Working hours calculator excel template8/16/2023 ![]() ![]() FAQ about calculating time and a half How many hours is full time? On the side…software such as EasyRoster simplifies overtime or even non-productive time for multiple client locations. To calculate an employee’s overtime rate of pay, you would multiply their regular rate by 1.5. For every hour of overtime an employee works, the employer must pay them their regular rate of pay plus half of that. Time and a half pay is 50% more than an employee’s regular rate of pay. ![]() This is also called overtime premium or overtime rate of pay. When staff work overtime hours, they have to be paid for the extra hours over and above their usual number of hours worked, which is usually time and a half, or 1.5 times their normal pay rate. It’s best to find out how to calculate time and a half properly, i.e., overtime pay, to ensure the business does not receive any nasty surprises. Did you know, that even if an employee signs an agreement declaring they won’t ask for overtime pay, they are still able to sue your company, or file a complaint with the Department of Labor (DOL) to recover unpaid, or underpaid overtime wages?Īnd your company is liable to bear the brunt.
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