Toolkit Shelf

Money Calculators

Overtime Calculator

Use this overtime calculator to estimate regular pay, overtime pay, total gross pay, and overtime rate before taxes and deductions.

Reviewed May 25, 2026EstimateFormula shown

Live calculator

Overtime pay

Gross pay$1,144.00

48 paid hours before taxes and deductions.

Overtime pay$264.00

$33.00 overtime rate.

Regular pay$880.00

Hourly rate multiplied by regular hours.

Formula

Overtime pay formula

Overtime pay = hourly rate x overtime multiplier x overtime hours; gross pay = regular pay + overtime pay

A common overtime multiplier is 1.5 for time-and-a-half, but rules vary by location, employer, and worker classification.

How to use

Steps

  1. Enter your base hourly rate.
  2. Enter regular hours paid at the base rate.
  3. Enter overtime hours paid at the overtime multiplier.
  4. Adjust the multiplier for time-and-a-half, double time, or another policy.

Example

Sample calculation

Hourly rate$22
Regular hours40
Overtime hours8
Overtime pay$264

Calculator use

Best for

  • Quick overtime pay from hourly rate, regular hours and overtime hours.
  • Personal finance scenarios before changing a budget, loan, savings goal, or purchase plan.
  • Monthly cash flow, affordability, debt payoff, or future-value estimates.
  • Assumption checks before talking with a lender, tax preparer, employer, or financial professional.

Before relying on it

Check first

  • Entering hourly rate, regular hours and overtime hours from different time periods or scenarios.
  • Mixing gross income, take-home income, one-time costs, and monthly costs in the same comparison.
  • Forgetting taxes, fees, insurance, irregular bills, or minimum payments when using an estimate.
  • Treating a planning estimate as a quote, tax filing result, approval decision, or guaranteed return.

Benchmarks

How to read the result

The calculator is a decision aid, not a fixed rule. Use the output to compare scenarios and document your assumptions.

1.5xTime-and-a-half

Common overtime multiplier for many hourly jobs.

2xDouble time

Sometimes used for holidays, special shifts, or local overtime rules.

Before deductionsGross estimate

Taxes, benefits, and payroll deductions can reduce take-home pay.

Calculator accuracy

Methodology and assumptions

The formula, inputs, example, and limitations are shown so the result is checkable, not just a number in a box.

Formula

Overtime pay = hourly rate x overtime multiplier x overtime hours; gross pay = regular pay + overtime pay

Inputs used

Hourly rate, Regular hours, Overtime hours, Multiplier

Limitations

Results are estimates for quick planning and should be checked before important financial, legal, tax, health, or business decisions.

Last reviewed

May 25, 2026

Cite this page

Toolkit Shelf. Overtime Calculator. Retrieved May 25, 2026, from https://toolkitshelf.com/tools/overtime-calculator

FAQ

Common questions

How do I calculate overtime pay?

Multiply hourly rate by the overtime multiplier, then multiply by overtime hours.

What does time-and-a-half mean?

Time-and-a-half means the overtime rate is 1.5 times the regular hourly rate.

Does this calculate taxes?

No. This calculator estimates gross pay before taxes and deductions.