How to use it
- Enter Hourly rate.
- Enter Regular hours.
- Enter Overtime hours.
- Enter Multiplier.
The formula
Overtime pay = hourly rate ร multiplier ร overtime hours.
Worked example
About this calculator
Overtime looks simple until you check a payslip: the multiplier applies to the hourly rate, not to the whole week, and different hour types can carry different multipliers. This tool keeps the arithmetic honest so you can verify what you were actually paid.
If overtime is regular in your job, run the numbers both ways: the extra pay per hour versus what those hours cost you. A 1.5ร multiplier is genuinely good money โ but only if the base rate is fair to begin with.
Frequently asked questions
What multiplier applies?
1.5ร is standard in many countries for hours beyond the normal week; some hours (holidays) may pay 2ร.
Is overtime taxed more?
It's taxed as normal income; it can feel heavier if it pushes pay into a higher bracket, but only the excess is taxed higher.
Does salary work include overtime?
Depends on your contract and local law โ exempt salaried roles often don't receive it.
Tips
- Automate the boring parts of your budget.
- Compare unit prices, not package prices.
- Small recurring costs add up over a year.
Key terms
- Net worth
- Assets minus liabilities.
- Budget
- A plan for income and spending.
- Unit cost
- Price per single unit.