Technical Calculator

Time and a Half Calculator

Enter the required values into the calulator and click on "Calculate" to find the employee's overtime pay rate.

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Time and a Half Calculator

This time and a half calculator is used to calculate your overtime or holiday pay on the basis of a standard hourly rate. The calculator takes your standard weekly, bi-weekly, semi-monthly, and monthly pay figure and determines the overtime pay at 1.5 times your regular rate.

What Is Time and a Half Pay?

“Time and half is an increased pay rate typically reserved for the overtime or for the extra working hours”

Employees working more than 40 hours a week are considered overtime in the United States under the Fair Labor Standards Act (FLSA). For estimating the overtime rate of employees, companies usually offer time and half rate of the standard working hours. 

How to Calculate Time and a Half?

You calculate time and a half rate by following the given formula:

Time and a half rate = Regular hourly rate x 1.5

Sometimes employers also offer double pay for extra hours, especially during the holiday. The double pay rate actually doubles the standard rate of the employees. It is easy to calculate the double time salary by multiplying the regular standard rate with “2”.

Example:

Calculate time and a half salary rate of an employee if the regular salary per week of the employee is $400 per week.

Solution:

Salary per week = $400 

Regular hourly rate = $400/40

Regular hourly rate = $10 Per Hour

Time and a half salary rate = $10(1.5) = $15

How to Use the Time and a Half Calculator?

There are simple steps need to follow for calculating the time and a half. So have a look at these steps: 

Input:

  • Enter the regular working hours
  • Specify the standard weekly hours 
  • Overtime hours and pay period 
  • Click on "Calculate" button 

Output:

  • Time and half pay 
  • Standard pay 
  • Total pay per month

When Does Apply Time And a Half?

  • If the employee exceeds 40 hours in the workweek, then time and a half apply.
  • Some state laws require workers who work more than 8 hours to take time and a half.
  • Holiday work is not counted as overtime work, including holidays such as Labor Day, Memorial Day, Easter, New Year's Day, Independence Day, and Christmas.
  • Regarding religious holidays, company policies must be published consistently without discrimination.
  • Providing holidays helps to establish friendly relations between employees and promotes a better balance between work and life.

Overtime Rates For Typical Hourly Wages

Standard pay Time and a half Double time
$25 per hour $37.50 $50
$24 per hour $36 $48
$23 per hour $34.50 $46
$22 per hour $33 $44
$21 per hour $31 $42
$20 per hour $31 $42
$19 per hour $28.50 $38
$18 per hour $27 $36
$17 per hour $25.50 $34
$16 per hour $24 $32
$15 per hour $22.50 $30
$14 per hour $21 $28
$13 per hour $19.50 $26
$12 per hour $18 $24
$11 per hour $16.50 $22
$10 per hour $15 $20

References:

From the source of hourly.io: Time and a Half, How to calculate Time and a Half?

From the source of hourly.io: Definition, What is Time and a Half?