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Online Calculators > Financial Calculators > Overtime Calculator
Time and a Half Calculator
Time and a Half Calculator to calculate overtime pay based on regular hourly and overtime rate. Overtime calculator has options to set a custom overtime pay rate or any times the regular hourly rate.
Overtime Pay Calculator
The default value for overtime rate of the overtime pay calculator is 1.5 times the regular rate. You can adjust the rate to anything you want or set a custom overtime hourly rate, and the time and a half calculator will calculate your total payment.
What is overtime?
Overtime is the extra hours that you work on top of your regular hours or shift. The normal workweek is 40 hours per week, any time above 40 hours is considered as overtime or OT and is subject to overtime pay.
How to calculate overtime?
Assume your overtime rate is 1.5 times your regular hourly rate, following is the overtime formula on how to calculate overtime pay.
What is time and a half pay?
Overtime pays police differ from company to company. However, time and a half pay or 50% above your regular rate is the common rate that many companies adopt. For example, if your hourly rate is $20 per hour, the time and half pay mean your overtime pay is $30 per hour for any extra work that you work over 40 hours.
How to calculate time and a half?
The time and half formula is given below that shows you how to calculate time and a half pay.
How to use the Overtime Calculator?
Instead of doing the overtime pay calculation manually, you can use our online overtime calculator to do the calculations quickly.
Seguiring is a quick overtime table that shows you how much you OT you should get paid based on your hourly rate and assuming your overtime rate is 1.5 times your regular pay.
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