Overtime Calculation Worksheet

An overtime calculation worksheet is a legal document used by employers to determine the amount of overtime pay owed to an employee who works more than 40 hours in a workweek. The worksheet typically includes the employee’s regular hourly rate, the number of overtime hours worked, and the overtime premium rate (usually 1.5 times the regular rate). The worksheet may also account for any special rules or exemptions that apply to the employee’s overtime pay, such as a fluctuating workweek or a salary basis. Overtime calculation worksheets help ensure that employees are paid properly for their overtime hours and can serve as evidence of compliance with wage and hour laws.