Enter the actual minute the employee clocks in or out into the calculator to determine the rounded time. This calculator can also evaluate any of the variables given the others are known.
7 Minute Rule Formula
The following formula is used to calculate the rounded time based on the 7 Minute Rule.
RT = (M + 7) / 15 * 15
Variables:
- RT is the rounded time (minutes)
- M is the actual minute the employee clocks in or out
To calculate the rounded time, add 7 to the actual minute the employee clocks in or out. Divide the result by 15 and round it to the nearest whole number. Multiply the rounded result by 15 to get the final rounded time.
What is a 7 Minute Rule?
The 7 Minute Rule is a timekeeping method often used in workplaces for payroll purposes. It is used to round an employee’s arrival and departure times to the nearest quarter of an hour. For example, if an employee clocks in at 8:07, their time would be rounded to 8:00; if they clock in at 8:08, it would be rounded to 8:15. The same rule applies for clocking out. This method is used to simplify payroll calculations and is considered legal as long as it is used consistently and fairly for all employees.
How to Calculate 7 Minute Rule?
The following steps outline how to calculate the 7 Minute Rule:
- First, determine the actual minute the employee clocks in or out (M).
- Add 7 minutes to the actual minute (M + 7).
- Divide the result by 15 (M + 7) / 15.
- Multiply the result by 15 [(M + 7) / 15 * 15].
- Round the final result to the nearest whole number to get the rounded time (RT).
Example Problem:
Use the following variables as an example problem to test your knowledge:
Actual minute (M) = 23
Apply the formula:
RT = (M + 7) / 15 * 15
RT = (23 + 7) / 15 * 15
RT = 30 / 15 * 15
RT = 2 * 15
RT = 30
Therefore, the rounded time (RT) is 30 minutes.
