Simple Time sheet, calculate OT

T

Tom

Hi,

I have a simple timesheet that I plug total hours worked per day, and at the end multiply by the hourly rate. This was built never anticipating that going over 40 hours and incurring OT would enter the equation.

Can someone help with a formula that says basically if the total is > 40.0 hrs than multiply the overage by 1.5 the hourly rate, the calculate the total.

Thanks,

Tom
 
Q

qccc.member.2

Hi,

I have a simple timesheet that I plug total hours worked per day, and at the end multiply by the hourly rate. This was built never anticipating that going over 40 hours and incurring OT would enter the equation.

Can someone help with a formula that says basically if the total is > 40.0 hrs than multiply the overage by 1.5 the hourly rate, the calculate the total.

Completely untested:

= If(A12 > 40, ((A12-40)*HR*1.5)+(40*HR),A12*HR)
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top