Calculating Overtime Pay Worksheet. Calculate regular rate of pay by dividing salary by total hours worked. Regular pay rate x 1.5 x 5 hours = overtime pay step 3.
Calculating Overtime Pay Worksheet —
Web calculate overtime working hours. The overtime hours are calculated by subtracting the regular working hours from total working hours. $22.16 x 4 hours = total overtime due of $88.64; $650 ÷ 44 hours = regular rate of $14.77; $14.77 x 1.5 = overtime pay of $22.16 per hour; Calculate regular rate of pay by dividing salary by total hours worked. Web once you know how many hours you owe them, here’s how you calculate the money you owe: Web under normal circumstances, the employers simply pay the piece rate, but when overtime is worked, they generally must take these additional steps: Regular pay rate x 40 hours = regular pay step 2. Divide the piece rate earnings by the number of hours worked to.
The formula is put in cell g6: Divide the piece rate earnings by the number of hours worked to. Web calculate overtime working hours. Regular pay rate x 1.5 x 5 hours = overtime pay step 3. $14.77 x 1.5 = overtime pay of $22.16 per hour; Regular pay rate x 40 hours = regular pay step 2. $650 ÷ 44 hours = regular rate of $14.77; Calculate regular rate of pay by dividing salary by total hours worked. The formula is put in cell g6: The overtime hours are calculated by subtracting the regular working hours from total working hours. $22.16 x 4 hours = total overtime due of $88.64;
