Customize how overtime is earned, approved, and compensated based on your company policies.
Replace manual tracking with automated processes that record, validate, and consolidate overtime accurately.
Let your team check balances, follow requests, and choose how to use their hours directly in Humand.
Keep overtime from piling up without limits or expiration dates.
The hour bank is a Time Tracking feature that converts employees’ overtime hours into an available time balance, instead of paying them out immediately. The company defines the rules; employees accumulate and use their time.
Approved overtime hours are automatically converted into balance, applying the multiplier configured by the company. For example: 8 overtime hours with a 1.6x multiplier credit 12.8 hours.
It depends on the configuration: the hour bank can be set up with or without an expiration date. Without an expiration date, hours remain available indefinitely.
The company defines this when setting up the policy: hours are either forfeited or trigger a payment obligation. A built-in simulator allows companies to estimate the financial impact before deciding.
Additional overtime hours are not credited until the employee uses part of their balance and drops below the cap. The existing balance is not affected.
Yes. Each employee can check their updated balance from the mobile or web app, and request to use their hours as time off directly from there.
Yes. Clock-ins that come in through integrations are processed the same way as any Humand clock-in: overtime hours are categorized, approved, and credited to the bank regardless of their source.
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