Use this calculator to determine your time and a half overtime rate and total overtime earnings. Enter your regular hourly rate and overtime hours worked below.
Time and a half pay is a common method of compensating employees for overtime work. Understanding how to calculate time and a half is essential for both employers and employees. This guide will walk you through the process of calculating time and a half pay.
The basic formula to calculate time and a half pay is:
$$OvertimeRate = RegularRate \times 1.5$$
$$OvertimePay = OvertimeRate \times OvertimeHours$$
Where:
Let's calculate time and a half pay with the following details:
$$OvertimeRate = $20 \times 1.5 = $30 \text{ per hour}$$
$$OvertimePay = $30 \times 5 \text{ hours} = $150$$
For a regular hourly rate of $20:
This bar chart illustrates the difference between the regular hourly rate and the time and a half overtime rate in our example calculation.