2007-11-29 23:15:40 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
time and a half ratio.
2007-11-29 23:23:15 · update #1
If overtime is time and a half or 3/2 of your regualr pay, then your regular pay is 2/3 of your overtime pay.
55 * 2/3 = 36.67
36.67 * 3/2 = 55
2007-11-29 23:38:43 · answer #1 · answered by Steve 6 · 0⤊ 0⤋
Depends on what the ratio is for your overtime pay. Is time time and one half, or is it double time ?
2007-11-30 07:18:58 · answer #2 · answered by acermill 7 · 0⤊ 1⤋
Bob, that's actually $55.05.
$36.66 would be $54.99 - I'm guessing they would probably round lower than higher.
I say the answer is $36.66.
2007-11-30 07:35:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Bob gave the correct answer!
2007-11-30 07:24:57 · answer #4 · answered by maur911 4 · 0⤊ 0⤋
$27.50 if it is double time and $36.67 if it is time and a half.
More than likely it is $36.67 unless there is some special reason for the double time like a holiday.
2007-11-30 07:22:41 · answer #5 · answered by R 4 · 0⤊ 0⤋
$36.66
2007-11-30 08:22:03 · answer #6 · answered by J.Lo 3 · 0⤊ 0⤋