What is time card?
A time card is a tool used to record the hours worked by employees, often utilized in payroll and attendance systems. Here are the primary functions of time cards:
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Clocking In and Out:
- Allows employees to record their start and end times for each work shift, helping to track attendance accurately.
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Tracking Hours Worked:
- Records total hours worked during a specific period, including regular hours, overtime, and any breaks taken.
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Calculating Pay:
- Provides data necessary for calculating employee wages based on hours worked, including regular pay and overtime rates.
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Attendance Monitoring:
- Helps track employee attendance, punctuality, and absenteeism, enabling management to monitor patterns and address issues.
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Shift Management:
- Assists in managing shift schedules by recording when employees start and finish their shifts, aiding in staffing decisions.
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Reporting:
- Generates reports on employee work hours, attendance records, and labor costs, providing insights for management and payroll processing.