What is Time and Half?
From the above, it’s clear that having to manually work half the time and calculate different times for many different employees in operations and departments can add to the complexity of financial management, especially where payroll is concerned. Not only does this take a significant amount of time but it also takes a lot of different resources, which is often costly for businesses. Many businesses are turning to workforce management software, such as EasyRoster, to ease this process.
One of the most important functions provided by EasyRoster is the power of management information and reports that are provided by this system. There are reports used by operations, finance, sales, human resources and logistics departments.
These reports highlight incorrect rostering and attendance with respect to the number and grades of personnel rostered or posted on a site, estimated and actual wage costs, overtime, non-productive time, site profitability, etc. In essence, these reports enable an operations manager to maintain day-to-day operational control to ensure that costs are kept to a minimum, and personnel requirements are properly met. These reports are then used for payroll and automatically work out an hour and a half, saving the business time and resources.