools that can help you manage your business.
Frequently Asked Questions
Is your software actually free?
Yes! Our invoicing, accounting, and US-only banking software is 100% free—no trials, subscriptions, or hidden fees.
What’s the catch—how does Wave make money?
Wave makes money through our optional, paid money management products. Depending on your business needs, you can choose to pay for online payment processing, payroll, and 1:1 advisors. This allows our core software—invoicing, accounting, and business banking (currently only available to sole proprietors in the US)—to always be free.
Do I need to enter my credit card details to sign up?
Put your wallet away. You won’t need to enter a credit card unless you want to use our payroll service. Just create your account and get started for free.
Do I need to install any software?
Is my data secure?
Completely. Our servers are protected physically and electronically. Any connection between you and Wave is protected by 256-bit SSL encryption. Wave is a PCI-DSS Level 1 Service Provider.
Do you provide customer support?
We provide different levels of support for customers who use different parts of Wave. Full details on how Wave support works are available here.
Calculate payroll for your hourly employees with Wave
Whether you’re handling vacation time or benefit calculations, Wave has all the tools you need to do your payroll