{"id":3179,"date":"2012-07-21T12:34:34","date_gmt":"2012-07-21T16:34:34","guid":{"rendered":"http:\/\/canadianbudgetbinder.com\/?p=3179"},"modified":"2025-02-24T05:56:31","modified_gmt":"2025-02-24T05:56:31","slug":"track-your-overtime-hours-or-potentially-risk-losing-money","status":"publish","type":"post","link":"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/2012\/07\/21\/track-your-overtime-hours-or-potentially-risk-losing-money\/","title":{"rendered":"Track Your Overtime Hours Or Potentially Risk Losing Money!"},"content":{"rendered":"<p><em>Tracking your overtime hours<\/em> is probably the last thing you want to do at the end of a long day at work but let me tell you it&#8217;s worth it. I&#8217;m one of those blokes who used to rely on the computer system to get it right, but not any more. \u00a0When you&#8217;ve worked countless hours dragging your butt out of work and right into the shower to relax is paramount to writing down your work hours. That&#8217;s what I used to do but not any more. \u00a0I try not to think of the amount of money I potentially lost simply but not checking my pay stubs against an <em>overtime tracking system<\/em>.<\/p>\n<p>Some people I know would track their work hours on a piece of paper and put it in their wallet. I though why are you even bothering to do that. They were the smart one&#8217;s not me. \u00a0Mrs. CBB started asking for my pay stubs each week as she typically would find them tossed in a drawer. (the man drawer&#8230; we all have them)<\/p>\n<p>You would think I&#8217;m well-organized and believe me I am, just not with pay stubs. *that&#8217;s changed* \u00a0I admit I was tired of listening to her chatting off my ear about leaving them around. Well then she started reading them and asked me if I was <em>tracking my overtime<\/em>. I didn&#8217;t know what to say as I thought, man oh man she&#8217;s going to dig into me for this one. \u00a0 I&#8217;m not perfect and we all should admit our faults but also improve on them.<\/p>\n<p>It wasn&#8217;t until we actually sat down during our weekly<a title=\"Five Ways To Cut Your Budget To Save Money\u00a0$$\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/04\/19\/five-ways-to-cut-your-budget-to-save-money\/\" target=\"_blank\" rel=\"noopener\"> budget<\/a> session and noticed that 3 hours was missing from my pay from training that I had done. I have done a lot of travelling and \u00a0training as it&#8217;s an ongoing process in my career and it seems like 3 hours of it was almost done for free. \u00a0Thank goodness we caught the error but it really jolted us into high gear when it came to our finances. We work so hard to save yet something so simple was being overlooked. We rely so much on technology today that we believe that errors are not imminent, but they are, even by humans.<\/p>\n<p>Mrs.CBB told me a time when she was younger working at a coffee shop and she picked up her weekly pay and thought she struck gold. Visions of shopping at the mall, new clothes, CD&#8217;s ,make-up whirled around in her head. That didn&#8217;t last long ,for one she would never blow money like that and it wasn&#8217;t her money to spend. Opening her pay to see she net over $3000.00 for a 2 week period made her happy if not euphoric in a way. She says it was almost a wake up call for her. She really wanted to net more money and knew that to feel that\u00a0excitement\u00a0again she would have to work very hard in school. Amazing how someone can think outside the box sometimes even if it involves feelings.<\/p>\n<p>Who knew pouring coffee and dipping\u00a0donuts\u00a0was such a lucrative career? \u00a0What happened? Instead of paying her $6.40 an hour she was paid $64.00 an hour plus all the overtime she worked in that period. \u00a0Was it a computer glitch or human error, we will never know? We always say how important it is to <a title=\"How We Designed Our Budget Step 9-Reading Our\u00a0Bills!\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/05\/09\/how-we-designed-our-budget-step-9-reading-our-bills\/\" target=\"_blank\" rel=\"noopener\">check your receipts<\/a> before you leave the grocery shop and this is just the same.<\/p>\n<p>Yes, she immediately gave the money back and told her boss right away about the error and then all her <a title=\"How To Deal With A Shopping\u00a0Addiction?