Overtime Pay Calculation Quiz

What is the typical rate at which overtime is paid for salaried employees?

• 1.25 times the regular hourly rate

• 1.5 times the regular hourly rate

• 2 times the regular hourly rate

• Same as the regular hourly rate

How do you calculate a salaried employee's weekly salary from their yearly salary?

• Divide the yearly salary by 12

• Divide the yearly salary by 52

• Multiply the yearly salary by 52

• Multiply the yearly salary by 12

What is the formula to find the regular hourly rate from the weekly salary?

• Yearly salary multiplied by 40

• Weekly salary divided by 40

• Weekly salary multiplied by 40

• Yearly salary divided by 40

In the example provided, what is the regular hourly rate for an employee with a yearly salary of $49,000?

• $30.00

• $23.56

• $20.00

• $25.00

Using the example, how much overtime pay does the employee earn for working 9.5 overtime hours?

• $335.73

• $300.00

• $400.00

• $350.00