Overtime Pay Calculator — Formula
## How Overtime Pay Is Calculated
Overtime pay applies to hours worked beyond the standard threshold (usually 40 hours/week). The overtime rate is typically 1.5x the regular hourly rate.
### Formula
**Total = (Regular Hours x Hourly Rate) + (OT Hours x Hourly Rate x OT Multiplier)**
Overtime pay applies to hours worked beyond the standard threshold (usually 40 hours/week). The overtime rate is typically 1.5x the regular hourly rate.
### Formula
**Total = (Regular Hours x Hourly Rate) + (OT Hours x Hourly Rate x OT Multiplier)**
Exemplo Resolvido
You earn $22/hr, work 40 regular hours and 10 overtime hours at 1.5x.
- Regular pay = $22 x 40 = $880.00
- OT rate = $22 x 1.5 = $33.00
- Overtime pay = $33 x 10 = $330.00
- Total weekly pay = $880 + $330 = $1,210.00