\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/06\/13\/how-to-deal-with-a-shopping-addiction\/\" target=\"_blank\" rel=\"noopener\">shopoholic<\/a>\u00a0visions disappeared. I&#8217;m sure eventually they would have figured it out, but what if they didn&#8217;t? This leads to another issue if you are a business owner.<\/p>\n<p>What Quality Control procedures do you have in place for your company?<\/p>\n<ul>\n<li>Are your pay roll systems being monitored or checked for accuracy?<\/li>\n<li>How is this process standardized to make sure the company is not losing money?<\/li>\n<li>What database software tracking systems do you have in place- <em>vacation tracking systems<\/em>, <em>hour tracking systems<\/em>.<\/li>\n<li>Who should be checking for these errors and how can we ensure they are checked?<\/li>\n<li>What if it was happening to more than one employee?<\/li>\n<li>What can we do to improve?<\/li>\n<\/ul>\n<p>Making sure quality control <em>standardized procedures<\/em> are in place are paramount for any business in my opinion.This brings me back to the <a title=\"How We Designed our Budget Step 5- 5S\u00a0Organization\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/03\/06\/how-we-designed-our-budget-step-5-5s-organization\/\" target=\"_blank\" rel=\"noopener\">5s <\/a>\u00a0organization\u00a0of my environment and why it is crucial. I&#8217;ve learned the hard way and continue to learn from others and from my mistakes. You should try to visit these procedures often to see if they are working. Time is money yes, but losing money is a waste of time.<\/p>\n<p>So to make sure we as a couple are tracking not only our overtime but regular hours we designed a simple <em>free<\/em>\u00a0<a title=\"Free Downloads- Money Saving\u00a0Tools\" href=\"http:\/\/canadianbudgetbinder.com\/free-tools\/\" target=\"_blank\" rel=\"noopener\">downloadable overtime tracking sheet <\/a>. You can also use this as a<em> web-based time sheet<\/em> to track your hours. We know we all want to just get out the door after a long day and spend the least amount of time possible at work after work. So, what we do is post this overtime tracking sheet on our refrigerator and when we get home we fill it in. It&#8217;s easier when we see the sheet as the good old &#8216;out of sight, out of mind&#8217; might get in the way for us. When we get our pay we check the hours paid to us against what we have on our overtime tracking sheet.<\/p>\n<p>The tracking sheet has been great and I caught 1 hour missing from one of my pay checks not because of computer error but because I failed to report it at work but reported it on my overtime tracking sheet. See, errors do happen, whether it&#8217;s computer or human we all need to <em>track our regular and overtime hours<\/em> so we aren&#8217;t losing money we worked hard for.<\/p>\n<p>How do you track your hours at work? Have you ever found any errors?<\/p>\n<p>Are you on my Blog Roll? Check\u00a0HERE\u2026 if not and\u00a0you want me to check out your blog and add you to my ever-growing blog roll simply click\u00a0here\u00a0and fill out the form. Introduce yourself and lets LINK UP!<\/p>\n<p>I\u2019ve also started working with Linky Tools so now any blogger can LINK to my site each week by posting one post on my<a href=\"http:\/\/www.linkytools.com\/wordpress_list.aspx?id=155106&amp;type=thumbnail&amp;AspxAutoDetectCookieSupport=1\" target=\"_blank\" rel=\"noopener\">\u00a0LINKY LIST<\/a>! It\u2019s been very busy so don\u2019t miss this opportunity for free advertising for your blog. My readers enjoy \u00a0all sorts of blog posts related to finance all the way to relationships, family, food and more! Don\u2019t be shy, some LINKY with Mr.CBB!<\/p>\n<p>If you are new to Canadian Budget Binder LIKE or Follow me on\u00a0<a href=\"https:\/\/twitter.com\/#!\/CanadianBudgetB\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>,\u00a0<a href=\"http:\/\/www.facebook.com\/Mr.CanadianBudgetBinder\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>\u00a0and\u00a0<a href=\"http:\/\/pinterest.com\/cdnbudgetbinder\/\" target=\"_blank\" rel=\"noopener\">Pinterest<\/a>\u00a0or you can also sign up for email notifications\u00a0<a href=\"http:\/\/canadianbudgetbinder.com\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. When you do this it motivates me to keep on doing what I do for all of my fans.