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Wage calculator
Calculate weekly and monthly pay from an hourly wage, including overtime at a multiplier and a monthly bonus.
Wage calculator
Enter your values below and press Calculate to see your result instantly.
Gross Monthly Income
$5,350
ANNUAL PROJECTED
$64,200
OT EARNINGS (MTH)
$812
Your overtime contributes to 15% of your total income.
About the Wage calculator
Calculate weekly and monthly pay from an hourly wage, including overtime at a multiplier and a monthly bonus.
How to use the Wage calculator
- Enter your Hourly Wage, Regular Hours/Week and Overtime Hours/Week.
- Enter the Overtime Multiplier (for example 1.5) and any Bonus (Monthly).
- Press Calculate Pay.
Formula and method
Weekly pay = Wage × Regular hours + Wage × Overtime multiplier × Overtime hours
Worked example
$20 an hour, 40 regular hours plus 5 overtime hours at 1.5× gives 800 + 150 = $950 a week.
Tips
- Overtime rules differ by country and job type.
- These are gross amounts before tax.
Frequently asked questions
What is time and a half?
Overtime paid at 1.5 times the normal hourly rate.