Hourly & Overtime Pay

Front

What is hourly pay?

Back

Hourly pay is the amount of money an employee earns for each hour worked. It is calculated by multiplying the number of hours worked by the hourly wage.

Front

How do you calculate gross pay for hourly workers?

Back

Gross pay is calculated by multiplying the hourly wage by the total number of hours worked in a pay period.

Front

What is overtime pay?

Back

Overtime pay is the additional compensation paid to employees who work more than the standard hours, typically over 40 hours in a week, often at a higher rate.

Front

What is the standard number of hours in a full work week?

Back

The standard number of hours in a full work week is typically 40 hours.

Front

If an employee works 4 hours a day at $21.00 per hour, what is their daily pay?

Back

$84.00

Front

If Dayle works 38 hours at $15 per hour, what is his gross pay?

Back

$570.00

Front

How many hours are considered overtime if an employee works 66 hours in a week?

Back

26 hours are considered overtime.

Front

What is the formula to calculate overtime pay?

Back

Overtime pay = (Hourly wage x Overtime hours x Overtime rate) + Regular pay.

Front

What is the typical overtime rate for hourly workers?

Back

The typical overtime rate is 1.5 times the regular hourly wage.

Front

If Paw Paw works 37 hours at $10.80 per hour, how much will he earn?

Back

$399.60