Month-End Carry-Over: Carry Limits, Payout of Excess Hours & Balances to Recover
This lesson is part of the course
In this lesson
You cap each month-end balance to the fictional carry-over limits, work out how many hours are paid out above the limit, value the payout at the hourly rate and a payout factor, and count the balances that sit below the lower limit.
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Lessons in this course
- Daily Balances: Worked Hours, Breaks, Overnight Shifts & the Plus/Minus per Day Locked
- Core Hours: Late Starts, Early Finishes & Core-Hour Breaches by Team Locked
- The Running Time Bank: Cumulative Balances, Upper & Lower Caps and Hours Lost Locked
- Month-End Carry-Over: Carry Limits, Payout of Excess Hours & Balances to Recover Locked
- Time Off in Lieu: Balances into Days, Booking TOIL with WORKDAY and the Balance Left Locked
- Annualised Hours Contracts: ISO Weeks, Weekly Actuals, the Year-to-Date Gap & the Hours Still to Work Locked
- Part-Time Staff & Joiners: Pro-Rata Weekly, Daily and Annual Targets Locked
- Capstone: Team Time-Bank Report – Averages by Team, Review Flags by Location and the Bank Trend Locked