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Overtime Calculator

Enter the regular worktime &amp, pay details to find what additional amount you will earn for working extra time.

Regular Worktime

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Overtime

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Overtime Calculator:

Use this overtime calculator to estimate how much extra amount you will earn for exceeding your standard working hours. It will take your regular work time and overtime details to make calculations for your overtime pay. Once the details are provided, this calculator will calculate:

  • Overtime Pay
  • Total Overtime Pay
  • Total Regular Pay
  • Total (Regular pay + Overtime Pay)

What Is Overtime (OT) Pay?

Overtime pay is the extra cash an employee earns by working out of their typically scheduled work hours. The Fair Labor Standards Act (FLSA) states working above 40 hours in a workweek is considered overtime.

Keep in mind the overtime rate should not be less than one and a half times your regular rate of pay. It's the minimum figure, which is also outlined in the FLSA Act. However, an employee can have a higher rate of OT.

Formulas For Overtime Pay:

HOP = m * HRP

Where,

  • HOP = Hourly overtime payment
  • m = multiplier (typically 1.5)
  • HRP = Hourly regular payment

You should have an exact figure of your hourly overtime to find the total overtime precisely:

OP = n * HOP

Where,

  • OP = Overtime pay
  • n = number of overtime hours per month
  • HOP = Hourly overtime payment

Now, If you want to calculate the total salary for the month, then you need to add overtime pay to your regular salary:

TP = RP + OP

Where,

  • TP = Total pay
  • RP = regular pay
  • OP = Overtime pay

How To Calculate Overtime Pay?

  • Identify Your Regular Hourly Pay Rate: This is the basic pay that you get for each hour
  • Determine Your Overtime Threshold: It’s the set number of working hours per week(Usually 40 hours) under the Fair Labor Standards Act (FLSA)
  • Calculate Overtime Hours: Find your total overtime hours by subtracting the workweek hours from the total hours worked in each week of the month
  • Multiply Overtime Hours by Overtime Pay Rate: The common rate is time and a half (1.5 times the regular hour rate) for overtime. Multiply the regular hour pay rate with the overtime multiplier to get the overtime pay rate. Now multiply the result by the overtime hours
  • Add Overtime Pay to Regular Pay: Sum the overtime pay and the regular pay to get the total pay

Example:

In May, John worked diligently, clocking in 40 hours of overtime in addition to his regular 160 hours per month. His hourly wage stands at $10, with an overtime multiplier of 1.5. Find John’s overtime pay and total pay.

Solution:

Given that:

  • Overtime Hours = 40 hour
  • Regular Hours = 160 hours
  • Pay Per Hour = $10
  • Overtime Multiplier = 1.5

Calculations:

Calculate Regular Pay per Period (RP):

Regular Pay per Month = Regular Hourly Pay Rate * Standard Work Hours per Month

Regular Pay per Month = $10/hour * 160 hours/month

Regular Pay per Month = $1600

Determine Overtime Pay Rate (OTR):

Overtime Pay Rate = Regular Hourly Pay Rate * Overtime Multiplier

Overtime Pay Rate = $10/hour * 1.5

Overtime Pay Rate = $15/hour

Calculate Overtime Pay (OT):

Overtime Pay = Overtime Pay Rate * Number of Overtime Hours

Overtime Pay = $15/hour * 40 hours

Overtime Pay = $600

Total Pay:

Total Pay = Regular Pay per Month + Overtime Pay Total Pay = $1600 + $600

Total Pay = $2200

However, John's overtime pay for May is $600, and his total pay, including overtime, is $2200.

Want to Calculate overtime without remembering these formulas, simply navigate with the above-given overtime pay calculator that does all within seconds.

Who Can Use The Overtime Calculator?

