To calculate your weekly pay, p, when you work more than 40 hours but not more than 50 hours, you can use the following equation:
p = (40 * 12.50) + ((h – 40) * 18.75)
Here’s the breakdown of this equation:
- For the first 40 hours of work, you earn $12.50 per hour. So, for 40 hours: 40 * 12.50 = 500.
- If you work more than 40 hours, the extra hours (let’s call them o) you work can be calculated as h – 40.
- Overtime is paid at time and a half, meaning your pay rate for those extra hours is: 12.50 * 1.5 = 18.75.
- Therefore, for o overtime hours: (h – 40) * 18.75.
In summary, if you work anywhere from 41 to 50 hours, just replace h in the equation with your actual hours worked to find your total weekly pay.