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Time Banking PDF Print E-mail

TimeBank was developed to create a mechanism for managing, storing and carrying forward pay-period values “banked hours” from one pay-period to the next. TimeBank can be regarded as a “savings account”, i.e. a stored amount of hours that can be added to and/or deducted from on a pay-period basis. Adding or subtracting to/from the “bank of hours” can be initiated on a pay-periodic basis (similar to a salary which is added to a bank account each pay-period) or as a one-time occurrence (similar to a cash withdrawal/deposit).     
 
TimeBank functionality also includes:

 

  • Support for setup and operation of several TimeBanks per employee
  • Definition of several TimeBank Groups within a given TimeBank
  • Can handle manual additions/subtractions to an employee’s TimeBank
  • Reporting capability included

 

Download TimeBank Brochure

 


 

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TimeTECH is one of the world�s leading developers of fully customizable time and attendance management systems. TimeTECH�s solutions serve as a management tool in organizations ranging from 10 employees to 20,000+. TimeTECH�s solutions are being used in many industries such as manufacturing, retail, transportation, healthcare, long term care facilities and more. With more than 8,000 installations around the world, TimeTECH is truly one of the most versatile employee tracking systems available and has been saving organizations thousands of dollars in operational costs. TimeTECH�s North American corporate headquarters is located conveniently just outside of Toronto in Mississauga Ontario to offer superior sales and support services to our customers. For more information on TimeTECH call 1-877-816-8463 (TIME).

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