Enter the shift premium rate ($/hr) and the hours worked (hrs) into the Calculator. The calculator will evaluate the Shift Premium. 

Shift Premium Formula

SP = SPR * HW

Variables:

  • SP is the Shift Premium ($)
  • SPR is the shift premium rate ($/hr)
  • HW is the hours worked (hrs)

To calculate Shift Premium, multiply the shift premium rate by the hours worked.

How to Calculate Shift Premium?

The following steps outline how to calculate the Shift Premium.

  1. First, determine the shift premium rate ($/hr). 
  2. Next, determine the hours worked (hrs). 
  3. Next, gather the formula from above = SP = SPR * HW.
  4. Finally, calculate the Shift Premium.
  5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

shift premium rate ($/hr) = 50

hours worked (hrs) = 4