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Contractors and their payroll administrators who deal with employees who work on more than one job or project during a single workweek, with different wage rates for each job OR perform work under more than one type of work/trade classification in a single workweek, with different wage rates for each work classification also want software that will automatically calculate and distribute overtime hours worked for all employees, on all jobs, for any given work week - relieving them of the time-consuming and error-prone process caused by manual calculations and timecard entry.
While all employers are subject to" normal" overtime laws that require payment of overtime for hours actually worked in excess of 40 hours per week (sometimes when more than 8 hours are worked in a day); with overtime to be paid at one and one-half (1.5) times the average regular rate of pay: an increasing number of states are adopting the Federal Weighted-Average Overtime Rules, administered by the Fair Labor Standards Act (FLSA) and forcing employers in the construction, healthcare, and manufacturing industries to comply with these additional requirements.
The Fair Labor Standards Act (FLSA) states that when an employee works on two or more jobs at different rates of pay OR two or more work/trade classifications at different rates of pay, for the same employer, in the same workweek; weighted-average overtime is owed on hours worked over 40 in the workweek.
For example, an employee works 50 hours during the workweek; 25 hours at $10/hr. and 25 hours at $12/hr. - to determine the employee's gross wages using weighted-average overtime calculations:
Manually applying and calculating this mathematical equation for multiple employees each week is an extremely time-consuming and error-prone task; often resulting in payroll errors, which must be done before time can be entered for job costing purposes and payroll can be processed in QuickBooks - this causes a great deal of frustration and dissatisfaction for QuickBooks users.
Having an automated process in place for this critical task will help you be more productive, eliminate the error-prone process of manual overtime and weighted-average overtime calculations, and allow you to easily comply with BOTH State Overtime rules and FLSA requirements.
Crew/Overtime Entry Solution works with QuickBooks to provide a solution to nine (9) critical and missing needs for your QuickBooks employee time card entry processes. With Crew/Overtime Entry Solution:
This is accomplished through a few simple tasks:
How does Crew/Overtime Entry Solution Work? Watch this 10-minute video to find out.
Priced at $395.00 for a Crew/Overtime Entry Solution company license; with the program to be installed on as many computers as necessary, via electronic download, see our Order Page for more details.
Complete setup instructions are offered in a variety of learning methods: Audio/Video Training, self-paced training, comprehensive manuals, in-program help, or purchased training contracts.