Overtime Calculator - Calculate Overtime Pay for Hourly Workers
Free calculator to determine how much you'll earn for working extra hours including regular pay, overtime pay, and total compensation with time and a half calculations
Overtime Calculator
Results
What is an Overtime Calculator?
An Overtime Calculator is a free financial tool that helps hourly workers calculate their total pay including overtime compensation. It determines how much you'll earn for working extra hours beyond your regular schedule at the applicable overtime rate.
This calculator works for:
- Hourly employees - Calculate pay for regular and overtime hours
- Payroll verification - Check if your paycheck includes correct overtime amounts
- Budget planning - Plan finances based on expected overtime income
- Employer compliance - Ensure proper overtime compensation for employees
- Job comparison - Compare positions with different overtime opportunities
How Overtime Calculator Works
The calculation uses the formulas:
Where:
- Hourly Rate = Your regular hourly wage
- Regular Hours = Hours worked at standard rate (typically up to 40 hours/week)
- Overtime Hours = Hours worked beyond regular hours
- Overtime Rate = Multiplier for overtime pay (typically 1.5 for time and a half)
Key Overtime Concepts Explained
Time and a Half
Overtime pay at 1.5 times your regular hourly rate for hours worked beyond 40 in a workweek.
Double Time
Pay at twice your regular hourly rate, sometimes offered for holidays or special circumstances.
How to Use This Calculator
Enter Hourly Rate
Input your regular hourly wage (e.g., $20.00)
Add Regular Hours
Enter hours worked at standard rate (e.g., 40 hours)
Add Overtime Hours
Enter extra hours worked (e.g., 5 hours)
View Results
See your total pay including overtime compensation
Benefits of Using This Calculator
- • Pay Verification: Confirm your employer is calculating overtime correctly for accurate compensation.
- • Financial Planning: Plan budgets and savings based on expected overtime income for better money management.
- • Job Comparison: Compare positions with different overtime opportunities to maximize earning potential.
- • Compliance: Ensure employers meet overtime requirements to avoid legal issues and penalties.
Factors That Affect Your Results
1. Hourly Rate Accuracy
Ensure you enter your actual hourly wage, not an average or projected rate.
2. Hours Worked
Accurately count both regular and overtime hours for each pay period.
3. Overtime Rate
Use the correct multiplier (1.5 for time and a half, 2.0 for double time).
Frequently Asked Questions (FAQ)
Q: How is overtime pay calculated?
A: Overtime pay is typically calculated at 1.5 times your regular hourly rate for hours worked over 40 in a workweek. For example, if your regular hourly rate is $20 and you work 45 hours in a week, you would earn $20 × 40 = $800 for regular hours plus $30 × 5 = $150 for overtime hours, for a total of $950.
Q: What is the standard overtime rate?
A: The standard overtime rate is 1.5 times your regular hourly wage, also known as 'time and a half'. Some employers may offer higher rates for overtime work, such as double time (2.0 times regular rate) for certain holidays or special circumstances.
Q: Are all employees eligible for overtime pay?
A: No, not all employees are eligible for overtime pay. Exemptions typically include executive, administrative, and professional employees who meet specific criteria, as well as some commissioned salespeople and certain computer professionals. Eligibility depends on your job duties and salary level according to the Fair Labor Standards Act (FLSA).
Q: Can I calculate overtime for different pay periods?
A: Yes, our calculator works for any pay period. Simply enter your regular hourly rate, the number of regular hours worked in your pay period, and the number of overtime hours worked. The calculator will compute your total pay including overtime at the appropriate rate.
Q: What is the maximum number of hours I can work in a week?
A: There is no federal limit on the number of hours an employee aged 16 or older can work in a week. However, you must be paid overtime for hours worked over 40 in a workweek at a rate of at least 1.5 times your regular rate of pay.
Q: How is the effective hourly rate calculated?
A: The effective hourly rate is calculated by dividing your total pay (regular + overtime) by the total number of hours worked. This gives you an average rate per hour that accounts for both regular and overtime compensation.