Jim earns a regular hourly rate of $5 and a premium hourly rate of $6. He worked 45 hours last week. What is his gross pay?

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asked May 9, 2017 36.2k views

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Irenes · Answer 1 · 2017-05-09T20:05:49+0000

I am assuming premium hourly rate is overtime....if so, then..
(40 * 5) + (5 * 6) = 200 + 30 = $230

if premium hourly rate is not overtime, then disregard this answer.

Vivek Sinha · Answer 2 · 2017-05-14T16:38:53+0000

The premium is the overtime.

Total time = 45 hours.

40 hours of regular time at $5, and 5 hours of overtime.

Total = 40*5 + 5 * 6 = 200 + 30 = $230

Jim earns a regular hourly rate of $5 and a premium hourly rate of $6. He worked 45 hours last week. What is his gross pay?

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