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How to Get Old Pay Stubs: Check Online. If your employer works through an online payroll provider, you may be able to go online and access your pay stubs yourself. Log in to the portal and see your tax documents and pay stubs are available to print. You may have to register online to do so if you haven't already.
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 × 2 hours = Overtime pay, equals.
Federal overtime laws state that you must pay employees one and a half times their usual wage for overtime. If your employees' usual rate is $15 per hour, their overtime pay would be $22.50.
For instance, assume an employee makes a standard rate of $15 per hour. His or her extra time rate would turn out to be $22.5 ($15 multiplied by 1.5) every hour.
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 × 2 hours = Overtime pay, equals.
This premium is commonly called “time and a half,” because you get one and a half times your hourly rate. If you always earn the same amount per hour, and you don't receive any extra compensation, it's easy to calculate your overtime pay. For example, if you earn $16 an hour, your overtime rate is $24.
You just multiply the standard wage times 1.5. For example, time and a half for $14 an hour is $21 per hour. Half of 14 is 7, so add the half to the regular hourly wage to calculate time and a half. If a laborer makes $14 per hour, his overtime rate is $21 per hour.
Step 1: Calculate the regular hourly rate for the week. Divide the weekly salary by the total number of hours the employee worked. Step 2: Calculate the overtime hourly rate. Step 3: Calculate the overtime wages. Step 4: Calculate the total wages.
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