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What Is Time Off in Lieu (TOIL)?

Replicon

Among various flexible schedules coming into the picture, TOIL has also appeared as a preferred solution for compensating overtime work. TOIL or Time off in lieu is when an employee is entitled to extra time off for the additional hours worked, instead of any monetary overtime compensation. How Is TOIL Different From Overtime Pay?

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Is Overtime Calculated Daily or Weekly?

BerniePortal

However, some states have laws that calculate overtime on a daily basis. In this article we will discuss further into detail the nuances of overtime pay and how your organization can best manage the regulations and processes.

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Top 5 Work Hours Trackers For Your Small Business

Homebase

Tracking employee hours allows you to: Say goodbye to time-consuming spreadsheets | Automated time tracking means that you and your team don’t need to spend valuable time maintaining and calculating timesheets. Besides correct record-keeping, tracking time helps you stay compliant with other laws regarding paid time off, overtime, and wages.

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Homebase Software Integrations to Make Small Business Easier

Homebase

As a small business owner, you likely have multiple software tools and platforms that you have to juggle on a daily basis, which can be a heavy burden. When labor and sales data works together, you can accurately calculate labor costs and optimize staffing levels as well. We have the answers!

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How to reduce labor costs in a restaurant

Homebase

Let’s learn how to calculate and how to reduce labor cost in a restaurant, the factors that may be contributing to increased labor costs—like time theft and unnecessary overtime—and the tools you can use to keep them in check. There are two ways to calculate labor in a restaurant. Second, calculate your restaurant’s revenue.

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First impressions of OSHA’s COVID vaccine mandate

Business Management Daily

Ensure employees who aren’t fully vaccinated are tested at least weekly or within seven days before returning to work, if they’re away from the workplace for a week or longer. Employers have been waiting with anticipation and the wait is finally over. So fasten your seatbelt; it’s going to be a bumpy ride. Which employers are covered?

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How to prepare the workplace for a coronavirus pandemic

Business Management Daily

If nonexempts work overtime during a week they’re out and use their accrued time, don’t include the accrued time in their regular rates when calculating their overtime rates. Reason: The payment is for idle time, which isn’t included in the regular rate calculation. You’ll be able to act quickly should the need arise.

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