Estimate weekly pay using a weighted regular rate across multiple straight-time rates, or choose a single-rate mode to solve total gross pay, regular hours, hourly rate, overtime hours or multiplier.
Single-Rate Total-Pay Formula
The following original formula computes total gross pay at one hourly rate, not the weighted-average regular rate across different jobs.
Variables:
- WO is total gross pay, including regular and overtime pay ($)
- H is the regular hours worked
- R is the regular hourly rate ($)
- OH is the overtime hours worked
- OR is the overtime rate (usually 1.5 times the regular rate)
For single-rate total pay, multiply regular hours by the hourly rate, then add overtime hours times the hourly rate times the multiplier. Regular hours exclude the separately entered overtime hours. Choose an explicit solve mode rather than leaving an arbitrary field blank.
What Is Weighted Overtime?
For covered nonexempt workers under the usual US federal weighted-average method, divide all straight-time earnings and other includable earnings in one workweek by all hours worked to find the regular rate. Straight-time pay already covers the overtime hours, so add a half-time premium at that unrounded rate for hours over 40. Different laws, exemptions, exclusions and valid alternative agreements may change the calculation; this estimate does not determine legal eligibility or minimum wages.
How to Calculate Weighted Overtime?
The steps below apply to the preserved single-rate arithmetic modes. In weighted-rate mode, enter matching lists of every hour at each straight-time rate, including overtime hours; optional other includable earnings default to $0.
- First, determine the regular hours worked (H).
- Next, determine the regular hourly rate (R) in dollars.
- Next, determine the overtime hours worked (OH).
- Next, determine the overtime rate (OR), usually 1.5 times the regular rate.
- Finally, calculate total gross pay using WO = (H * R) + (OH * (R * OR)). The weighted-rate mode uses the different method described above.
- 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.
regular hours worked (H) = 40
regular hourly rate (R) = $15
overtime hours worked (OH) = 10
overtime rate (OR) = 1.5. The single-rate total is (40 ร $15) + (10 ร $15 ร 1.5) = $825.00.
