Overtime calculations

Overtime calculations determine extra pay for hours worked beyond a standard workweek, typically 40 hours in the U.S. For non-exempt employees, overtime is usually paid at 1.5 times the regular hourly rate. For example, if your hourly wage is $20, your overtime rate would be $30. To calculate overtime pay, multiply the number of overtime hours worked by the overtime rate. Accurate tracking of work hours is essential, as policies may vary by employer and labor laws. Understanding your rights can help ensure you receive fair compensation for additional work hours.