Pay & Income
Gross pay for a week
Regular hours are paid at the rate and overtime hours at one and a half times the rate.
The Formula
Gross = regular hours x rate + overtime hours x rate x 1.5
Regular hours are paid at the rate and overtime hours at one and a half times the rate.
| Symbol | Meaning | Unit | Notes |
|---|---|---|---|
| R | Regular hours | hours | Hours up to forty in the week. |
| O | Overtime hours | hours | Hours above forty in the week. |
| r | Hourly rate | currency | The normal pay rate per hour. |
What Each Symbol Means
Rhours
Regular hours
Hours up to forty in the week.
Ohours
Overtime hours
Hours above forty in the week.
rcurrency
Hourly rate
The normal pay rate per hour.
See It Worked With Real Numbers
A formula on its own does not tell you which number goes where. The how to calculate time card hours page applies this equation to a concrete case, shows every intermediate step, and names the mistakes that produce a wrong answer even when the algebra is right.
Where This Formula Appears
This equation is the working core of How To Calculate Time Card Hours, filed under Business. Every number the guide produces comes from substituting into this one line.