Get instant live expert help on how to calculate overtime pay
“My Excelchat expert helped me in less than 20 minutes, saving me what would have been 5 hours of work!”
Here are some problems that our users have asked and received explanations on
Use IF functions to calculate the regular pay and overtime pay based on a regular 40-hour workweek in cells E5 and F5. Pay overtime only for overtime hours. In cell G5, calculate the gross pay based on the regular and overtime pay. Abram’s regular pay is $398. With 8 overtime hours, Abram’s overtime pay is $119.40.
Solved by E. D. in 25 mins
With the range E5:K16 selected, use Quick Analysis tools to calculate the total regular pay, overtime pay, gross pay, taxable pay, withholding tax, FICA, and net pay on row 17.
Note, Mac users, with the range selected, on the Home tab, in the Editing group, click AutoSum.
Solved by B. L. in 11 mins
Trying to determine if employees are colluding to get overtime. In essence, One employee would take the day off, receive sick pay, and get a friend to cover their shift, resulting in the friend receiving overtime pay. Then they swap places, and the one employee would receive overtime, and the friend would receive the sick day pay off
Solved by G. E. in 21 mins
I know how to get the formula to calculate regular hours for 40 and the overtime pay formal with the time and half. What I'm having trouble with is putting those to formulas together in one cell. Here is the formula for the regular pay =IF(C9>40,B9*40,B9*C9), Here is the formula for the overtime pay =IF(C9>40,B9*1.5*(C9-40),0) What I don't know how to do is combine these to formulas to do all these calculations in one cell.
Solved by F. E. in 25 mins
I want to know how to only calculate overtime if the employee is listed as "Direct", (ot days x hrs) and not calculate overtime for any employee if not listed as "direct" = 0
Solved by C. U. in 13 mins