Enter the regular worktime &, pay details to find what additional amount you will earn for working extra time.
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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 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.
HOP = m * HRP
Where,
You should have an exact figure of your hourly overtime to find the total overtime precisely:
OP = n * HOP
Where,
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,
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:
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.
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:
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.
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 |
According to the US federal government, it's necessary for a salaried person to fulfill any of the following conditions to get overtime:
Some states may have their laws regarding overtime eligibility for salaried workers
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.
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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