Payroll accounting is essential for your company. What do you absolutely need to do it right? Changing the timer.
Time clock conversion means converting your employees' working hours and minutes into decimals to calculate their wages. Here's an hourly calculator to help you do just that. Simply enter your employees' timecard hours on the left to see the decimal hours on the right.
Clock Conversion Calculator
Want to dive straight into time clock conversion? Simply enter the hours and minutes below and our free time card calculator will automatically convert to decimals for you. Refresh the page to clear everything.
Basics of time clock conversion
Wait...why do I need the time clock conversion?
usually you canEmployee time trackingin hours and minutes. But hours and minutes do not directly correspond to the money owed. Why? Because there are 60 minutes in an hour, not 100. You need to convert the time to decimals to calculate the exact pay rate for your employees.
This is crucial for hourly employees who are frequentnon-exempt workers. It is also important to include lunch breaks, general rest periods,overtime pay, OfVacation.
Consider Melanie's case. This week you worked 37 hours and 42 minutes (no overtime). The hourly rate you will receive is $15.
First you need to get information from your weekly time card or time sheet which contains yoursentry and exit times(psssst.... freeTime card templates here). You then multiply the number of hours you worked by your hourly rate to getDetermine your total weekly earnings.
However, if you take 37 hours and 42 minutes as is, you get 37.42. This is wrong because an hour is equal to 60 minutes and not 100 minutes. You need to convert the minutes to decimals.
The correct calculation looks like this:
42 minutes/60 = 0.7
Then you need to add the minutes converted to hours:
37 + 0,7 = 37,7
This means that 37 hours and 42 minutes becomes 37.7 hours in decimal time.
Therefore, based on total hours, Melanie's weekly wage is:
37.7 hours x $15 = $565.50
Remember, this is from Melanie.gross salary. To get your net salary, you must take into accountdeductions and taxes.
Minutes to decimal time conversion table
Manually converting employee hours and minutes to decimals (hundredths) is time-consuming and error-prone.
If you don't want to use a conversion calculator (like above), another basic tool is a decimal conversion table. For example, if you need to convert 17 hours and 25 minutes to decimal, you can easily use the conversion table. and see that this equals 17.42 hours.
military time change
In addition to converting the hours and minutes to decimals, you may also need to convert the time from a 24-hour format to a 12-hour (am/pm) format. This is necessary, for example, if your employees' stamp cards are set to 24 hours.
The 24-hour system is commonly known as military time. It is commonly used by the military, government, transportation services, hospitals, and similar organizations.
Instead of the daytime hours of 1 a.m. to 12 p.m., the 24-hour clock starts at midnight and lasts until midnight the next day. It does not use the am/pm designations that indicate whether an hour is morning or afternoon.
You can check the military time conversion here:
Handle payroll like a pro
Business Owners: Tired of fumbling with endless paper cards or timesheets and doing tedious conversions for your payroll in Excel?
With Hourly you can handle all your tasksEmployee time trackingjPayrollneeds with a digital solution.
Your employees can seamlessly record their hours with our time recording software. Data is automatically sent to payroll, so you don't have to worry about converting time clocks or timesheet calculators.
Hourly's software also has several other useful features that make running a small business easier. Hourly can help you with thatworkers compensation,labour costs,overtime pay, and more.
Download the schedule appon your mobile device and get started right away!
1. Introduce yourself
Your introductory email should pack a lot of information into one small package. Try something like this:
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Hello Jane,
My name is John Doe and I work for ABC where we provide commercial insurance policies to many of Dallas' top small businesses.
Congratulations on your new business, Jane's Bakery. Wondering if you have all the insurance you need? Or whether your policies actually protect you in an emergency?
At ABC Agency, we pride ourselves on offering strong, comprehensive coverage options for businesses like yours with flexible pay-as-you-go plans.
Are you available this week to talk more about how we can help? I can help you find the cheapest rates and best policies available.
I hope to speak to you soon.
Health,
John Perez
2. Submit an offer
After meeting your prospect, a quick response with your offer gets the ball rolling.
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Hello Jane,
Thank you for meeting with me this morning. I loved walking around Jane's Bakery. I can still smell those delicious chocolate chip cookies baking! You are in a great location and I am sure you will do very well on Front Street.
After reviewing my notes, I have prepared an insurance quote for you (attached). I recommend a business policy. A BOP includes several insurance products in one: liability, property and business interruption insurance. Offers solid coverage at a competitive price.
I'll call you in a few days to find out what you think of this insurance plan. If you have any questions in the meantime, please email or call [phone number].
Thank you again for your time today. I look forward to working with you in the future.
Health,
John Perez
3. Thank you for purchasing a policy
Gratitude is important! Thanking your customers for their business is never a bad idea.
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Hello Jane,
Thank you for choosing a business policy with Agência ABC. We know how important it is to get the right coverage for your business and we are honored that you have placed your trust in us.
We enjoy working closely with you, and ours is not. The ultimate goal is to ensure your business is always protected.
Do you have any questions? We are here to help. Sign up if you think of anything.
Thank you again for choosing ABC to insure Jane's Bakery.
Health,
John Perez
4. Welcome email
A welcome email makes customers feel like you're there for them and can introduce them to other insurance products you offer.
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dear Jane,
Welcome to the ABC family! We look forward to welcoming you as a new customer and look forward to being able to fulfill all of your insurance needs.
As an independent insurance agency, we work with multiple insurance companies to find the best coverage options for all of our customers. If you need another type of insurance, such as B. [add additional offers unique to your agency e.g. B. life insurance, health insurance, home insurance or other], we can also help you.
Would you like to talk about any of these policies?
Health,
John Perez
5. Presentation of a new product
A happy customer may want to expand their business with you.
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Hello Jane,
I hope you and Jane's Bakery are doing well. I had a blueberry muffin and coffee yesterday and they were delicious. Loved the hint of cinnamon on the muffin! Was that your idea?
I wanted you to be the first to know that we are now offering commercial vehicle insurance for our policyholders. Car insurance for your catering vans is very important as your personal car insurance will not cover them.
We currently only offer this coverage to our current business customers and we have very competitive rates.
Should I create a budget?
As always, thank you for being a part of the ABC family.
Health,
John Perez
6. Ask for references
Once your relationship is established and comfortable, let your clients help you grow.
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Hello Jane,
You've been a valued member of the ABC family for two years now and we really appreciate your business, not to mention the cupcakes you provide for our monthly meetings!
Since you are a valued policyholder, I have a quick favor to ask of you. I know you are active in your local chamber of commerce and I hope you know some colleagues who would benefit from working with our insurance company.
Referrals are one of the most effective ways to connect with our community because people truly trust their friends, family, and co-workers. Is there anyone you would recommend I speak to?
Remember that in addition to business insurance products, we also offer everything from life insurance to pet insurance.
As a thank you for your help, we'll send you a $100 Amazon gift card if your referral takes out insurance with us.
Thanks a lot for your help!
Health,
John Perez
7. Contract Renewal
If your client needs to renew their policy with you, send an email like this:
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Hello Jane,
I hope you're allright! What a year it has been going from Dallas' top 5 list of bakeries to becoming the city's official supplier! He has a lot to be proud of.
Just a note that your business owner policy will be renewed soon and will expire on June 15, 2023.
If you're still happy with your coverage, we can easily renew it for you.
Do you have time to talk this week?
We look forward to serving you again!
Health,
John Perez