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what would be my yearly income, estimated anyway,

2007-03-21 12:04:45 · 4 answers · asked by jlmichel87 2 in Business & Finance Careers & Employment

4 answers

Assuming you get OT for more than 40 in a week:
[(40 * 11.65) + (10 * 11.65 * 1.5)] * 52 = 33,319

Edit to add: even if your state pays OT for more than 8 hours in a day, this is still the answer.

2007-03-21 12:15:23 · answer #1 · answered by Msknowitall 3 · 0 0

Depends on where you live, the amount of OT you work, and how the 5/10 contract is set up. Some states pay daily OT for any hours worked over 8 in a day. Others only pay OT when over 40 hours per week are worked.

Alternate work week contracts are often structured to eliminate part of the overtime pay requirement - so you may be entitled to OT for the fifth day worked, for example, but not for anything from days 1 - 4. Read the details of the alternate work week arrangements (it must be presented to you in writing) to be sure.

To determine your pay - all OT hours in a week get figured at 1.5 times your regular rate (17.48/hr.) Multiply your straight time hours by 11.65, and your OT hours by 17.48, and you'll have an annual earnings estimate.

2007-03-21 19:24:52 · answer #2 · answered by Mel 6 · 0 0

52 weeks in a year

40 hrs x 52=2080
10 hrs x 52= 520

2080 x 11.65 = 24232

11.65x1.5=17.475 (Time and a half)

520x 17.475 = 9087

24232+9087 =$33319 Gross Salary (I think)

2007-03-21 19:17:23 · answer #3 · answered by Anonymous · 0 0

$33,319.00

2007-03-21 19:10:42 · answer #4 · answered by MC 7 · 0 0

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