Calculating overtime payments
Here is how Everhour calculates overtime hours and payments.
Sample settings
- All hours after 40 per week are paid at the rate of 1.5x;
- First 8 hours a day at 1x;
- 8 - 12 hours a day at 1.5x;
- All time after 12 hours at 2x;
Sample timesheet
Day | Hours | Breakdown |
Monday | 9:00 am - 4:00 pm | 7h Total hours 7h Regular hours |
Tuesday | 8:00 am - 5:00 pm | 9h Total hours 8h Regular hours 1h Overtime |
Wednesday | 8:00 am - 5:00 pm | 9h Total hours 8h Regular hours 1h Overtime |
Thursday | 8:00 am - 9:00 pm | 13h Total hours 8h Regular hours 4h Overtime 1h Double overtime |
Friday | 8:00 am - 3:00 pm | 11h Total hours 7h Regular hours 4h Time off (Sick) |
Saturday | 8:00 am - 5:00 pm | 9h Total hours 2h Regular hours 7h Overtime (>40 h/w) |
Sunday | 8:00 am - 5:00 pm | 9h Total hours 9h Overtime (>40 h/w) |
Total hours | |
67h Total hours 40h Regular hours 22h Overtime 1h Double OT 4h Time off |
Total pay | |
40h * employee cost 22h * employee cost * 1.5 1h * employee cost * 2 4h * employee cost |