OFinance glossary

Overtime

Quick definition

Time worked beyond normal working hours.

Overview

Overtime refers to time worked beyond contractual working hours, usually paid at an enhanced rate.

Common Uses

  • Rewarding extra work
  • Managing workload
  • Seasonal adjustments

Examples in Small Businesses

  • Covering periods of peak demand
  • Maximising output
  • Compensating urgent projects
← Back to glossary
FREE FOREVER PLAN

Start Managing Your Finances for Free

Join 2,500+ businesses using Trezy. Our free plan gives you real financial visibility — upgrade anytime for advanced features like AI forecasting and multi-bank sync.

Free forever plan
No credit card required
Ready in under 5 minutes