Hourly Payroll Calculator

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Hourly Payroll Calculator

Calculate gross pay, taxes, and net take-home pay

Payroll Summary

Regular Pay: $0.00
Overtime Pay: $0.00
Gross Pay: $0.00
Estimated Taxes: -$0.00
Other Deductions: -$0.00
Net Take-Home Pay: $0.00
function calculatePayroll() { var hRate = parseFloat(document.getElementById('hourlyRate').value); var rHours = parseFloat(document.getElementById('regHours').value); var oHours = parseFloat(document.getElementById('otHours').value) || 0; var oMult = parseFloat(document.getElementById('otMultiplier').value) || 1.5; var tRate = parseFloat(document.getElementById('taxPercent').value) || 0; var otherDed = parseFloat(document.getElementById('deductions').value) || 0; if (isNaN(hRate) || isNaN(rHours) || hRate <= 0 || rHours 0 ? netPay : 0).toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('payrollResult').style.display = 'block'; }

Understanding Your Hourly Payroll Calculation

Managing finances as an hourly employee requires a clear understanding of how your gross earnings transform into your actual take-home pay. This Hourly Payroll Calculator simplifies the process by accounting for regular hours, overtime, and mandatory deductions.

How the Calculation Works

The payroll process is broken down into four primary steps:

  1. Gross Regular Earnings: This is your base hourly rate multiplied by the standard hours you worked (usually up to 40 per week).
  2. Overtime Pay: If you worked beyond standard hours, the calculator applies your overtime multiplier (commonly 1.5x, also known as "time and a half") to those extra hours.
  3. Tax Withholding: This estimates the amount of money withheld for federal, state, and local income taxes, as well as Social Security and Medicare (FICA).
  4. Net Pay: Often called "take-home pay," this is the final amount you receive after all taxes and voluntary deductions (like health insurance or retirement contributions) are removed.

Realistic Example:

Let's say you earn $30.00 per hour and worked 45 hours this week with a 15% tax rate and $20 for health insurance deductions:

  • ✅ Regular Pay: 40 hours × $30.00 = $1,200.00
  • ✅ Overtime Pay: 5 hours × ($30.00 × 1.5) = $225.00
  • ✅ Total Gross: $1,425.00
  • ✅ Estimated Tax (15%): $213.75
  • ✅ Total Deductions: $20.00
  • 💰 Net Pay: $1,191.25

Why Use an Hourly Payroll Calculator?

Accuracy in budgeting starts with knowing exactly what is coming into your bank account. By using this tool, you can verify your employer's paystubs for accuracy, plan for upcoming bills based on variable hours, and understand how a raise or overtime might impact your actual spending power.

Note: This tool provides an estimate based on your inputs. Actual tax withholdings vary depending on filing status, exemptions, and specific state laws.

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