- REGULAR
AND OVERTIME PAY
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- Regular
Pay |
Overtime Pay | End of
Page
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- Regular
Pay
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- To calculate regular
pay, you need to multiply the time worked (in hours) by the hourly
pay.
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- Examples:
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- 1. Jennifer works 40
hours per week, and is paid $ 8.50/hour. Before deductions, what
is her weekly pay?
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- a) Multiply 40 by 8.50
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- 40($8.50) = $340.00
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- Jennifer makes $340
per week.
- Overtime
Pay
- To calculate overtime
pay you compute the overtime hours worked, and multiply them
by the overtime rate (usually 1.5 times the regular wage).
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- 2. Julia works at a
restaurant while saving money to go to university. She makes
$10.25/h plus time and a half for working over 40 hours per week.
If she worked 46 hours last week, how much money did she make?
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- a) Compute pay for regular
hours worked.
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- 40($ 10.25) = $410.00
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- b) Compute over time
hours worked, and multiply by wage and 1.5.
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- 6 ($10.25)(1.5) = $92.25
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- c) Calculate Julia's
weekly pay by adding regular and overtime pay together.
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- $410.00 + $92.25 = $
502.25
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- Julia made $ 502.25
last week when she worked 46 hours.
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