Business Math: How to Count Change Back to a Customer
When a clerk grabs the change due from the cash register and plops it in your hand, you would have to do some pretty quick math to know you got the right …
When a clerk grabs the change due from the cash register and plops it in your hand, you would have to do some pretty quick math to know you got the right …
Most of us keep track of everything online these days and employee time keeping records are no exception. If you are still tracking time on paper, you file all of your employee’s …
Many business owners like to convert overtime to comp time both to save money and to give employees an optional benefit, but beware; this practice might get you into trouble.
Wondering what paid time off costs? Our free time off payout calculator can help.
In most restaurants across the country, servers receive the majority of tips. However, all of the restaurant’s employees are jointly responsible for the customer’s satisfaction and so most restaurants require that servers …
Mileage reimbursement is not mandatory in the US (in most cases), however, the IRS issues a yearly Standard Mileage Rate for use by employees and employers in the following ways: The rate …
There are several ways to calculate time off but only one of them is ideal for part-time employees or employees who work variable schedules. The by hours worked accrual rate ensures that …
Time can be expressed either as fractions, decimals, or as minutes and hours. In order to calculate payroll, time needs to be in decimal form so that it can be multiplied by …
When it’s time for annual performance reviews, if you plan on including pay raises, you need to know the simple math behind calculating pay increases correctly. Raises can be based on any …
Businesses can charge clients either by the hours spent on a project or by the total project. A web-based time tracking system is invaluable for billing clients accurately by the hour. A …
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