ToolNook

Overtime Pay Calculator

Overtime pay calculator with taxes: enter your hours and rate to see regular pay, OT pay, gross and estimated take-home.

The tax rate is a flat estimate you choose — it ignores brackets, filing status and payroll deductions. Not withholding advice.

OT hourly rate

$0.00

Regular pay

$0.00

Overtime pay

$0.00

Gross pay (this period)

$0.00

Estimated take-home

$0.00

Annualized gross

$0.00

Salary to hourly for OT

Equivalent hourly rate

$0.00

How overtime pay is calculated

Overtime pay uses a simple two-part formula. First, your overtime hourly rate is your regular hourly rate multiplied by the OT multiplier: rate × 1.5 for standard time-and-a-half, or rate × 2.0 for double time. Second, that rate is multiplied by the number of overtime hours you worked to get your overtime pay. Regular pay is just hourly rate × regular hours, and gross pay is regular pay plus overtime pay.

Worked example: at $20.00/hour with 40 regular hours and 8 overtime hours at 1.5×, the OT rate is $20.00 × 1.5 = $30.00/hour. Regular pay is $20.00 × 40 = $800.00, and overtime pay is $30.00 × 8 = $240.00, for a gross pay of $1,040.00 that pay period.

Under the US Fair Labor Standards Act, most non-exempt hourly employees must be paid at least 1.5× their regular rate for hours worked beyond 40 in a workweek. Some states and situations (holiday work, long daily shifts in California) use double time instead. This calculator lets you pick either multiplier and see the result instantly.

The estimated take-home figure applies the flat percentage you enter directly to gross pay — it is meant only as a rough, order-of-magnitude estimate. It does not model federal or state tax brackets, standard deductions, filing status, or payroll taxes such as Social Security and Medicare, so treat it as a starting point, not a paycheck prediction.

The salary-to-hourly helper divides an annual salary by 2,080 — the standard 40-hour, 52-week work year — to estimate the base hourly rate a salaried employee would use if they became eligible for overtime. For example, $62,400 ÷ 2,080 = $30.00/hour, which at 1.5× gives a $45.00/hour overtime rate.

Overtime Pay Calculator: frequently asked questions

How is overtime pay calculated?

Overtime pay is your hourly rate multiplied by the overtime multiplier (1.5× for time-and-a-half, 2.0× for double time), multiplied by overtime hours worked. Regular pay is hourly rate × regular hours. Gross pay is the sum of both.

Is the estimated take-home pay accurate?

No — it applies a single flat percentage you enter to your gross pay, ignoring tax brackets, filing status, deductions and payroll taxes like Social Security and Medicare. It is a rough estimate only, not tax or withholding advice.

How do I convert an annual salary to an hourly rate for overtime?

Divide the annual salary by 2,080, the standard number of work hours in a year (40 hours × 52 weeks). A $62,400 salary is $30.00/hour, which becomes the base for calculating a 1.5× overtime rate.

What is the difference between time-and-a-half and double time?

Time-and-a-half (1.5×) is the standard overtime rate required by the US Fair Labor Standards Act for non-exempt employees working over 40 hours a week. Double time (2.0×) is not federally required but is sometimes paid for holidays or, in California, for very long daily shifts.

Does the pay period selection change the calculation?

The regular/OT/gross figures always reflect the hours you entered for that pay period. Selecting weekly, biweekly, semimonthly or monthly also shows an annualized gross so you can compare across period types.