Use our free Overtime Pay Calculator to accurately estimate your extra wages. Calculate total earnings based on hourly rates, regular hours, and overtime multipliers instantly in your browser.
← Check out our Freelance Hourly Rate Calculator
Understanding your paycheck shouldn't require an advanced degree in finance. Our Overtime Pay Calculator is designed to give you a clear, immediate breakdown of your earnings. Whether you are a full-time employee picking up extra shifts or an employer verifying payroll, this tool provides the precision you need.
Overtime laws vary, but the goal remains the same: ensuring workers are compensated fairly for their extra time. Using an overtime wage calculator helps prevent errors that could lead to underpayment. By inputting your specific hourly rate and the exact number of extra hours worked, you can see how "time and a half" or "double time" impacts your gross income.
Just as our Gross Margin Calculator helps businesses understand their profitability, this tool empowers individuals to understand their personal earning potential.
The formula for overtime is straightforward but easy to mess up manually:
If you are managing multiple income streams, you might also find our PayPal Fee Calculator useful for calculating net earnings from digital payments.
In the United States, under the Fair Labor Standards Act (FLSA), overtime is generally any work performed beyond 40 hours in a single workweek. Some states, like California, also have daily overtime rules for work exceeding 8 hours in a day.
Simply multiply your base hourly wage by 1.5. For example, if you earn $20 per hour, your overtime rate is $20 × 1.5 = $30 per hour. Our calculator does this automatically for you.
Overtime pay is considered ordinary income by the IRS. However, because it increases your total earnings, it might be withheld at a higher rate on your paycheck if it pushes you into a higher tax bracket for that specific pay period.