Overtime Pay Calculator
Accurately calculate your total earnings including time-and-a-half
Calculation Results
Understanding How Overtime is Calculated
Calculating overtime pay is a critical skill for both employees and employers to ensure fair compensation and compliance with labor laws like the Fair Labor Standards Act (FLSA). Generally, overtime pay is calculated based on a “time-and-a-half” rate for any hours worked beyond a standard 40-hour work week.
The Overtime Calculation Formula
To determine your total gross pay when working overtime, follow these steps:
- Determine Regular Pay: Multiply your regular hourly rate by the number of standard hours (usually 40).
- Calculate Overtime Hours: Subtract the standard hours from your total hours worked.
- Calculate Overtime Rate: Multiply your regular hourly rate by the overtime multiplier (typically 1.5).
- Determine Overtime Pay: Multiply your overtime hours by your overtime rate.
- Total Pay: Add your regular pay and overtime pay together.
Practical Example
Let’s say you earn $20.00 per hour and worked 45 hours in a single week with a 1.5x multiplier:
- Regular Pay: 40 hours × $20.00 = $800.00
- Overtime Hours: 45 – 40 = 5 hours
- Overtime Rate: $20.00 × 1.5 = $30.00
- Overtime Pay: 5 hours × $30.00 = $150.00
- Total Gross Pay: $800.00 + $150.00 = $950.00
Key Considerations
While the standard multiplier is 1.5, some companies or state laws may require “double time” (a 2.0 multiplier) for holidays or working more than 12 hours in a single day. Additionally, some workers are “exempt” from overtime pay based on their job duties and salary level. Always check your local jurisdiction’s specific labor laws to ensure you are receiving the correct compensation.
function calculateOvertimePay() {
var hourlyRate = parseFloat(document.getElementById(‘hourlyRate’).value);
var standardHours = parseFloat(document.getElementById(‘standardHours’).value);
var totalHours = parseFloat(document.getElementById(‘totalHours’).value);
var multiplier = parseFloat(document.getElementById(‘multiplier’).value);
if (isNaN(hourlyRate) || isNaN(standardHours) || isNaN(totalHours) || isNaN(multiplier)) {
alert(“Please enter valid numerical values in all fields.”);
return;
}
var regularPay = 0;
var overtimeHours = 0;
var overtimePay = 0;
var totalPay = 0;
if (totalHours <= standardHours) {
regularPay = totalHours * hourlyRate;
overtimeHours = 0;
overtimePay = 0;
} else {
regularPay = standardHours * hourlyRate;
overtimeHours = totalHours – standardHours;
var otRate = hourlyRate * multiplier;
overtimePay = overtimeHours * otRate;
}
totalPay = regularPay + overtimePay;
document.getElementById('resRegularPay').innerText = "$" + regularPay.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('resOtHours').innerText = overtimeHours + " hrs";
document.getElementById('resOtPay').innerText = "$" + overtimePay.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('resTotalPay').innerText = "$" + totalPay.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('ot-result-box').style.display = 'block';
}