Time And a Half Calculator

Time And a Half Calculator

Standard daily pay: Hours worked Weekly: Hours worked at time and a half: Calculate

What Is Time and a Half?

For each hours an employee work extra from the base line of 40 hours a week they earn 1.5 times more than the regular hourly pay rate. This is known as the Time and Half pay rate, also it can be called overtime pay. In simple word for every hour that someone works extra time each of this hours is paid 50% more than the standard hourly pay.

How to Calculate Time and a Half?

Before we jump to step-by-step calculation and  the example, below  you will find the formulas used to calculate pay time for normal pay rate and overtime rate: Overtime Rate = Regular Rate × 1.5 Overtime Pay   = Overtime Rate × Overtime Hours Worked Total Pay = (Regular Rate × Regular Hours) + Overtime Pay

Step-by-Step Calculation:

1. Your standard hourly pay.
2. To calculate your overtime rate, multiply by 1.5.
3. Count hours of overtime.
4. Multiply the overtime rate × overtime hours to get overtime pay

Example to calculate Time and a Half :

1. Regular pay rate = $20 /hr
2. Overtime hours =  5 hours
3. Overtime hourly pay rate =  $20 x 1.5 = $30 /hr
4. Overtime pay = 5 x $30 = $150
5. Weekly pay = ( 40 x $20 ) =$150