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Timesheets calculator for small businesses

Last Updated on 20/11/2024
Written by Oliver Gye
Fact Checked
10 minutes read

Calculating an employee’s hours worked and pay by hand can be time-consuming. To make life easy, we’ve built a simple timesheet calculator to help you determine the pay your workers have earned for hours worked in an average work week.

This calculator does not include the awards or enterprise agreements you or your employees are subject to for a particular industry. It also does not use Saturday or Sunday penalty rates.

However, the calculator allows you to automatically provide a figure against base pay against hours worked in a standard working week and track overtime that an employee worked.

Free timesheet calculator


Weekday Start End Break Hours
Monday Time In : Time Out : Time Break : 5.50
Tuesday Time In : Time Out : Time Break : 0.00
Wednesday Time In : Time Out : Time Break : 0.00
Thursday Time In : Time Out : Time Break : 0.00
Friday Time In : Time Out : Time Break : 0.00
Saturday Time In : Time Out : Time Break : 0.00
Sunday Time In : Time Out : Time Break : 0.00
Monday Time In : Time Out : Time Break : 0.00
Tuesday Time In : Time Out : Time Break : 0.00
Wednesday Time In : Time Out : Time Break : 0.00
Thursday Time In : Time Out : Time Break : 0.00
Friday Time In : Time Out : Time Break : 0.00
Saturday Time In : Time Out : Time Break : 0.00
Sunday Time In : Time Out : Time Break : 0.00
Regular Hours: 0.00
Overtime Hours: 0.00
Total Hours: 0.00

Regular Pay: $00.00
Overtime Pay (150%): $00.00
Overtime Pay (200%): $00.00
Total Pay: $00.00

How to use Reckon’s free timesheet calculator for weekly work hours and total gross pay:

  1. Input base salary (the national minimum wage is $24.10).
  2. Input the hours worked based on when work started and ended.
  3. Input break time as a value of minutes (typical breaks are 30 minutes or 60 minutes).
  4. Review total hours worked against the gross pay (including overtime).

Determining pay

Several factors must be considered when calculating pay. The Fair Work Ombudsman has set national payroll standards that all employers must follow.

Dedicated payroll software has these standards automatically built in, cutting down the time it would take to manually enter an employee’s time card or time sheet.

Timesheets

A timesheet is a basic tool that records the hours worked by an employee via clock-in and clock-out times. Employers and employees use this information as a reference to calculate pay.

Base Pay

Base pay is the amount an employee receives per hour worked. Depending on the industry, an employee’s pay could be determined by their employer’s awards rate or enterprise agreement.

If you are unsure of what awards apply, the Fair Work Ombudsman has extensive resources available.

Breaks

It is essential to record unpaid breaks when calculating your employee’s timesheet. Employees and workers are generally entitled to a meal break after working 5+ hours. This meal break is typically either a 30-minute or an hour break.

For example, if work hours are from 9:00 am to 5:00 pm, an employee’s work hours for that day would be 7.5 or 7 hours, depending on their unpaid break.

Penalty Rates

Several factors apply when calculating the gross pay of an employee.

Overtime

Employees who work more than their standard hours may be eligible for overtime. Depending on the enterprise agreement or award, overtime applies to hours worked after contracted hours.

Most timesheet calculators for full-time employees will apply overtime if they work more than 38 hours. Part-time employees can expect overtime if they work more than their agreed-upon contracted hours.

Typically, to calculate overtime, the first 2 hours over regular hours worked are calculated at 150% of a worker’s base pay. Any additional overtime hours are calculated at 200%.

Base pay x 1.5 x 0-2 (first hours of overtime).

Base pay x 2 x Hours after the first two overtime hours worked.

Casual Loading

Casual loading is a penalty rate that applies only to employees who are considered casual workers. When calculating casual worker’s wages, employers must:

Multiply base pay x hours worked.

Add casual loading of 25% (base pay x 1.25).

Public Holidays

Australia has several public holidays to factor in when calculating the timesheets for their employees. Double time and half, or 250% of an employee’s base pay, is the standard for working public holidays.

Base pay x 2.5 x public holiday hours worked

Late-night penalty rates

There are penalty rates associated with late-night work. For instance, security guards have an award that outlines the penalty rates on top of the base pay of 130% for permanent and part-time employees and 155% for casuals.

Early morning penalty rates

Workers who start their shift earlier in the morning also have penalty rates associated with them. For instance, casual bakers under the retail award will be paid 137% of their base pay during hours between 2 am and 6 am.

Managing payroll

When processing payroll, it is crucial to efficiently manage employee hours. As a small business owner, part of successfully running your business is allocating the appropriate resources to payroll.

Dedicated payroll software can accurately calculate your employee’s work hours and help you remain compliant with specific enterprise agreements or awards, ensuring you’re set up for success.

Looking for a simple payroll solution? Trial our payroll software today!

About the Author

Oliver Gye

Content Writer
Oliver Gye is a content writer and publisher who is passionate about creating engaging content for the small business community. He specialises in UX, business support & compliance, and small business journalism in fintech and accounting.

Oliver Gye

Content Writer
Oliver Gye is a content writer and publisher who is passionate about creating engaging content for the small business community. He specialises in UX, business support & compliance, and small business journalism in fintech and accounting.

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