The Payroll Overtime Report provides a detailed summary of overtime hours and pay for employees within a selected date range. This report is essential for monitoring overtime costs, ensuring compliance with labor laws, and responding to employee inquiries about overtime pay.
When to Use It
- Payroll Cycle Review: To verify overtime calculations before finalizing payroll.
- Labor Compliance: To ensure adherence to overtime regulations and company policies.
- Audit Preparation: To provide detailed overtime records for internal or external audits.
- Cost Analysis: To monitor overtime trends and manage labor expenses.
Who Uses the Overtime Report, How Often, and Why
