Difference between revisions of "Timekeeping Policies and Procedures"
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(Created page with "== Timekeeping Policies and Procedures == The following are Timekeeping Policies and Procedures that the US Government like to see a contractor have: * Management Reviews *...") |
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== Timekeeping Policies and Procedures == | == Timekeeping Policies and Procedures == | ||
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* Management Reviews | * Management Reviews |
Latest revision as of 17:17, 21 January 2015
Timekeeping Policies and Procedures
The following are timekeeping elements that should be incorporated into a contractors polices and procedures.
- Management Reviews
- Employee Awareness Training
- Timekeeping Access Control
- Terminated Employees
- Idle Workstations
- Daily Recording Requirement
- Ethics or Conduct Violation
- Treatment of Overtime
- Labor Cost Accounting - Overtime Premium
- Labor Cost Accounting - Sensitive Labor Accounts
- Labor Cost Accounting - Compliance with Contract Terms
- Payroll Preparation and Payment
- Labor Transfers and Adjustments
- Suspense Accounts