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Time and a half is a term for a pay rate people will often receive when they work overtime. If you are eligible to earn time and a half pay will depend on your employer, your position, and other personal employment factors.
The term is actually self-explanatory, you will earn your standard pay rate and a half per hour when working through eligible hours. So if you have a $10.00 hourly rate your time and a half pay would be $15.00 per hour.
People typically get time and a half when working overtime. Overtime would typically be considered any hours worked over the 40 hour mark per week.
Time and a half is very easy to calculate. Simply find what 50% of your standard rate is, then add it back to your standard rate. That new number is your time and a half rate. Or you can use our simple and free time and a half calculator to get that number nearly instantly.
Yes, part-time employees who exceed legally mandated work hours may also be eligible for time and a half pay, depending on local labor laws.
If your regular wage changes, simply update the wage amount in the calculator to see your new time and a half rate.
Yes, you can use our time and a half calculator on any device which includes your phone.
Create Date: June 23, 2024
Last Modified Date: July 5, 2024