Free HR calculator
Overtime Pay Calculator
Total pay for a workweek under the federal rule: time and a half for hours over 40. It also folds a weekly bonus into the regular rate, which the law requires and many employers miss.
Before you start
What you will need. Regular hourly rate, Hours worked this week, Nondiscretionary bonus this week, Overtime threshold
The workweek
Total pay for the week
How the pay breaks down
The method
How overtime pay is calculated
The federal Fair Labor Standards Act sets the floor. Nonexempt employees earn at least one and a half times their regular rate for hours worked over 40 in a single workweek. Overtime is figured per workweek, not per pay period or per day.
How this is calculated
The regular rate is not always the hourly wage
The regular rate is total straight-time pay divided by hours worked, so it includes nondiscretionary bonuses like production or attendance pay. Leaving a bonus out understates overtime and is a frequent source of back-pay claims. This tool adds the bonus to the rate for you.
Straight time plus a premium
One clean way to see it. Pay every hour at the base rate, add any bonus, then add an extra half of the regular rate for each overtime hour. That extra half is the overtime premium.
Carry this into the decision
Is steady overtime telling you to hire?
When the same overtime shows up week after week, the real question is whether a new hire would cost less. The Overtime vs New Hire Calculator weighs the true cost of both and shows your break-even.
$39. 30 days. Reply to your receipt or email support@truestephr.com for a full refund. No form or explanation is required, and you keep the files.
Related
More free tools and the notes behind them
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
Put your own numbers in and read the result on screen.
This tool estimates from the figures you enter. It is general information rather than legal, tax, or accounting advice, so check the result against your own records before you rely on it.