Overtime Calculator
Free overtime calculator. Calculate regular pay, overtime pay, total earnings, and effective hourly rate. Supports configurable overtime multiplier for any country.
About This Calculator
Our Overtime Calculator helps employees and employers quickly calculate overtime pay based on regular hours, overtime hours, and the overtime multiplier. Whether you are using the standard 1.5x or a different multiplier, this tool provides accurate results.
Understanding overtime calculations is essential for both employees tracking their earnings and employers managing payroll budgets. The calculator also shows the effective hourly rate including overtime.
Frequently Asked Questions
How to calculate overtime pay?
Overtime pay is calculated by multiplying the regular hourly rate by the overtime multiplier (typically 1.5x or time-and-a-half) and then by the number of overtime hours worked.
What is the standard overtime rate?
The standard overtime rate in most countries is 1.5x the regular hourly rate (time-and-a-half). In the US, FLSA requires 1.5x for hours beyond 40 per week.
Is overtime taxable?
Yes, overtime pay is fully taxable as regular income. It is subject to federal income tax, Social Security, Medicare, and state income tax where applicable.
What is the difference between overtime and comp time?
Overtime pays extra for additional hours worked, while comp time gives paid time off instead of overtime pay. Comp time is common in government positions.
Who is eligible for overtime pay?
Non-exempt employees are eligible for overtime pay. Exempt employees (salaried professionals, executives earning above a threshold) are not entitled to overtime.
How to calculate effective hourly rate with overtime?
Effective hourly rate = Total Pay / Total Hours Worked. This shows your blended hourly rate including both regular and overtime earnings.