Banked Hours vs Overtime: What’s the Difference?
Attendance Bot
AUGUST 8, 2024
When your employees start putting in extra hours, it’s time to consider how to compensate them. Should you offer banked hours or overtime pay? Under this law, there are two easy-to-manage additional work times which are, banked hours and overtime pay. It’s like a banked holiday, time off earned in advance.
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