How do I calculate my overtime pay?
To calculate your overtime pay, first determine your regular hourly rate. Overtime is typically paid at 1.5 times that rate.
What if I worked 50 hours this week?
If you worked 50 hours, that means you have 10 hours of overtime. Multiply your regular hourly rate by 1.5 and then multiply that by 10.
Can you give me an example with a $20 hourly rate?
Sure! If your hourly rate is $20, your overtime rate would be $30. For 10 hours of overtime, you'd earn $300.
Are there any laws about overtime pay?
Yes, overtime laws vary by country and state. In the U.S., the Fair Labor Standards Act (FLSA) governs overtime pay.
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