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Jul 21, 2015 · Download FREE Excel Timesheet Calculator Template. A dynamic Excel template for calculating employee working hours and overtime. You can specify the start and end time, regular time hours, overtime charges, as well as weekends. This is a ready-to-use template that you can manage your timesheet.
Employee Overtime Calculator is a ready-to-use template in Excel, Google Sheets, and OpenOffice Calc that helps you easily calculate overtime. Table of Contents. What is Overtime? Overtime Rules. What is Overtime Pay? How To Calculate Overtime? Hourly Employee. Salaried Employee. Employee Overtime Calculator Template.
Feb 6, 2023 · This tutorial will demonstrate how to calculate overtime pay in Excel & Google Sheets. Calculate Total Pay. To get the Total Pay, we use the above formula in Cell H6 like this: =(F6*H6)+(G6*H6*1.5) To breakdown the formula, (F5*H5) calculates the pay for the regular hours and (G5*H5*1.5) calculates the pay for working overtime.
Download Employee Over Time Calculator Template In Excel. Human Resource. Employee Over time Calculator is a ready-to-use template in Excel that helps you easily calculate overtime. What is Overtime. For an hourly employee, Overtime refers to extra time an employee spends for works in addition to its regular working hours.
How to Compute Overtime Pay. All employees required to work beyond the normal 8 hours are entitled to overtime. Overtime pay rates depend upon the the day the work is performed, whether it is ordinary working day, special day, regular holiday or rest day.
Overtime Calculator Template with Payslip in Excel, OpenOffice Calc & Google Sheet to calculate overtime pay for hourly and salaried employees. Moreover, this template helps you to calculate time and a half as well as double pay overtime. Additionally, you can print weekly, bi-weekly, and monthly payslips for employees with overtime.
Jan 15, 2024 · Use this formula: Overtime hourly rate x number of extra hours worked = pay with overtime pay. Now, let’s say Employee A received our sample overtime hourly rate of ₱125 and worked for three hours. Here’s how we calculated their pay with overtime pay using the formula above: ₱125 x 3 = ₱375.
