An employee earns 250.50 an hour for the first 40 hours per week and he gets 1.5 times the hourly rate for the hours he worked over 40 how much does an employee who works for 52 hours a week earn
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Answer: $14,529
Calculation:
1). $250.50 per hour regular earnings
2). $375.75 per hour OT earnings ( $250.50 multiplied by 1.5 )
3). $250.50 x 40 hours = $10,020.00 regular earnings per week
4). $375.75 x 12 hours = $4,509.00 overtime earnings per week
5). $10,020.00 + $4,509.00 = $14,529.00 Total earnings per week
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