Overtime Cost Calculator

What overtime costs an employer per week and per year, compared with hiring an extra part-time worker.

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Result

Annual overtime cost

$56,160.00

What overtime costs an employer per week and per year, compared with hiring an extra part-time worker.

Also known as: cost of overtime, overtime expense.

Enter employees on overtime, overtime hours each per week, hourly wage, multiplier.
The result updates instantly as you type — press Calculate (or Enter) at any time.
Review the breakdown shown under the main result.
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Cost = staff × OT hours × wage × multiplier

Using the values pre-filled in the calculator above:

the calculator returns: