Overtime Calculator
Steps: 1. Enter your Salary, 2. Enter Overtime Hours, 3. Click button Calculate Overtime.
One Hour Overtime Rate Calculations Formula used in above calculator:
One hour Overtime rate is calculated based on a major parameter: How to divide salary? In this overtime calculator, we use 30 days in a month and 8 hours are working hours, which is used by most of the businesses.
Month based division: One Hour OT Rate = (Salary/30/8)
Calculations for Normal Days Overtime Payment:
OT Payment = (One Hour OT Rate * 1.25) * Total OT Hours.
Example: [(Salary / 30 / 8) * 1.25] * OT Hours.
Calculations for Weekend Overtime Payment:
OT Payment = (One Hour OT Rate * 1.5) * Total OT Hours.
Example: [(Salary /30 / 8) * 1.5] * OT Hours.
Calculations for Public Holidays Overtime Payment:
OT Payment = (One Hour OT Rate * 2.5) * Total OT Hours.
Example: [(Salary / 30 / 8) * 2.5] * OT Hours.
Do you want to calculate Overtime based on 365 days formula?
Contact Us
info@delicatesoft.com
+971 4 4216577
+971 52 9957352
299275, Dubai, UAE
Submit Your Inquiry
Let our experts contact you!