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-150854\" src=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading.webp\" alt=\"Money-Quote-Logo-CBB\" width=\"1080\" height=\"200\" srcset=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading.webp 1080w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading-300x56.webp 300w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading-1024x190.webp 1024w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading-768x142.webp 768w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading-150x28.webp 150w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading-696x129.webp 696w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2014\/10\/Add-a-heading-1068x198.webp 1068w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<h6 class=\"zemanta-related-title\" style=\"font-size: 1em;\">Related articles<\/h6>\n<ul class=\"zemanta-article-ul\">\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/canadianbudgetbinder.com\/2012\/05\/21\/the-ins-and-outs-of-a-debt-reduction-plan\/\" target=\"_blank\" rel=\"noopener\">The In&#8217;s and Out&#8217;s Of A Debt Reduction Plan!<\/a> (canadianbudgetbinder.com)<\/li>\n<li class=\"zemanta-article-ul-li\"><a title=\"Free Downloads- Money Saving\u00a0Tools\" href=\"http:\/\/canadianbudgetbinder.com\/free-tools\/\" target=\"_blank\" rel=\"noopener\">Free Downloadable Tools \u00a0<\/a>\u00a0Money Saving (canadianbudgetbinder.com)<\/li>\n<li class=\"zemanta-article-ul-li\"><a title=\"Mr.or Mrs. Money Bags\u2026 Is that\u00a0you?\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/07\/19\/mr-or-mrs-money-bags-is-that-you\/\" target=\"_blank\" rel=\"noopener\">Mr. or Mrs. Money Bags Is That You?<\/a> (canadianbudgetbinder.com)<\/li>\n<li class=\"zemanta-article-ul-li\"><a title=\"How Much Should My Grocery Budget\u00a0Be?\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/06\/20\/how-much-should-my-grocery-budget-be\/\" target=\"_blank\" rel=\"noopener\">How Much Should My Grocery Budget Be?<\/a> (canadianbudgetbinder.com)<\/li>\n<li class=\"zemanta-article-ul-li\"><a title=\"How We Designed Our Budget Step 1-Gathering All The\u00a0Information\" href=\"http:\/\/canadianbudgetbinder.com\/2012\/01\/24\/how-we-began-our-budget-step-1\/\" target=\"_blank\" rel=\"noopener\">How We Designed Our Budget Step 1<\/a>&#8211; Gathering All The Information (canadianbudgetbinder.com)<\/li>\n<\/ul>\n<p>Photos not watermarked courtesy of:\u00a0Copyright (c) <a href=\"http:\/\/www.123rf.com\">123RF Stock Photos<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tracking your overtime hours is probably the last thing you want to do at the end of a long day at work but let me tell you it&#8217;s worth it. I&#8217;m one of those blokes who used to rely on the computer system to get it right, but not any more. \u00a0When you&#8217;ve worked countless [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":154554,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"disable-jtr":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[658],"tags":[923,863,36,257,5,95,1650,930,31,10,1651,1427,1652,1653,1654],"class_list":{"0":"post-3179","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"tag-5s","9":"tag-accounting","10":"tag-budget","11":"tag-business","12":"tag-canada","13":"tag-canadianbudgetbinder","14":"tag-home-office","15":"tag-japan","16":"tag-money","17":"tag-mr-cbb","18":"tag-organized","19":"tag-overtime","20":"tag-quality-control","21":"tag-time-tracking","22":"tag-tracking-sheet"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Track Your Overtime Hours Or Potentially Risk Losing Money! - Canadian Budget Binder Your Way To Debt-Freedom<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Track Your Overtime Hours Or Potentially Risk Losing Money! - Canadian Budget Binder Your Way To Debt-Freedom\" \/>\n<meta property=\"og:description\" content=\"Tracking your overtime hours is probably the last thing you want to do at the end of a long day at work but let me tell you it&#8217;s worth it. 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