Calculating Overtime Pay Worksheet
FLSA Overtime Pay 39120. Your total pay or gross pay is calculated by adding your overtime pay to your straight-time pay.
Weekly Multiple Employee Timesheet With Overtime Calculation 3 Work Periods Printable Time Sheets F Timesheet Template Time Sheet Printable Schedule Template
Sams total gross earnings.
Calculating overtime pay worksheet. Basic Pay 83720. The blended rate would be determined by the following overtime rate calculation formula. 80050 total hours 16 per hour Therefore 16 per hour is the blended rate.
Regular pay per period. Task cards are leveled. To get the Total Pay we use the above formula in Cell H6 like this.
C B PAPR. Anita Juarez earns 950 for a regular 40-hour work week. The rate of overtime compensation is usually one-and-a-half times the employees regular rate of pay.
Calculate weekly pay for John with a salary of 480 if he works 55 hours per week. Overtime Pay Overtime Rate X Overtime Hours Worked Total Pay Gross Pay Straight-Time Pay Overtime Pay Exampggara Find the total pay. Importantly even if this procedure is adopted and an alternative workweek schedule is adopted the employer still must pay overtime for hours worked in excess of 10 hours per workday or 40 hours in a workweek72.
Click on pop-out icon or print icon to worksheet to print or download. Total pay per period. Overtime Pay 650 44 hours regular rate of 1477 1477 x 15 overtime pay of 2216 per hour 2216 x 4 hours total overtime due of 8864.
05 x 2334 1167. Sunday Premium Pay 4184. Example of a result.
Overtime pay per year. In this instance the regular rate is obtained by dividing the 405 straight-time salary by 45 hours resulting in a regular rate of 900. RHPR Regular hourly pay rate.
Then drag the fill handle over the cells you want to calculate the pay. Calculate the working hours. This weekly rate can also be derived by dividing the annual rate by 52175 Step 3.
Total pay per year. The calculation is based on whether the income trend is determined to be consistent. B A OVWK.
Apply a formula to display the regular working hour first. Worksheets are Casey crewe 6 7 8 7 9 5 3 12 Chapter 1 lesson 1 computing wages Work 33 calculating gross pay with overtime name Applicants benefits calculation work Wages and overtime teacher notes activity description Worked Fact 23 Elements of consumer math. Total compensation in the workweek except for statutory exclusions Total hours worked in the workweek Regular Rate for the workweek.
G C E. OVWK Overtime hours worked. This product includes 30 task cards an answer key to help students practice calculating hourly pay overtime hourly pay.
Fact Sheet 23 provides additional information regarding the calculation of overtime pay. Calculate the overtime hours. F B D.
Total FLSA Overtime Pay 39120 25116 14004. Fluctuate each pay period Alignment of income calculation requirements for all fluctuating employment income types hourly base overtime bonus commission and tips. Weekly Rate divide result of step 1 by 2087 and then multiply by 40 ___________ 2087 x 40 ______________.
Annual Rate of Basic Pay at time of separation _______________. Genworth Income Calculation Worksheet Calculating Income 42. F6H6 G6H615 To breakdown the formula F5H5 calculates the pay for the regular hours and G5H515 calculates the pay for working overtime.
One-half x Hourly Regular Rate of Pay x All Overtime Hours Worked. The formula to compute the regular rate is. The premium pay for overtime is then half of 16 8 multiplied by the 10 overtime hours for a total of 80.
Night Pay 8360. ABC company stipulates a 45 hour week and the overtime is paid as 150 times the regular pay. PAPR Pay period 52 for Weekly 26 for Bi-Weekly or 12 for Monthly.
The more stars that are filled in the more challenging the question. E D PAPR. 20 hours X 20 20 hours X 15 10 hours X 10 800.
Some of the worksheets for this concept are Chapter 1 lesson 1 computing wages Wages and overtime teacher notes activity description Calculating gross and weekly wages work Hourly and overtime pay version 2 and answer keys Wage calculation work 312 Casey crewe 6 7 8 7 9 5 3 12 Wages and salaries 4597 Average weekly wage work. Calculating Work Hours And Wages - Displaying top 8 worksheets found for this concept. By adding these two we get the total pay.
Students are given a variety of ques. OVTM Overtime multiplier. To calculate the overtime hour and payment you can do as below.
Total Weekly Pay 135384 83720 8360 4184 39120. Some of the worksheets for this concept are Casey crewe 6 7 8 7 9 5 3 12 Chapter 1 lesson 1 computing wages Work 33 calculating gross pay with overtime name Applicants benefits calculation work Wages and overtime teacher notes activity description Worked Fact 23 Elements of consumer math. RHWK Regular hours worked.
The employee is then due additional overtime computed by multiplying the 5 overtime hours by one-half the regular rate of pay 450 x 5 2250. 650 8864 73864. Overtime pay per period.
Stars are at the bottom of each card. Outtime-intime24 for instant D5-C524. D RHPR RHWK.
Press Enter key the total pay has been calculated. Regular pay per year. 1167 x 12 hours 14004.
In cell F1 enter this formula IF C2-B2 E2-D22488 C2-B2 E2-D224 and drag auto fill handle down to display the regular working hour of each day. Calculating Overtime Displaying top 8 worksheets found for - Calculating Overtime. Overtime Wages - Displaying top 8 worksheets found for this concept.
Some of the worksheets for this concept are Wage calculation work 312 Calculating gross and weekly wages work Hourly and overtime pay version 2 and answer keys Chapter 1 lesson 1 computing wages How to determine Calculating your paycheck pieceworkproduction work 2 Wages and salaries 4597 Average weekly wage work. Workinghours-regular for instant E5-F5.
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