Not saying this is right or proper... but if you are in the U.S. then this was almost certainly about corporate tax reporting. Your salary may or may not be deductible from the company's business tax, depending on whether your work is classified as an "operational" or "capital" expense.
Different companies are more or less zealous in how they collect documentation for these tax deductions. I've worked for companies where management just "handles it", and it's invisible to employees. I've worked for companies that not only make salaried employees log hours, but also do separate them by project code (with some codes being "operational" and other "capital").
Different companies are more or less zealous in how they collect documentation for these tax deductions. I've worked for companies where management just "handles it", and it's invisible to employees. I've worked for companies that not only make salaried employees log hours, but also do separate them by project code (with some codes being "operational" and other "capital").