Formula
hourly rate = monthly pay ÷ (working days × hours per day)overtime pay = hourly rate × multiplier × overtime hours
- The multiplier is 1.5 for time-and-a-half and 2 for double time
- Working days and daily hours are your own assumptions
Convert pay to an hourly rate, then pay each overtime hour at a multiple of it.
Worked example
Monthly pay 30,000; 10 hours at double time
- I am paid
- A monthly salary
- Monthly pay used for overtime
- 30,000
- Working days per month
- 26
- Normal hours per day
- 8
- Overtime hours
- 10
- Overtime multiplier
- 2
- Currency symbol
- ₹ Rupee (INR)
Overtime pay
₹2,884.62
Normal hourly rate: ₹144.23
Overtime rate per hour: ₹288.46
Extra earned compared with normal pay for those hours: ₹1,442.31
How it works
Overtime is usually paid at a higher rate than normal hours. Convert your pay to an hourly rate, multiply it by the overtime multiplier, and multiply by the number of overtime hours. With a monthly pay of 30,000, 26 working days of 8 hours, the hourly rate is 144.23; at double time and 10 hours of overtime the overtime pay is about 2,884.62.
The three numbers that matter most are all yours to set: how many hours your month is considered to have, the multiplier, and which pay counts. Rules differ widely — some jurisdictions or contracts pay time-and-a-half (1.5×) above a weekly threshold and some pay double the ordinary rate — and some employers base overtime on basic pay only rather than total pay, so use what your contract or the law that applies to you states.
The result is gross pay before tax and deductions. To turn an annual package into monthly pay see CTC to Take-Home Salary Calculator (India), to convert an hourly rate to an annual salary use Hourly to Salary Calculator, and to count the hours between a start and finish time use the Time Duration Calculator.
Assumptions and limits
- The multiplier and the hours in a normal month are assumptions that you control.
- Gross pay only: tax, social security and other deductions are not applied.
- Legal overtime entitlements vary by country, state, role and contract.