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Total pay including overtime hours at a higher rate.
Free to use, no sign-up required. Overtime Pay is one of 198 tools built into Xenition, alongside a chat that can use them for you.
Calculates a week’s pay when some hours are paid at a higher overtime rate, such as time and a half, and projects it to a month and a year.
Regular pay = base rate × regular hours. Overtime pay = base rate × multiplier × overtime hours. The monthly figure is weekly total × 52 ÷ 12 and the yearly figure is weekly total × 52. You decide which hours count as overtime; the tool does not apply a 40-hour or daily threshold for you, and it does not deduct tax.
At 20 an hour with 40 regular hours and 5 overtime hours at 1.5×, regular pay is 800, overtime pay is 20 × 1.5 × 5 = 150, and the week totals 950. At that pace, that is about 4,116.67 a month and 49,400 a year.
It depends on where you work. In the US, federal law requires 1.5× pay for non-exempt hours over 40 in a workweek; some states and countries also count daily overtime.
Yes. A multiplier of 1.5 pays each overtime hour at the base rate plus half again, so 20 an hour becomes 30.
You do not have to open Overtime Pay to use it. Ask Xenition in plain language and it runs the right tool, then carries the answer into whatever you are working on — a document, a spreadsheet, a deck.