Tracking Employees Hours by Using a Bi-Weekly Timesheet in Excel
If you are a business owner, you will understand the importance of tracking your employee’s working hours to make sure that they aren’t underpaid and they get the proper compensation in salary-wise for all the work hours that they have put in for the company. Many organizations and companies are investing in an online timesheet that can be accessed remotely from anywhere. Although, if you want to use that kind of timesheet, you will have to fork out an extra budget. If you want a free version, you can use the bi-weekly timesheet in Excel for employees that are having their salary paid fortnightly.
For start-up businesses, since they have fewer numbers of employees, using the Excel version of a timesheet for the bi-weekly salary can be enough. It is not necessary yet to use paid programs with small numbers of employees. They could save up so much just by using the templates that are already available in Excel and modifying them to suit their needs and preferences. The bi-weekly timesheet in Excel is straightforward, where you will see the company name that can be edited on the top of the page along with the company information (address, phone number, city, zip, fax number, etc.).
A bi-weekly timesheet template that you can find in Excel will be able to track all the employees’ working hours, overtime, annual leave, sick leave days, and vacation days to make sure that their working hours are correct. This will affect the bi-weekly payroll that the finance department needs to manage. Other than that, if the company is still using timecards to log their employees’ work hours, the bi-weekly timecards will be able to help the finance department in tracking their working hours as well. Since not all companies pay their employees monthly, for the ones that are doing a fortnightly salary base, it can be considered as a semi-monthly payment or salary structure.
Samples of Bi-Weekly Timesheet
How to Create a Bi-Weekly Timesheet in Excel by Using a Blank Template
If you have never created this type of timesheet before, there are many examples and free templates that you can find online. Other than that, you will also be able to find some templates available in Microsoft Excel. You will be able to modify the template to suit the company’s needs especially if you want to slightly change the design when advised by the management team. You will be able to see clearly in the attendance sheet for all the employees if they get into work late, taking a personal leave (day-off) for personal reasons, taking a sick leave day, and many more.
All the data and working hours that you input in the Excel sheet will be calculated manually with the formula that is already set in it. Most of the template available in Microsoft Excel has already been set by formulas so you don’t have to count all the hours manually anymore. This will also minimalize miscalculations that might happen while counting your employee’s salary. Tracking the working hours of your employees is never easier! If you are interested in creating a bi-weekly timesheet by using a free template, you can download one at the bottom of this page.
Bi Weekly Timesheet Template – Excel