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Finance • Overtime & Time-and-a-Half Pay Calculator

Overtime & Time-and-a-Half Pay Calculator

Calculate overtime pay at time-and-a-half (1.5×) or double time (2×) rates, plus total pay including regular hours.

Overtime Rate
$33.00/hr
Overtime Pay
$198.00
Total Pay
$1078.00
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Calculation Guide & Reference

Overtime Pay & Time-and-a-Half Mathematics

Overtime calculator computes time-and-a-half (1.5×) or double time (2×) pay rates and total paycheck from regular and overtime hours worked.

Standardized Mathematical Formula
Overtime Pay = Hourly Rate × Multiplier × Overtime Hours

US federal law (FLSA) generally requires 1.5× ("time-and-a-half") pay for hours worked beyond 40 in a week for non-exempt employees. Some union contracts or holiday work use 2× ("double time"). Total pay combines regular-rate pay for standard hours plus the boosted rate for overtime hours.

Variables:
Hourly Rate:Your standard hourly wage
Multiplier:1.5 for time-and-a-half, 2.0 for double time
Overtime Hours:Hours worked beyond the standard threshold (typically 40/week)
How It Works (Step-by-Step)
  • 1Enter your regular hourly rate, the overtime multiplier (1.5× or 2×), and your regular and overtime hours.
  • 2View your overtime rate, overtime pay, and total pay for the period.
Real-World Numerical Example
$22/hr with 6 Overtime Hours at Time-and-a-Half

An employee earns $22/hour, works 40 regular hours plus 6 overtime hours at time-and-a-half.

•Overtime rate: $22 × 1.5 = $33/hour.
•Regular pay: $22 × 40 = $880.
•Overtime pay: $33 × 6 = $198.
•Total pay: $880 + $198 = $1,078.
Result: Total pay for the week is $1,078, including $198 of overtime pay.
Calculation Best Practices & Tips
Distinguish between Nominal Interest Rate (APR) and Effective Annual Yield (APY) when comparing loans or investments.
Small additional monthly principal payments on mortgages can dramatically shorten amortization schedules and save tens of thousands in cumulative interest.
Factor in inflation when forecasting long-term investment purchasing power over 10-30 year time horizons.

Frequently Asked Questions (FAQ)

It means 1.5 times your regular hourly rate — the standard overtime premium required by US federal law (FLSA) for eligible employees working more than 40 hours in a week.

Double time (2× pay) isn't federally mandated but is common in union contracts, some state laws (like California, for hours beyond 12 in a day), and for holiday work — check your specific employment contract or state law.

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