Overtime Pay & Gross Earnings Formulas
Overtime Hourly Rate
OT Rate = Base Hourly × Multiplier
Overtime Earnings
OT Pay = OT Rate × OT Hours
Total Gross Pay
Gross = Regular Pay + OT Pay
Step-by-Step Calculation Breakdown
Example: $25.00/hr Base Wage with 40 Regular Hours + 8 Overtime Hours at 1.5x
1. Regular Base Pay: 40 hrs × $25.00/hr = $1,000.00
2. Overtime Rate (1.5x): $25.00 × 1.5 = $37.50 / hr
3. Overtime Earnings: 8 hrs × $37.50/hr = $300.00
4. Total Weekly Gross: $1,000.00 + $300.00 = $1,300.00
5. Estimated Tax Withholding (25%): $1,300.00 × 0.25 = -$325.00
Estimated Weekly Take-Home:$975.00 Net Pay ($1,300.00 Gross)
Key FLSA Regulations on Overtime
- Non-Exempt Thresholds: Under Department of Labor regulations, hourly workers and salaried employees earning below the standard salary threshold are entitled to FLSA overtime protections.
- Workweek Definition: An employer's workweek is a fixed and regularly recurring period of 168 hours (seven consecutive 24-hour periods). Overtime cannot be averaged across two weeks unless authorized under specific healthcare exemptions.
- Bonuses in the Regular Rate: Non-discretionary bonuses and commission payments must be factored into the employee's regular hourly rate when determining overtime pay.