HR tools built by a senior HR executive · United States

Published standard  ·  Assessments  ·  Contact

HR calculator

Overtime vs New Hire Planner

Weigh the cost of covering a recurring overload with overtime against the fully loaded cost of adding a person. Enter the extra hours per week and the pay rates. Then set the benefits load and the one-time cost to hire.

FormatCalculator
Contents4 PDF guides, 1 Excel workbook
UseDownload and keep

$39

  • Editable operating files, not a subscription
  • Immediate access through the secure TrueStep HR store
  • Built and reviewed under the published TrueStep HR standard

Digital products carry a 30-day money-back guarantee. General HR information, not legal advice.

Need it working, not sitting in Downloads?

Add a one-hour setup session · $149

Bring the purchased tool and your live situation. A TrueStep HR practitioner helps you set the inputs, make the first decisions, and leave with a usable next step.

See the Setup Session →

What this closes

A practical system that moves the decision into real work.

Enter the recurring overload in hours per week. The planner weighs a year of overtime against the fully loaded cost of adding one person.

DecisionControl labor cost
IndustryCross-industry
Files4 PDF guides, 1 Excel workbook
ReviewBuilt to the published release checks; sources and change notes sit beside the catalog.

What is inside

Every file in the download, by name.

Taken from the kit’s own Start Here guide, so what you see here is what you open after checkout.

Excel · useOvertime vs New Hire Planner: 6 tabs: Start Here, Decision, Scenarios, Benchmark, Summary, and Notes.
PDF · printQuick Reference: the whole workbook on one page: what each tab is for, what you enter, and how to read the result.
PDF · readUsing This Workbook in Google Sheets: how to upload the file to Google Sheets and exactly what to check afterward.
PDF · keepTrueStep HR Product License: what you may and may not do with the files you purchased.

How to use it

What this workbook does

This workbook answers a recurring question for any manager carrying a steady overload: is it cheaper to keep paying overtime, or to add a person. It compares overtime per year, paid at the premium rate, against the fully loaded annual cost of a new hire, then finds the break-even, the point in weekly overtime hours where the two costs meet. Below the break-even, overtime is cheaper. Above it, on a sustained basis, the hire usually wins. The Scenarios tab weighs several overload situations at once, and the Summary gives the board-

Your first 15 minutesOpen the Overtime vs New Hire Planner workbook in Microsoft Excel or a free equivalent such as LibreOffice. The first tab, Start Here, walks you through every tab. On the Decision tab, enter the recurring extra hours per week and the pay rates, then set the benefits load, the one-time hiring and ramp cost, and the overtime multiplier. The comparison, the break-even, and the cheaper option calculate below. Edit only the amber cells; the white cells calculate for you.
Overtime vs New Hire Planner — the Start Here guide from the download, listing every file and the order to use them.

Before you buy

Clear answers to the practical questions.

The point of a product page is to let you judge the work before checkout.

What exactly do I receive?

4 PDF guides, 1 Excel workbook, each one named in the What is inside section above. The purchase is a download, not a subscription, and the files are yours to keep.

Are these the real screenshots?

Yes. The preview images on this page are taken from the current deliverable, so you can judge the structure and writing before buying.

Can I use the files in my business?

The files are designed to be edited for your own internal operations. Review the included license and have legal counsel check decisions that require jurisdiction-specific advice.

What if I need help applying it?

Use the $149 Setup Session for one hour of implementation help on this tool. TrueStep HR does not offer broader consulting engagements. For a legal question, use qualified counsel.

Extend the system

Build on this decision.

These products address the next connected step in the same situation, operating method, or industry.

Employee Cost Calculator — the 5 files in this download shown as a stack of real pages: Excel + PDF, 14 pages in all.
CalculatorTSHR-001

Employee Cost Calculator

See what an employee costs in full, not just the salary. The workbook adds payroll taxes, benefits, workers’ comp, paid time off, and overhead. It then gives you the fully loaded annual cost, the cost per month, and the real hourly rate.

Labor Burden Rate Calculator — the 5 files in this download shown as a stack of real pages: Excel + PDF, 19 pages in all.
CalculatorTSHR-002

Labor Burden Rate Calculator

Turn a salary into the number you can price and bid against: the fully burdened hourly cost and the multiplier on base pay. Set each employer cost, and the workbook divides the all-in cost across the productive hours you really get.