Companies use monthly timesheets for a variety of important reasons. The most obvious reasons is that some businesses pay their employees once a month. This can include, in house employees, remote workers, and outside contractors. Monthly timesheets can also be used to get a wide angle view of overall labor costs. Whatever the reason, however, the monthly timesheet templates available for free download below should prove invaluable in calculating your company payroll and other expenses.
The Value of Monthly Timesheet Templates
There a number of benefits to using monthly timesheet templates. In addition to calculating payroll, these templates can also track things like employee travel time, the number of hours worked on a specific project, and the total monthly amount of hours worked for a specific team of employees.
In other words, monthly timesheet templates aren’t just used to calculate an individual employee’s payroll. They’re also used to track billable client hours and allow for better project management. Lastly, monthly timesheets often prove very useful HR departments. It helps them with perform labor and work activity analyses, as well as workforce planning.
Time Clock Wizard’s Monthly Timesheet Templates
At the bottom of this page, you’ll find six types of monthly timesheet templates. Each of these is available for free download in the Excel, PDF, and Word formats. And while there are areas of overlap in their various functions, each of these templates is most useful for a different type of work situation.
Take a close look at all six of the templates below and download all the ones you think will be useful. We’re certain it won’t take you very long to see both their benefits and their limitations.