Multiply the employee's hourly wage by the overtime pay rate by the overtime hours worked. For example, if the employee earning $23.07 per hour worked eight hours of overtime at time-and-a-half ...

If the employee does work overtime, the math is only slightly more complicated. Here’s the formula: Hourly Rate = Salary ÷ (40 + (OT hours x 1.5)) ...

Calculate the annual amount of each benefit, and divide the amount by 2,080 to express the benefit as an hourly rate. Because some benefits are paid monthly, others are paid once a year and yet ...