I want to make sure that I have the formula right to figure this out. I'm researching the hour rate to make sure it matches the salary rate.
216 hours per pay period. We have 13 pay periods. FLSA Hours are 2808
There are 13 pay periods. Each period we obtain 4 hours of over time. That comes to 52 hours of over time
total.
2756 is straight pay
52 is over time pay
The hour rate is 11.51
2756 x 11.51 = 31,721
52 x 17.26 = 898
32,619 Total pay based on FLSA formula
Is that the right way of doing it?
216 hours per pay period. We have 13 pay periods. FLSA Hours are 2808
There are 13 pay periods. Each period we obtain 4 hours of over time. That comes to 52 hours of over time
total.
2756 is straight pay
52 is over time pay
The hour rate is 11.51
2756 x 11.51 = 31,721
52 x 17.26 = 898
32,619 Total pay based on FLSA formula
Is that the right way of doing it?
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