Overtime is paid at 1.5 times the employee's normal wage for any time work over 40 hours in a given workweek. If you earn $7.25 per hour normally, you would earn $10.88 per hour when on overtime.
Overtime rate is 1.5. Overtime pay is standard pay (per hour) x number of overtime hours x 1.5. Overtime pay rate is then the standard pay (hourly wage) x 1.5. Example: If an employee has an 8-hour...