Estimate your gross pay per paycheck, including any overtime hours, and see what that adds up to over a full year.
Most US overtime pay is time-and-a-half (1.5x) for hours worked beyond 40 in a week, though rules vary by state and employer. Enter an estimated tax and deduction rate to see a take-home figure.
Your regular pay is your hourly rate times your regular hours for the week. Overtime pay uses the same rate multiplied by your overtime multiplier (1.5x by default) for the hours beyond your regular hours. If you also work double-time hours, those are paid at twice your rate. Adding these together gives your weekly gross pay, which the calculator annualizes (multiplied by 52) and divides by your pay frequency to estimate what lands in a single paycheck.
The result also shows your effective hourly rate: your total weekly gross divided by all the hours you worked, including overtime. This is a handy way to see how much extra hours really add to what you earn per hour.
By default the numbers are gross pay, which is before taxes and other deductions. If you enter an estimated tax and deduction percentage, the calculator also shows an estimated take-home amount per paycheck. For a more detailed take-home estimate, use the Salary and Take-Home Pay Calculator.
With the default numbers above, $22 an hour, 40 regular hours and 5 overtime hours a week, at 1.5x overtime, regular pay comes to $880 and overtime pay comes to $165, for a weekly gross of $1,045. Annualized, that is $54,340 a year. Paid biweekly, that works out to $2,090.00 in gross pay per paycheck.
Without the overtime, the same job would pay $45,760 a year, so the 5 extra hours a week add $8,580 annually, about 18.75% more. Your effective hourly rate rises from $22.00 to $23.22, because your 45 hours earn $1,045 in total.
Now suppose that same worker adds 4 double-time hours in a week, for example on a holiday shift. Those hours pay $22 × 2 × 4 = $176, so the weekly gross becomes $880 + $165 + $176 = $1,221. Annualized that is $63,492, or $2,442.00 per biweekly paycheck, and the effective hourly rate across 49 hours comes to $24.92.
Keep in mind that this projection assumes you work these same hours every week of the year. If your extra hours come and go, treat the annual and per-paycheck figures as an upper estimate.
At $15 an hour, five overtime hours a week add $112.50 a week, or about $5,850 over a full year.
Your annual gross stays the same. The frequency only changes how it is divided. Using the $54,340 example:
Biweekly pay gives you 26 checks, so two months each year contain three paychecks. Semi-monthly pay gives exactly two per month, which makes each check larger but makes budgeting easier.
Several deductions come out of a typical paycheck: federal income tax withholding, Social Security (6.2%) and Medicare (1.45%) for a combined 7.65% employee share, state and local taxes where they apply, and any health insurance premiums or retirement contributions you choose. A quick estimate is to enter a single percentage in the tax field above. If you want to see where the rest of your money goes, plug your take-home into the budget calculator, and use the savings calculator to see what your extra overtime income could become if you save part of it.
Overtime starts with an accurate count of hours. If you have clock-in and clock-out times, the time calculator gives the hours worked after an unpaid break, in decimal form, and can add up a whole week of shifts so you know how many hours fall over 40. For a full walk-through of converting an hourly rate to a yearly income, including how many overtime hours it takes to reach a target, read hourly to salary with overtime.
If part of your pay comes from tips, the tip calculator shows how tips on a bill are worked out and split. To track your hours before you calculate pay, the time calculator adds up shifts and breaks.
Is overtime always 1.5x pay?
In the US, federal law generally requires 1.5x pay for non-exempt employees working over 40 hours in a week, though some states and some employers use different rules or higher multipliers for certain hours, like double-time on holidays. Check your specific pay policy if you are unsure.
Does this include taxes?
Not by default. The main figures are gross pay, before income tax and other deductions. To estimate take-home pay, enter a tax and deduction percentage in the optional field, or use the Salary and Take-Home Pay Calculator with your own rates.
What if my overtime hours change week to week?
This calculator assumes the same regular and overtime hours every week for the annual projection. If your hours vary, treat the annual figure as a rough estimate rather than an exact number, and rerun the calculation for any specific week you want to check.
Why does my pay frequency change the per-paycheck amount?
The underlying annual gross pay stays the same regardless of frequency. Switching frequency only changes how that same annual total is divided into paychecks. Weekly paychecks are smaller and more frequent; monthly paychecks are larger and less frequent.
Is salaried overtime calculated the same way?
Not usually. Many salaried employees are exempt from overtime rules entirely, and those who aren't often have a different method for calculating their effective hourly rate. This calculator is built around hourly pay. If you're salaried, check with your employer on how overtime applies to you.
Can I use this for a part-time job with no overtime?
Yes. Just leave the overtime hours field at 0. The calculator will show your regular pay only, still broken down by paycheck and annualized.
Is overtime taxed at a higher rate?
No. Overtime is taxed like the rest of your pay, and the extra income is taxed at your marginal rate. A larger paycheck can show a bigger withholding because payroll systems estimate your yearly income from each check, but if too much was withheld, you get the difference back when you file your return.
Do weekends and holidays count as overtime?
Under federal law, no. Working a weekend or holiday does not by itself trigger overtime. It counts only if it pushes you past 40 hours in the workweek. Some employers and some states offer extra pay for those days, so check your contract or company policy.