Rounding Hours

› Let’s Talk Business › Business Math › Rounding Hours

  • Post
    • July 6, 2020 at 5:03 pm
    Sam G.
    Participant
    Is there a smart reason to allow employees to round up their hours instead of using exact times? Someone told me its better for the empolyee’s and helps with accounting but doesn’t the company lose money? What do you guys think?
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  • Replies
    • October 9, 2020 at 5:52 pm
    Sterling Pistole
    Participant
    I mean what are you rounding the hours to? Like the closes 5 or 0 or like the closest 25 or what?
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    • January 14, 2021 at 11:30 pm
    Grayson Dodson
    Participant
    I can see why it would make it easier for time keeping sake but i do thinks it effects the company if the rounding point is too large. I feel like if you have a good timekeeping system then the rounding isn’t needed. Just use an online or digital service.
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    • March 9, 2021 at 5:30 pm
    Sonnet
    Participant
    Rounding hours doesn’t seem beneficial to the company but I can see how it would make timekeeping easier. Maybe if it is to the closest 5 or 10, that wouldn’t break the bank and would save time for who ever is doing the accounting.
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    • March 30, 2021 at 6:41 pm
    Jacky Quinn
    Participant
    I can understand the purpose for rounding hours but in my personal opinion, it doesn’t make any sense. If they are really struggling with that then they may want to look into an online or digital timekeeping service.
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