350*(1.5-1)*2=350 rubles – for the first 2 hours of work;
350*(2-1)*(19-2)=5950 rubles – for the remaining 17 hours.
If your situation is more complicated, for example, the schedule takes into account holidays and weekends, then the timesheet will help you calculate overtime. Next, we will find out how overtime is paid for different types of schedules.
Case: VT-metall
Find out how we reduced the cost of attracting an singapore business email list application by 13 times for a metalworking company in Moscow
Find out how
Payment for overtime on different salary systems
Shift work
When working on a shift schedule, overtime is paid as follows: if the working hours of an employee who performs tasks in shifts depends on the tariff rate, then to calculate overtime pay, you need to add up all the hours worked and then multiply them by the rate.
Shift work
Source: shutterstock.com
However, in the case of shift work, payment may also be made in the standard manner, in accordance with the salary amount established by the company. In this case, overtime is paid in the same way as when working on a salary.
Piecework payment
When working on a piecework basis, overtime hours are paid quite differently. Let's look at an example of a manufacturing enterprise.
The worker is paid 500 rubles per 1 manufactured product. This rate is relevant when the employee does not fall behind schedule. If the specialist works with overfulfillment of the time plan, payment for his efforts will be made according to the same coefficients (1.5 and 2) depending on the number of parts made during the overtime.
For example, a worker worked 4 hours over the schedule and produced 1 part in the first 2 hours, and another one in the next 2 hours. Based on this, overtime is calculated as follows: 500*1.5*1+500 * 2*1=1750 rubles.
Recommended articles on this topic:
How to Calculate Conversion: 3 Proven Options
Sales Triggers That Have Never Failed
How to get contacts from a client: the most effective methods
Hourly pay
When a person starts working on an hourly wage system, their monthly salary is specified in the employment contract. Overtime is calculated based on whether the person works the specified hours according to the schedule.
Let's imagine that an employee performing tasks on an hourly basis receives 180 rubles per hour. This month, he worked 5 hours overtime, 2 of which were on one day, and a week later - another 2. The company works 5 days a week, and working hours are calculated in total.
The overtime payment will be determined by the following formula: 180 * 1.5 * 2 + 180 * 2 * 3 = 1620 rubles.
In this example, overtime hours are calculated per week, not per working day.
Another situation: the organization adds up the working time for 3 months, the person works according to the schedule with hourly pay and the rate of 180 rubles per hour. During the accounting period, he managed to work:
for the first month 143 hours, 7 of which were overtime;
for the second - 158 hours, 7 of which are over the norm;
for the third - 149, 10 hours below the monthly norm.
For one reporting month, the standard working time is 446 hours. Now let's calculate how many of them the employee worked: 143+158+149=450.
Now let's determine the number of hours of overtime work: 450 - 446 = 4 hours.
The rework fee is: 180*1.5*2+180*2*2=1260 rubles.
This is what the overtime payment amount looks like for the entire accounting period. However, calculations must be made at the end of the period. For this reason, it is important to understand that the employee has already received a one-time fee for overtime. Accordingly, the calculation of the additional payment for him will look like this: 180 * 0.5 * 2 + 180 * 1 * 2 = 540 rubles.