What is the formula to get the overtime pay?

Overtime pay is calculated: Hourly pay rate x 1.5 x overtime hours worked . Here is an example of total pay for an employee who worked 42 hours in a workweek: Regular pay rate x 40 hours = Regular pay, plus. Regular pay rate x 1.5 x 2 hours = Overtime pay, equals.24 Şub 2021

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