Overtime Cost Calculator
Use this overtime cost calculator to estimate the true cost of overtime hours using your base rate and overtime multiplier.
What This Calculator Does
This calculator shows the total cost of overtime hours at the chosen multiplier. It helps you see whether rush jobs, weekend work, or late finishes are still profitable.
How to Use
- Enter the number of overtime hours.
- Enter the base hourly rate.
- Enter the overtime multiplier.
- Click calculate.
Example
If your base rate is $48 per hour and the overtime multiplier is 1.5x, the calculator shows the true cost of extra hours straight away.
Why This Calculation Matters
Overtime can save a schedule, but it can also crush margin if it is not priced correctly. A quick overtime calculation helps you make better decisions under pressure.
Common Mistakes
- Using the normal rate instead of the overtime rate.
- Forgetting fatigue and reduced efficiency.
- Not passing overtime cost into the quote.
- Treating rush work like normal work.
FAQs
Why calculate overtime separately?
Because overtime often costs much more than standard labour and needs to be priced properly.
What multiplier should I use?
Use the multiplier that applies to your pay setup, award, or contract arrangement.
Should clients be charged extra for overtime?
Usually yes, especially when the job timing creates extra labour cost.