Hello topset,
How many hrs overtime do you get each week and what is your base rate ?
so i get overtime at a rate of 1.5x hourly rate after 40 hours. i work 61.50 hours and get paid x amount of dollars one week. the next week instead of a pay rate raise, my employer pays me an extra $52. how do i figure out how much my hourly rate raises after adding the $52 into my gross pay?
Per your example you are not getting a 1.5 OT rate
40hrs @ 22/hr = $880
21.5 hrs @ 33/hr = 709.50 ( you get 52 )
Google overtime US Dept of Labor
Extra pay for working weekends and nights is a matter of agreement between employer and employee
i meant i received $52 on top of that. i grossed 1589.50 for those hours worked. i m trying to figure out how that raises my hourly rate.
in other words johnny grossed 1589.50 for 61.50 hours. 21.50 of those hours were paid at 1.5x the hourly rate. 40 hours were paid at the hourly rate. what is johnny's hourly rate?
how about this.....
I gross $1756.68 for 65.25 hours worked.
Overtime after 40 hours. First 40 paid at the hourly rate, overtime paid at 1.5x hourly. Given this information what is the formula to figure out my hourly rate?
I get paid on a "production plan" and I am trying to figure out what my hourly rate would be if I was a traditional hourly worker with OT after 40 hours.
the only difference between you and a typical worker is that you get a $ 52 kicker for any overtime.
formula for average pay Regular 40 * 22 = $ 880
Overtime hrs * 33 = $OT
Kicker for any OT = $52 add the three and divide by total hrs worked to get average pay per hr (varies)
simply put, given ot (1.5x reg rate) after 40 hours, what is my regular pay rate if i work 65 hours a week and gross $1700? what is the formula to figure this out?
I get paid on a "production plan" and I am trying to figure out what my hourly rate would be if I was a traditional hourly worker with OT after 40 hours.