To calculate the total compensation, one must add the regular pay, overtime pay, and any bonuses. The regular pay is 40 hours at $12 per hour, totaling $480. Overtime pay is calculated at 1.5 times the regular rate for the additional 30 hours, adding up to $540. Including the $200 bonus, the final total compensation is $1,220.
The question concerns calculating the total compensation for an employee who worked 70 hours in a week at a regular rate, including overtime pay and a bonus. In the United States, the standard workweek is typically 40 hours, and any hours worked beyond that are considered overtime. Overtime is usually paid at a higher rate; frequently, it is 1.5 times the regular hourly rate. To calculate the total compensation, we need to distinguish between regular hours and overtime hours.
The employee worked 70 hours, meaning they worked 30 hours of overtime (70 hours total minus the standard 40 hours). Thus, for the overtime hours, the employee should be paid at the rate of $12 per hour times 1.5, resulting in $18 per hour for overtime. Calculating overtime pay: 30 hours × $18 = $540. Regular pay is for the standard 40 hours: 40 hours × $12 = $480.
Adding the regular pay to the overtime pay plus the $200 bonus: $480 + $540 + $200 = $1,220. This is the employee's total compensation for the week, including base pay, overtime, and bonus.