Finance & Money

Overtime Pay Calculator

Calculate regular pay, overtime rate, overtime pay, gross weekly pay, estimated withholding, net weekly pay, and annualized pay references.

Regular hourly rateRegular hours this weekOvertime hours this weekOvertime multiplierComparable workweeks per yearEstimated withholding rate (%)Other weekly payroll deductions

Regular weekly pay-

Overtime hourly rate-

Overtime weekly pay-

Gross weekly pay-

Estimated weekly withholding-

Estimated net weekly pay-

Annualized overtime pay-

Annualized gross pay-

Decision view

Weekly overtime gross-to-net pay stack

Weekly overtime gross-to-net pay stackRegular pay and overtime pay build weekly gross pay before withholding and deductions reduce it to estimated net pay.

Exact scenario comparisonOvertime hours this week changes while all other entered assumptions remain constant.

Overtime hours this week	Regular weekly pay	Overtime hourly rate	Overtime weekly pay	Gross weekly pay	Estimated weekly withholding	Estimated net weekly pay	Annualized overtime pay	Annualized gross pay

How to use Overtime Pay Calculator

Enter hourly rate, regular hours, overtime hours, and overtime multiplier.
Enter comparable workweeks, withholding, and deductions.
Use the weekly stack to confirm gross-to-net movement.

Calculator guide

Understanding Overtime Pay Calculator

Overtime pay is a weekly pay stack: regular pay, premium-rate overtime, withholding, and deductions must each stay visible before net pay is shown.

Calculate regular pay Regular hours are paid at the regular hourly rate.

Calculate overtime rate and pay The multiplier applies to the hourly rate before multiplying by overtime hours.

Calculate gross pay Gross weekly pay is the sum of regular and overtime pay.

Subtract withholding and deductions The calculator subtracts the entered percentage withholding and the entered fixed weekly deductions.

Calculation method

How the calculation works

Separate regular and premium-rate hours, apply the entered overtime multiplier, and reconcile gross pay, withholding, deductions, and annualized values. Multiply regular hours by the regular rate, multiply overtime hours by the overtime rate, add gross pay, then subtract entered withholding and deductions.

Detailed calculation process

Reconcile weekly overtime pay from hours to net pay

The default uses a $28/hour regular rate, 40 regular hours, 8 overtime hours, a 1.5 overtime multiplier, 50 comparable workweeks, 23% withholding, and $85 weekly deductions.

General formula: P_r = r h_rr_o = r mP_o = r_o h_oG = P_r+P_oW = G q/100N = G-W-DA_o = P_o YA_g = GY Regular and overtime hours are priced separately. Overtime rate is the regular hourly rate times the multiplier, and net pay subtracts withholding plus other weekly deductions from gross pay.

What each symbol means

r Regular hourly rate ($/hour).

h_r, h_o Regular and overtime hours this week (hours/week).

m, r_o Overtime multiplier and overtime hourly rate (multiplier, $/hour).

P_r, P_o, G Regular pay, overtime pay, and gross weekly pay ($/week).

q, W, D Withholding rate, estimated withholding, and other weekly deductions (%, $/week).

N, A_o, A_g, Y Net weekly pay, annualized overtime pay, annualized gross pay, and comparable workweeks ($, weeks/year).

Worked substitution with the default inputs

1. Calculate regular pay P_r = 28 x 40 = $1,120 Regular hours are paid at the regular hourly rate.

2. Calculate overtime rate and pay r_o = 28 x 1.5 = $42/hP_o = 42 x 8 = $336 The multiplier applies to the hourly rate before multiplying by overtime hours.

3. Calculate gross pay G = 1,120 + 336 = $1,456 Gross weekly pay is the sum of regular and overtime pay.

4. Subtract withholding and deductions W = 1,456 x 23/100 = $334.88N = 1,456 - 334.88 - 85 = $1,036.12 The calculator subtracts the entered percentage withholding and the entered fixed weekly deductions.

5. Annualize weekly references A_o = 336 x 50 = $16,800A_g = 1,456 x 50 = $72,800 Annualized values use the entered comparable workweeks per year.

The default weekly gross pay is $1,456, estimated net pay is $1,036.12, and annualized overtime pay is $16,800.

Purpose-built visual

Weekly overtime pay stack

The stack displays regular pay and overtime pay, then shows withholding and deductions reducing gross pay to net pay.

Live The drawing is regenerated from the current inputs and calculated outputs.

Specific The visual form matches this calculator's math instead of reusing a generic card.

Auditable The labels and plotted values reconcile with the formula and substitution steps.

Worked situations

Practical examples

The default uses a $28/hour regular rate, 40 regular hours, 8 overtime hours, a 1.5 overtime multiplier, 50 comparable workweeks, 23% withholding, and $85 weekly deductions.
The default weekly gross pay is $1,456, estimated net pay is $1,036.12, and annualized overtime pay is $16,800.

Better inputs

Useful tips

Separate regular and overtime hours inside the same pay period before applying the overtime multiplier.
Use the legally applicable regular-rate basis when bonuses, shift differentials, or multiple pay rates must be included.
Verify overtime eligibility and threshold rules for the jurisdiction because the arithmetic does not determine legal coverage.

Before relying on the result

Limitations and common mistakes

Overtime eligibility, workweek definitions, blended rates, shift differentials, taxes, deductions, local laws, and employer payroll rules can differ.
Annualized values assume the same weekly pattern for the entered number of weeks.
The withholding rate is a simple planning estimate.

Reference

Key terms

Overtime multiplier: Factor applied to the regular hourly rate for overtime hours.
Gross weekly pay: Regular pay plus overtime pay before withholding and deductions.
Estimated net weekly pay: Gross weekly pay minus modeled withholding and entered deductions.

Important note

Calculated from the entered values and stated financial terms. It is not a product quote, lending decision, tax filing, or investment recommendation.

Frequently asked questions

Does this decide overtime eligibility?

No. It only calculates from the hours and multiplier you enter.

Are deductions included before withholding?

No. Withholding is modeled from gross pay, then deductions are subtracted.

Why annualize overtime pay?

It shows what the same weekly overtime pattern would imply over the entered comparable weeks.

Can overtime hours be zero?

Yes. The overtime pay and annualized overtime references then become zero.