Excel Tutorial: How to Calculate Employee Overtime | Step-by-Step Guide

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Learn how to calculate employee overtime in Excel with this comprehensive step-by-step tutorial. Managing overtime hours and fair compensation is crucial for businesses and employee satisfaction. In this video, we'll guide you through setting up your Excel spreadsheet, entering employee data, calculating total hours worked, determining overtime hours using IF statements, calculating overtime pay, and summarizing the results. Discover powerful Excel formulas and functions that will streamline your payroll management and help you track employee productivity effectively. Watch now and become an Excel pro in calculating employee overtime!"
Practice File:
docs.google.com/spreadsheets/...

Опубликовано:

29 июн 2023

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Комментарии : 16

@AnuranjanHari 10 дней назад

very useful for me....thanks sir.....

@KnowHow712 3 дня назад

Welcome

@user-ft4wd4gh4u 5 месяцев назад

Very nicely described. Thanks a lot.

@KnowHow712 5 месяцев назад

Thank you so much.

@user-gf7fx1qy6c 4 месяца назад

At the last video where does the 24 came from

@KnowHow712 4 месяца назад

Because we are multiplying overtime, which is in time format and must be converted to decimal before we multiply it with the overtime pay rate to get total overtime pay. In our example when we multiply 4:30 with 24 we get 4.5 that is good to multiply with $50 to get the $225. I hope you understand the reason. Thanks for watching keep connected.

@AlDuaAlAzkar Год назад

add excel sheet as well

@KnowHow712 11 месяцев назад

Please check the description of this video for the source file. Thanks for your interest.

@arifmallick8384 7 месяцев назад

KINDLY SHARE THE FORMULA OF SHORT DUTY HOURS ALSO

@KnowHow712 7 месяцев назад

For this purpose, you simply need to add another column in which you multiply the Regular time pay rate with the hours worked to calculate short duty hours pay. A practice sheet is available in the description of the video. Stay connected.

@mdfrahim916 3 месяца назад

if some value is less than 8, this formula is not working. how do you calculate then?

@KnowHow712 3 месяца назад

While calculating overtime we have used the formula =E4-Time(8,0,0) , considering regular 8 hour daily working time. We must amend this formula if the regular working hours are less than 8. For example, if the working hour is 6 than we will write this formula as =E4-Time(6,0,0) and everything will be working fine.

@turcsanyirobert1289 2 месяца назад

why the formula doesnt work for me? it doesnt see it as a formula..:(

@KnowHow712 2 месяца назад

Try to remove any error while typing it will definately work.

@rudrapratap-jb7ji 9 месяцев назад

Default EMI calculator karne ka formula

@KnowHow712 7 месяцев назад

I have made a tutorial on calculating the EMI, below is its link. I hope you like it. Thanks for your suggestion. Stay connected. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-zr1kHSbms98.htmlsi=mStTNT6Ssrs2R-65