Z zamarel New member Joined May 31, 2008 Messages 1 May 31, 2008 #1 Need help with the formula to solve this problem. An employee paid time and a half earned $60 for 5 hours overtime. What is the employees regular hourly pay. The answer is $8, but how do you come up with that?
Need help with the formula to solve this problem. An employee paid time and a half earned $60 for 5 hours overtime. What is the employees regular hourly pay. The answer is $8, but how do you come up with that?
stapel Super Moderator Staff member Joined Feb 4, 2004 Messages 16,550 May 31, 2008 #2 zamarel said: An employee paid time and a half earned $60 for 5 hours overtime. What is the employees regular hourly pay. Click to expand... If he received sixty dollars for five hours' work, how much was he paid per hour? (Hint: Divide by 5.) If this is "time and a half" pay -- that is, 3/2 of the regular rate -- what is 1/2 of the regular rate? (Hint: Divide by 3.) Then what is the regular rate? (Hint: Multiply by 2.) Eliz.
zamarel said: An employee paid time and a half earned $60 for 5 hours overtime. What is the employees regular hourly pay. Click to expand... If he received sixty dollars for five hours' work, how much was he paid per hour? (Hint: Divide by 5.) If this is "time and a half" pay -- that is, 3/2 of the regular rate -- what is 1/2 of the regular rate? (Hint: Divide by 3.) Then what is the regular rate? (Hint: Multiply by 2.) Eliz.
D Denis Senior Member Joined Feb 17, 2004 Messages 1,700 May 31, 2008 #3 ...or 5 hours of overtime is same as 5*1.5 = 7.5 regular hours; so 60 / 7.5 = ?