Goal: Calculating Gross Pay with Overtime or ShiftPremiums Date Oct 17, 2018 GMF10 Ans Key Included 1 Name Period ___ Shift Premiums + For some jobs you may be paid a shift premium which is an additional amount per hour when you work outside the normal working hours Premium Hourly Rate = Hourly Rate + Shift Premium Premium Pay = Premium Hourly Rate x Premium Hours Regular Pay = Regular Hourly Rate x Regular Hours Gross Pay = Regular Pay + Premium Pay Examples: Calculate the Gross Pay when there is a Shift Premium. Show your work. 1. Marcia works at a daycare Monday to Friday from 8 am to 4 pm. Her regular hourly rate is $11/h. Any time she works before 8am or after 4pm she earns a shift premium of $2/h. Calculate her gross pay for a week in which she works the fintegee times. Bam—4pm Reg [ StartTime | EndTime | Monday 8:00 am | 4:30 pm Tuesday 7:00 am__| 4:00 pm Wednesday [7:30am | 4:30 pm Thursday 8:00 am __| 4:30 pm Friday 7:00 am | 4:00 pm_ | RP GP= (Hi x40 8440 + PP 4) (2 39 Yoh is h) = aaa GPGoal: Calculating Gross Pay with Overtime or Shift Premiums Date Oct 17, 2018 2 2. Shelly works as a security guard and is paid $15/h. When she works before 6 am or after 10 pm she earns a shift premium of $3.50/h. Calculate her gross pay for a week in which she works the following times. Gam —\0em Reg StartTime|EndTime | RA | PH Monday 8:00 am | 4:00 pm Tuesday 7:00 am__| 3:00 pm Wednesday [7:30am | 4:30 pm Friday 8:00 pm —_| 2:30 am Saturaday 5:00 am__| 1:00 pm RP + pp Total GP =(AISx ) 4 (HIBS, = Ww watch 3. Jessy works as a custodian. He earns $16/h. Any time he +n& “A works before 6 am or after 8 pm or on the weekend he wording | earns a shift premium of $4.50/h. Find his gross pay for a week in which he works the following times. EndTime | RH | PH StartTime Sunday 8:00 am | 12.00pm Tuesday 8:00 am__| 4:00 pm Wednesday | 3:30 pm __| 11:30pm Thursday _ 8:00 am | 4:00 pm Friday 12:00 pm | 8:00 pm RP PP GP=( ) +¢ YsGoal: Calculating Gross Pay with Overtime or Shift Premiums Date Oct 17, 2018 3 Overtime Pay + When employees work more than certain number of hours per week (usually 40 hours) they are paid overtime. + Like shift premiums, the overtime rate can also be paid to employees when they work beyond the regular hours. + The regular hourly rate usually increases by time and one half (x 1.5) or double time (x 2). Regular Pay = hourly rate x #hours worked Overtime Rate = hourly rate x 1.5 (or 2) Overtime Pay = Overtime rate x #overtime hours Gross Pay = Regular pay + Overtime Pay Examples: 1. John earns $13.50/h and gets time and one half if he works more than 40 hours in a week, Calculate his gross pay for a week in which he works 46.5 hours.