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If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...
Employers may pay employees more than one rate of pay, which can make calculating overtime more challenging. Here's a quick guide that can help.
Calculating overtime for hourly employees is usually straightforward. To find the overtime pay, I multiply the regular rate of pay by 1.5 for any hours worked over 40 in a week.
Here’s a look at how to calculate your paycheck, so you’ll understand how your hourly rate or annual salary translates into the sum you see in your bank account each pay period.
Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.