What is overtime pay?
Overtime Pay Activity

Flashcard
•
Mathematics
•
12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Overtime pay is the additional compensation paid to employees who work more than the standard hours, typically over 40 hours in a week.
2.
FLASHCARD QUESTION
Front
How is overtime pay calculated for double-time?
Back
Double-time is calculated at twice the employee's regular hourly rate for hours worked beyond the standard limit.
3.
FLASHCARD QUESTION
Front
What is time-and-a-half pay?
Back
Time-and-a-half pay is calculated at 1.5 times the employee's regular hourly rate for hours worked beyond the standard limit.
4.
FLASHCARD QUESTION
Front
If an employee earns $12.48 per hour, what is their overtime pay rate for double-time?
Back
The overtime pay rate for double-time would be $24.96 per hour.
5.
FLASHCARD QUESTION
Front
Calculate the total pay for an employee who worked 51.5 hours at $12.48 per hour with double-time for overtime.
Back
Total pay = (40 hours x $12.48) + (11.5 hours x $24.96) = $786.24.
6.
FLASHCARD QUESTION
Front
Calculate the total pay for an employee who worked 52 hours at $9.35 per hour with time-and-a-half for overtime.
Back
Total pay = (40 hours x $9.35) + (12 hours x $14.03) = $542.36.
7.
FLASHCARD QUESTION
Front
What is the regular pay for 40 hours at $11.13 per hour?
Back
Regular pay = 40 hours x $11.13 = $445.20.
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