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Download Overtime Percentage Calculator Excel Template

Overtime Percentage Calculator is a ready excel template that calculates the percentage of overtime hours of a company for a particular period.

Moreover, you can find OT percentage for an individual, department, and company as whole with this calculator.

Generally, HR professionals use this metric to define and plan the recruitment needs. It provides insight into employee productivity and employee performance.

Usually, higher overtime percentage is an indicator of low productivity, improper management, and also employee dissatisfaction. Thus, It is obvious and proven that employees who work more overtime their productivity decreases.

So, a high rate of overtime percentage increases the burden to the company’s pockets too.

Furthermore, measuring it helps to avoid misuse of overtime. Many times employees misuse increase their pays and also causing unnecessary output delays.

To calculate overtime percentage divide total overtime hours by total regular hours and multiply it result with 100%.

Thus, employee overtime percentage is useful metric in decreasing burden on a company’s treasury.

Employee Overtime Percentage Calculator Excel Template

We have create a simple and easy Overtime Percentage Calculator Excel Template with predefine formulas. All you have to do is to enter a few details. It will automatically calculate the Overtime Percentage for you.

Contents of Calculate Overtime Percentage

This template consists of 2 sections:

  1. Overtime Percentage Calculator
  2. Department-wise Calculator.

Percentage of Overtime Pay

Insert following data:

FTES: Thus, The number of Full-time Employees. If you have any part-time employees you need to convert them into FTEs. So, To convert divide the total number of hours worked by part-time employees by 2080 hours.

Weekly Hours/Employee: Also, Insert the number of hours an employee. Usually, 8 hours daily contributes to 40 hours a week.

Duration: Moreover, Insert the duration in weeks and this the period you are measuring the overtime percentage. Thus, 52 weeks for a year, 26 weeks for a half-year, and so on.

Overtime Hours: So, Enter total overtime hours worked by all employees during that period.

Regular Hours: Thus, Total regular hours are auto-populated.

Total Regular Hours = (No. of FTEs X Weekly Hours X No. of Weeks)

Therefore, Applying the Overtime Percentage formula, the template automatically calculates for you.

Department-wise Calculator

Therefore, This section is useful when you have a bigger organization with multiple departments.

Department-wise calculator consists of following columns:

Weekly Hours
Overtime Hours
Regular Hours
OT %

The functioning of cell is the same as the above section. Total regular hours and Overtime Percentage columns are auto-calculated.

Usually, weekly hours are same. If the weekly hours of departments are different then insert manually. Otherwise, enter only in first cell and it will automatically fetch. Enter the department manually or you can create a drop-down list.

How to Use this Overtime Percentage Calculator Excel template

Our editable Excel templates for data analysis are easy to use and can save you a significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

In summary, our editable Excel templates for data analysis are easy to use and can save you a significant amount of time and effort. Simply, download the template, replace sample data with your actual data, customize it as per your requirement, use it for data analysis, and save or share it with others as needed. With our templates, you can quickly and easily analyze your data and make informed business decisions.

Click Download Button To Get Overtime Percentage Calculator Excel Template

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