Hours reporting refers to the process of tracking and recording the number of hours worked by employees or temporary workers. Accurate hours reporting is essential for calculating payroll, managing labor costs, and ensuring compliance with labor laws.
For staffing agencies, hours reporting is crucial for ensuring that temporary workers are paid accurately and on time for the hours they’ve worked.
Accurate hours reporting helps prevent errors in payroll and ensures that employees are compensated correctly. For businesses, it provides insights into labor costs and productivity, which can be useful for budgeting and workforce planning.
A staffing agency may use time-tracking software to capture the number of hours worked by temporary workers. Employees can log their hours, and managers can review them before processing payroll.