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Income

Overtime Pay Calculator

Regular + overtime + double-time pay.

Hours & Pay Rate

$/hr
Typically 40 hours/week for FLSA overtime
1.5× pay for hours over 40/week
Some employers pay 2× for holidays or long shifts

FLSA Overtime Rules

Non-exempt employees must receive 1.5× their regular rate for all hours worked over 40 in a workweek under the Fair Labor Standards Act (FLSA).

Exempt employees (salary, certain professional roles) generally do not qualify for overtime pay.

Pay Breakdown

Total Weekly Pay

$1,144

48 total hours

Regular Pay

$880

40 hrs × $22

Overtime Pay

$264

8 hrs × $33.00

Effective Hourly Rate

$23.83/hr

Annual Equivalent (52 weeks):$59,488
Weekly Overtime Premium:$264
$1,144
Total/Week
  • Regular Pay$880 (77%)
  • Overtime Pay$264 (23%)

How to Use the Overtime Pay Calculator

Enter your financial details in the calculator above to get instant, accurate results. All calculations update in real time as you adjust the inputs. No sign-up or account required.

  1. Fill in your specific financial numbers in the input fields.
  2. Adjust sliders or type values directly — results update instantly.
  3. Review the breakdown charts and summary cards for a complete picture.
  4. Scroll down for detailed explanations and actionable tips.

Understanding Overtime Pay Calculations

Our calculator uses industry-standard financial formulas to provide accurate estimates. Results are based on the inputs you provide and standard financial assumptions. While our calculations are precise, real-world results may vary based on fees, taxes, and other factors.

Use these results as a starting point for your financial planning. For major financial decisions, consult with a qualified financial advisor who can account for your complete financial picture.

Tips for Better Financial Planning

  • Run multiple scenarios — try different values to understand the range of outcomes.
  • Be conservative with projections — use lower return rates and higher expense estimates.
  • Review annually — your financial situation changes; recalculate regularly.
  • Account for inflation — a dollar today will be worth less in 20 years.
  • Use this as a starting point — then work with a financial advisor for personalized advice.

Frequently Asked Questions

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Financial Disclaimer: The calculations provided by CalcVerify are for informational and educational purposes only. Results are estimates based on the information you provide and standard financial formulas. These calculations are not a substitute for professional financial advice. Tax calculations use 2025 rates and may not reflect current law. Interest rates and market returns used in examples are illustrative only. Please consult a qualified financial advisor, tax professional, or mortgage broker before making significant financial decisions.