overtime calculation

Overtime calculation involves determining pay for hours worked beyond a standard workweek, typically 40 hours in the U.S. Regular hourly wage is used for the first 40 hours. For hours worked beyond this threshold, employees generally earn time-and-a-half, meaning their overtime pay rate is 1.5 times their regular hourly wage. For example, if someone earns $20 per hour and works 45 hours, they receive $800 for the first 40 hours and $75 for the 5 overtime hours ($20 x 1.5). This results in a total of $875 for the week. Overtime rules may vary by region and employer.