Overtime pay is an important topic for both workers and employers. Knowing how to calculate it correctly can help ensure fair ...

Calculate their overtime pay: Multiply the overtime rate by the number of overtime hours worked, which is $30.00 x 10 = $300.00. In this case, the employee will receive their regular pay of $800 ...

An employee's overtime pay rate must be at least 1.5 times their standard wage. For example, an employee earning $15 per hour would be paid $22.50 per hour for the overtime hours worked.

Using the time-and-a-half rule of thumb, you’d calculate overtime pay by multiplying an employee’s hourly rate by 1.5 and then multiplying the result by the number of overtime hours they worked.

While most overtime schedules start at 40 hours per week, you can calculate daily overtime as anything over eight hours. California sets a second threshold if an employee works more than 12 hours.

Step 2: Calculate the overtime pay rate: Overtime pay rate = Blended regular rate x 1.5 = 24.38 x 1.5 = 36.57 The overtime pay rate is $36.57 per hour. Step 3: Calculate the overtime pay for 8 hours: ...

How to calculate Calculating take-home pay as a percentage of gross pay. Take-home pay is fairly easy to determine — it's simply the amount of money you receive on your paycheck.