Overtime premium calculator

Everhour embeds time tracking in work tools, while overtime premium math still starts with the regular rate and weekly hours.

What will your overtime pay be?

Calculate regular and overtime earnings based on your hours and rate. Supports standard time-and-a-half and double-time multipliers.

Total hours including overtime

$

Typically 40h/week

Total pay this period
Regular pay$1,000.00
Overtime pay$300.00
OT hours8h

Everhour does it all — track, budget, report & invoice

The calculator gives you the number — Everhour takes it from there.

Go ahead — start tracking!

One click and you're timing. Start a timer, add an entry, edit the details. This is exactly how it feels in Everhour.

  • One-click timer — browser, desktop & mobile
  • Works inside Asana, ClickUp, Linear, GitHub & more
  • Simple setup, no learning curve
Works with your favorite tool:
Everhour — Time Tracking
Time Entries
01:24:00
00:31:00
01:07:00

No more budget surprises

Set a budget, assign rates, and get alerted before you're over.

  • Real-time cost tracking
  • Set different rates per person or project
  • Alerts before you hit the budget limit
Everhour — Budgeting
Acme Web Project
1
50% of budget used
$2,500.00of $5,000.00
$2,500.00 remaining
75%
Actual costRemaining cost

Measurement

Track your budget through time or costs

Simple, customizable reports

Every report you need — configured your way, always up to date.

  • See who does what in real time
  • Configure any report
  • Scheduled email reports
Everhour — Reports

Your invoice is ready!

Tracked hours flow straight into a polished invoice — no copy-paste, no manual math.

  • Billable hours straight into the invoice
  • Configure invoice templates
  • Copy invoices to QuickBooks or Xero
  • Invoicing dashboard with status
Everhour — Invoices
Your Company LLChello@yourcompany.com
INVOICE
Invoice #1042
Group by:
DescriptionHoursRateAmount
Website Redesign14h$150/h$2,100.00
Brand Guidelines7h$150/h$1,050.00
Marketing Strategy3.5h$150/h$525.00
Total Due$3,675.00
Try Everhour for real yourself

Overtime premium basics

What this calculation answers

An overtime premium calculation answers one narrow payroll question: how much extra pay is owed above straight-time wages for overtime hours. Under the United States federal baseline, the FLSA requires covered nonexempt employees to receive overtime pay for hours worked over 40 in a fixed workweek at not less than 1.5 times the regular rate.

The premium is the added half-time portion when the employee already receives straight-time pay for every hour worked. That distinction matters for payroll checks, accounting reviews, and spreadsheet audits. If a covered nonexempt employee works 47 hours and straight-time pay already covers all 47 hours, the remaining overtime premium is 7 hours multiplied by 0.5 times the regular rate.

Premium versus total overtime pay

For a simple hourly case, assume a covered nonexempt employee works 47 hours in one fixed FLSA workweek at a $24.80 regular rate. The overtime hours are 7. The half-time premium rate is $12.40, so the overtime premium is $86.80. Straight-time pay for all 47 hours is $1,165.60, making total gross pay $1,252.40.

The same result can be shown another way: 40 regular hours at $24.80 equals $992.00, and 7 overtime hours at $37.20 equals $260.40. Total pay is still $1,252.40. The first method isolates the premium; the second method shows the full overtime line. Use the version that matches how payroll records wages.

Inputs that change the premium

The regular rate is not always the base hourly wage. For FLSA purposes, the regular rate is total compensation for the workweek, excluding statutory exclusions, divided by total hours actually worked in that workweek. Nondiscretionary bonuses, shift differentials, and multiple hourly rates can change the regular rate before the overtime premium is calculated.

Do not average two workweeks to reduce the premium. The FLSA workweek is a fixed and regularly recurring 168-hour period made of seven consecutive 24-hour periods, and each workweek stands alone. Federal law also does not create overtime merely because work occurs on Saturdays, Sundays, holidays, or regular days of rest unless the weekly hours exceed 40 or another applicable law or agreement provides more.

When a calculator is enough

A one-off calculator is enough when you need to check a single weekly premium amount, confirm a pay stub line, or explain a difference between straight-time wages and overtime premium pay. It works best when the worker category, covered nonexempt status, workweek, hours worked, and regular rate are already settled.

A managed workflow is better when overtime affects approvals, payroll handoff, billing, or project records every pay period. Everhour can place tracking controls inside tools such as Asana, ClickUp, GitHub, Jira, Monday, Notion, Trello, and others, then sync project and task context so time records stay connected to the work before review.

This content is for general information only, may not be fully up to date, and is provided without any warranty or liability.

High Performer

G2

Summer 2026

Best Ease Of Use

Capterra

Summer 2026

Loved by teams. Proven everywhere.

Rated in the top time trackers across G2, Capterra, and TrustRadius — with consistent praise for ease of use, integrations, and support.

10K+Teams worldwide
90K+Installs Everhour extension
196M+Tasks completed
4M+Projects tracked

Frequently Asked Questions

What is the difference between overtime premium and overtime pay?

Overtime pay is the full amount owed for overtime hours, usually 1.5 times the regular rate under the FLSA federal baseline for covered nonexempt employees. Overtime premium is only the extra portion above straight-time pay. If straight-time wages already paid every hour worked, the remaining premium is usually 0.5 times the regular rate for hours over 40.

Which hours create a federal overtime premium?

Under the FLSA federal baseline, covered nonexempt employees must receive overtime pay for hours worked in excess of 40 in a fixed workweek. The workweek is a fixed 168-hour period of seven consecutive 24-hour periods. Paid vacation, holiday pay, or other time not worked does not count as hours worked under the federal overtime trigger.

Why does the regular rate matter for the premium?

The regular rate sets the dollar value of the premium. Under the FLSA, the regular rate is total compensation for the workweek, excluding statutory exclusions, divided by total hours actually worked in that workweek. If a payroll file uses only the base wage when bonuses or multiple rates belong in the regular rate, the overtime premium is understated.

Can two short weeks be averaged to avoid a premium?

No. Under the FLSA, each workweek stands alone for overtime calculations. Hours may not be averaged across two or more workweeks to avoid overtime. A covered nonexempt employee who works 47 hours in week one and 33 hours in week two has 7 overtime hours in week one, even though the two-week average is 40 hours.

Do exempt employees receive an overtime premium?

Properly classified exempt employees do not receive FLSA overtime premium pay. For the standard executive, administrative, and professional exemptions, DOL Fact Sheet #17A requires duties tests and salary-basis pay of at least $684 per week. Job titles alone do not determine exempt status, and more protective state rules can provide greater rights.

How does Everhour connect overtime records to work tools?

Everhour embeds tracking controls inside supported project tools such as Asana, ClickUp, GitHub, Jira, Monday, Notion, Trello, and others. Project and task metadata sync into Everhour, so overtime review can use time records tied to the same work structure the team already uses.

How does Everhour support overtime review before payroll?

Everhour Overtimes lets admins set daily or weekly overtime limits and review overtime in Team Hours, including regular, 1.5x overtime, and 2x double overtime tiers. The Payroll dashboard calculates overtime pay and gross pay from employee hourly cost and tracked time when the Overtime app is enabled.

Move overtime review into workflow

Track approved hours where work happens, then use Everhour integrations to connect project context, timesheets, and payroll review before overtime premiums become recurring spreadsheet cleanup.

14-day free trial  ·  No credit card  ·  Cancel anytime

Or