Dollars Per Hour

How do I calculate my weekly paycheck with overtime?

Multiply the hours in each pay tier by your hourly rate and that tier's multiplier, then add all of the earnings together. Regular time uses the regular multiplier, OT1 uses the first overtime multiplier, and OT2 uses the second overtime multiplier when enabled.

How much is $15 an hour weekly after overtime?

At $15/hour for a standard 40-hour week, gross weekly pay is $600. If you work 45 hours at time and a half after 40, the extra 5 hours pay $22.50 each, so gross pay becomes $712.50.

When does overtime pay start?

Under the federal Fair Labor Standards Act, eligible non-exempt employees generally earn overtime after 40 hours in a workweek. Some states and employer contracts use more generous daily or multi-tier overtime rules.

Why are there two overtime rates?

Some workplaces use a second overtime bracket, such as time and a half after 40 hours and double time after 50 hours. This calculator lets you model both tiers in the same week.

What is the difference between gross pay and net pay?

Gross pay is what you earn before deductions. Net pay is what remains after taxes, Social Security, Medicare, health insurance, retirement contributions, and other withholdings are taken out.

Does this calculator include taxes or take-home pay?

No. It estimates gross weekly earnings only. Tax withholding and deductions vary too much by location and personal filing status to include accurately in this tool.

What does the average hourly rate mean?

The average hourly rate is total weekly gross pay divided by total hours worked. It tells you what you effectively earned per hour across the whole week after blending straight time and overtime.

Can I use this for union or contract overtime schedules?

Yes. The calculator is especially useful when a contract uses multiple multipliers, such as straight time, time and a half, and double time in the same week.