Weighted Overtime Calculator

Calculate Weighted Overtime Pay







Formula

To calculate the Weighted Overtime Pay (WO):

\[ WO = (H \times R) + (OH \times (R \times OR)) \]

Where:

What is Weighted Overtime?

Weighted overtime is a method of calculating overtime pay where different rates are applied depending on the circumstances under which the overtime was worked. This could depend on factors such as the day of the week, whether it was a holiday, or the number of hours worked beyond the standard work week. The aim is to fairly compensate employees for working additional hours under varying conditions.

Example Calculation

Let's assume the following values:

Using the formula:

\[ WO = (40 \times 20) + (10 \times (20 \times 1.5)) = 800 + 300 = 1100 \]

The Weighted Overtime Pay is $1100.