How do you calculate straight time pay?
Straight time is the number of hours and amount of pay for a period of work.Straight time is a normal week for a factory worker.
How do I calculate my pay rate?If you divide the yearly salary by 52, you can calculate the hourly rate.The weekly pay amount is $720 if you divide the annual salary by 52.When the employee works 40 hours per week, divide the weekly pay by 40 to calculate the hourly rate.
Straight-time overtime is subject to federal wage and hour laws.Nonexempt employees in the United States must be paid overtime at a rate equal to one and a half times their regular pay if they work more than 40 hours in a week.
Over time.The Fair Labor Standards Act requires overtime pay to be at least one and one-half times an employee's regular rate of pay after 40 hours of work.There are overtime laws in some states.