Question

An employee earns $12 per hour and works 46 hours in one week. The overtime rate is 1.5 times regular pay,calculate how much money this employee will earn. (A regular straight pay is for 40 hours)

Answer 1

Since the regular straight pay is for 40 hours and the employee worked 46 hours, then 6 of them are considered overtime.

Multiply 40 hours times the earning rate of $12 per hour.

Then, multiply 6 hours times the earning rate of $12 per hour and multiply the result by 1.5.

Finally, add the corresponding amounts for the regular pay and for the overtime pay to find how much money the employee will earn.

Regular pay:

`40*12=480`

Overtime pay:

`6*12*1.5=72*1.5=108`

Total payment:

`480+108=588`

Therefore, the employee will earn $588.