Tool · Investor Sam Career

Overtime Pay Calculator

June 30, 2026 • By the Investor Sam Editorial Team • Reviewed by Berly Sam Varghese, Editor
Overtime is where an hourly job quietly gets more valuable, but only if you know what those extra hours actually pay. This calculator takes your hourly wage, your regular hours, and your overtime hours at a multiplier — typically time-and-a-half — and returns your total weekly gross pay, broken into the regular and overtime portions. Use it to check a paycheck, plan a heavy week, or decide whether extra shifts are worth it.

Example: Regular hourly wage: 22 $ · Regular hours this week: 40 hours · Overtime hours this week: 8 hours · Overtime multiplier: 1.5 x

Total weekly pay$1,144
Overtime pay$264
Regular pay$880

Worked example

At $22 an hour, 40 regular hours pay $880. Eight overtime hours at time-and-a-half means $33 an hour, adding $264. Your total for the week is $1,144. Those 8 overtime hours earned $264 versus the $176 they would have paid at the regular rate — the extra $88 is the overtime premium, worth knowing before you agree to or turn down a long week.

Frequently asked questions

When am I legally entitled to overtime pay?

Under federal law, non-exempt employees must receive at least time-and-a-half for hours worked beyond 40 in a workweek. Whether you are exempt depends on your job duties and salary level, and some states have stricter daily-overtime rules. Check your state's labor department if you are unsure of your status.

What multiplier should I use?

Time-and-a-half (1.5x) is the federal standard for hours over 40 a week. Some employers or union contracts pay double time (2x) for holidays or hours beyond a daily threshold. Set the multiplier to match your specific situation; if part of your overtime is at a different rate, run the calculator separately for each block.

Is overtime pay taxed at a higher rate?

No, overtime is not taxed more heavily than regular pay. A big overtime week can push more of that paycheck into a higher withholding tier, which sometimes makes it look like more was taken out, but your actual tax rate on the year is unchanged. Any over-withholding comes back at tax time.

Does this include a shift differential?

Not directly. If you earn a night or weekend shift differential, add it to your base hourly wage before entering it, since overtime is generally calculated on your total regular rate of pay including such differentials. That raises both the regular and overtime figures.

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Sources

Berly Sam Varghese · Editor, Investor Sam

Berly Sam Varghese is an engineer who treats money the way he treats any hard problem — something to be engineered, not gambled on. He funded years of education and built real financial stability the patient way, by living below his means and investing rather than borrowing. He writes for the person trying to turn a career move into real financial ground. He reviews and approves every article on Investor Sam and checks the figures against primary sources before anything is published. More about our standards.