Use the time sheet calculator to determine your total pay based on the hours worked and your hourly rate. This tool is useful for employees who need to track their work hours and calculate their earnings accurately.
Time Sheet Calculation Formula
The following formulas are used to calculate the total pay from your time sheet entries.
Total Pay = Hours Worked * Hourly Rate
Total Pay = (Regular Hours * Regular Hourly Rate) + (Overtime Hours * Overtime Hourly Rate)
Variables:
- Total Pay is the amount earned based on hours worked ($)
- Hours Worked is the total number of hours worked
- Hourly Rate is the payment rate per hour ($)
- Regular Hours and Overtime Hours refer to the hours worked at regular and overtime rates, respectively
- Regular Hourly Rate and Overtime Hourly Rate are the rates of pay for regular and overtime hours ($)
To calculate the total pay, multiply the number of hours worked by the hourly rate. For more detailed calculations involving regular and overtime hours, use the respective rates for each type of hour.
What is Time Sheet Calculation?
Time sheet calculation involves determining the total pay based on recorded hours worked and pay rates. It helps in accurately assessing earnings for both regular and overtime work. Time sheet calculations are essential for proper payroll management and financial planning.