This calculator serves as a useful tool for employees who want to understand and calculate their overtime. Take a look at the following points to understand how it is beneficial for different users:

  • Employees(Hourly and Salaried): It helps you to find out the additional pay for overtime hours. No matter whether you get an hourly wage or a fixed salary every month
  • Freelancers and Contractors: If you are working on an hourly wage as a freelancer or a contractor, this calculator can help you calculate the extra pay if the scheduled hours are exceeded
  • Employers: The employers (business owners & managers) can use it to calculate the exact overtime pay as compensation for the extra hours that the employees have worked
  • Anyone Unsure of Overtime Calculations: If you do not know how to calculate overtime pay or are unsure whether you are getting the right amount or not then, try the OT calculator and get the calculations

Rules For Overtime:

  • Balancing Factors: The number of working hours is set for a particular job to balance employee well-being, productivity, and other economic factors. Studies suggest the human organism cannot maintain the same productivity level after extended work periods. In the 8 or 10th hour of work, the productivity of an employee can not be the same as it was at the start of the shift
  • Common Standard: People get tired over a long workday, so most jobs have a standard number of hours (usually 8 hours a day and 40 hours a week)
  • Legal Protections: In many countries of the World, labor law protects employees from being forced to work long hours. They have established regulations for the compensation of the employee's overtime

What Is Time And A Half?

In the United States, a common federal minimum overtime rate is time and a half. Time and a half is an increased rate of pay that remains reserved for each hour worked over 40 in a workweek. It means you receive one and a half times(1.5) your regular hourly rate for every extra hour. It's a way to compensate for the extra time and effort of the employees. Today, Time and a half is the common rate in various industries such as retail, care work, etc. But, not all companies have the same policies.

Note: This is a federal law, some states might have different laws, and certain job categories might be exempt from overtime pay requirements.

Overtime Pay Chart:

Regular Pay Time and a Half Pay Double Time Pay
  (Overtime pay Multiplier =1.5) (Overtime pay Multiplier = 2)
$10 $15.00 $20.00
$11 $16.50 $22.00
$12 $18.00 $24.00
$13 $19.50 $26.00
$14 $21.00 $28.00
$15 $22.50 $30.00
$16 $24.00 $32.00
$17 $25.50 $34.00
$18 $27.00 $36.00
$19 $28.50 $38.00
$20 $30.00 $40.00
$21 $31.50 $42.00
$22 $33.00 $44.00
$23 $34.50 $46.00
$24 $36.00 $48.00
$25 $37.50 $50.00
$30 $45.00 $60.00
$35 $52.50 $70.00
$40 $60.00 $80.00

FAQs:

Do Salaried Employees Get Overtime Pay?

According to the US federal government, it's necessary for a salaried person to fulfill any of the following conditions to get overtime:

  • Salary Threshold: According to the Fair Labor Standards Act (FLSA) before July 1, 2024, the minimum current pay is $684 per week (equivalent to $35,568 per year) but as of July 1, 2024, the amount of $43,888 will be the minimum annual salary for the white-collar exemption
  • Exempt Jobs: Some jobs fall under different exempt categories such as police, paramedics, and firefighters

Some states may have their laws regarding overtime eligibility for salaried workers

What Type of Jobs Are Excluded From the Overtime Pay?

  • Executive Employees
  • Managerial Employees
  • Administrative Employees
  • Professional Employees
  • Outside Sales Employees
  • Certain Computer and IT Employees

Can Part-Time Employees Receive Overtime?

Yes, part-time employees are eligible for overtime pay under the FLSA. They accrue overtime hours just like full-time employees, but only after exceeding 40 hours worked in a single workweek.

Reference:

From the source of Wikipedia: Time off in lieu, Overtime laws by jurisdiction, Federal overtime law, Protections, Statistics

From the source of Sage Advice: calculate overtime pay, overtime after 8 hours or 40 hours, Do salaried employees get overtime pay?

From the source of Ontario: When an employee does two kinds of work, Calculating overtime pay, Hourly paid employees, Employees on a fixed salary.

Other Languages:  حاسبة الاوفر تايم, Tính Lương Tăng Ca, 残業代 計算, Calculadora Horas Extras, Calcul Heures Supplémentaires, Calculadora De Horas Extras, Überstunden Rechner, Kalkulator Nadgodzin, Kalkulator Lembur, Mesai Hesaplama.

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