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What is Overtime Equalization?

July 21st, 2011 | Posted by Apex Time Solutions in Time and Attendance Software | Time Management Solutions | Web-Based Time and Attendance

In the manufacturing sector and related verticals, overtime equalization is quite prevalent. In essence, it is the allocation of overtime hours spread equally to employees in an organization. In companies whose workforce is governed by a collective bargaining agreement, the employee with the most seniority gets to pick overtime hours first. Employees with less seniority get to pick next and so on. Imagine trying to allocate overtime hours in a company with one hundred employees? Next, imagine trying to do it for a company with employees in excess of 500 or more? Attempting to do an equitable distribution of overtime hours using a manual process can be a headache for payroll practitioners, finance and HR management personnel.

The ATS Overtime Equalization module improves the equal allocation of overtime hours, by matching employee availability with overtime needs. ATS Overtime Equalization offers sophisticated business intelligence to provide a window into the areas of workforce performance that matter most to your organization. Our solution highlights overtime offered, refused, accepted, and actual hours worked. ATS Time and Attendance Overtime Equalization functionality highlights the ‘next eligible’ employee for overtime allocation. With this module, supervisors and managers have a concrete and objective way to allocate overtime hours.

ATS Overtime Equalization can also be used as a reward for employees who honour rules for attendance, punctuality, and workplace behavior. When used in conjunction with our time and attendance solution, the ATS Overtime Equalization tool takes away the burden of assigning overtime and provides a fair and equal system for all employees.

To speak to someone about our integrated overtime equalization and time and attendance system go to our website or click here to request a live demonstration.

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