Final answer:
To calculate weekly overtime on a bi-weekly time card, the time-tracking system must be set to reset the count of hours at the beginning of each week. This ensures accurate weekly overtime tracking by starting the hours count from zero on the eighth day.
Step-by-step explanation:
To enable a weekly overtime calculation on a bi-weekly time card that resets on the eighth day, you would adjust the payroll system or time-tracking software settings to track the number of hours worked on a weekly basis, despite the pay period being bi-weekly.
Typically, overtime is calculated based on hours worked over a standard 40-hour workweek. If an employee works beyond this threshold in one week, even if the pay period is bi-weekly, they are entitled to overtime pay for the extra hours.
For the reset on the eighth day, you would set the system to refresh or restart the count of hours each week starting from the first day of the employee's workweek. This might look as follows:
- Access the settings of your payroll or time-tracking software.
- Look for the option to set or define the start of the workweek and ensure it corresponds to your operational requirements.
- Select the option to track overtime on a weekly basis, even in a bi-weekly pay cycle.
- Ensure the system is configured to reset or begin a new count of weekly hours on the eighth day, which would be the start of the new workweek.
In practice, if an employee works over 40 hours in the first week, they would receive overtime for those hours. Then, on the eighth day (the start of the second week), the tally starts at zero again, ensuring overtime calculation is accurate each week, regardless of the bi-weekly pay period.