Loading...
Loading...
Calculate your gross pay (before deductions) including regular and overtime wages.
Regular Pay = Rate ร Hours (up to 40). Overtime Pay = Rate ร OT Hours ร 1.5 (for hours over 40).
Result: Regular: $1,000, OT: $187.50, Gross: $1,187.50
Gross pay is total earnings before deductions. Net pay is take-home after taxes and deductions.
Federal/state taxes, Social Security, Medicare, health insurance, retirement contributions, and garnishments.
Salaried non-exempt employees must have their salary converted to an hourly rate by dividing by 40 hours, then overtime is paid at 1.5x that rate for hours over 40.
Some industries require double-time for holidays or hours beyond a certain limit. Replace the standard 1.5 multiplier with 2.0 for those special overtime calculations.
Freelancer Take-Home Pay Guide: Estimate Income After Taxes and Expenses
Payroll ยท 6 min read
Overtime Pay vs Second Job: Which Gives More Real Income?
Payroll ยท 5 min read
Four-Day Workweek Paycheck Guide: Compare Salary, Hourly Pay and Real Hours
Payroll ยท 6 min read
Hourly to Salary Conversion: How to Calculate Your True Annual Income
Payroll ยท 6 min read
Overtime Pay Calculation Rules: What Employers and Employees Should Know
Payroll ยท 6 min read