Download Employee Over Time Calculator Template In Excel

Employee Over time Calculator is a ready-to-use template in Excel that helps you easily calculate overtime.

What is Overtime

For an hourly employee, Overtime refers to extra time an employee spends for works in addition to its regular working hours. In other words, any hours that employee works exceeding their schedule work-time is overtime.

So, This employee over time Calculator is prepared to make it easy.

Overtime Rules

However, Normal working differs from industry to industry and even company to company. As, Some companies have 8 hours and some have 10 hours. So, Companies determine normal working hours depending on the job type and by the best practices of profession.

Payroll Overtime Calculator

So, Overtime Pay means the amount compensated for hours or days worked more than the maximum limit mentioned in your contract or set by federal/provincial law.

Hence, small companies and factories require managing the employee hours for the payment of overtime. It sometimes becomes a very tedious job.

Overtime Pay Formula

There are usually two types of employees: Hourly Employees and Salaried Employees. The calculation of overtime differs for both categories.

Usually, you may use the formula given below to calculate the overtime pay.

Hourly Employee

Use following formula to calculate overtime pay for an hourly employee:

Overtime Pay = Regular pay X 1.5 X number of extra hours

Salaried Employee

The calculation of overtime for salaried employee is quiet different. Firstly, we need to find his pay per day and then find his pay per hour.

Formula to Calculate Hourly Pay

Hourly Pay For Salaried = Yearly Salary / 2080 hours


Hourly Pay For Salaried = Monthly Salary / 160 hours

Overtime Calculator Salary

We have create an Overtime Calculator Excel template with predefine formulas. You can easily calculate overtime. Just enter In and Out time along with overtime rate and it automatically prepare pay sheet for you.

Contents of the Employee Overtime Calculator Template

This template consist of 3 sections: Header Section, Summary Section, and Data Input Section.

Header Section

The header section consists of company name, company logo, and heading of the sheet “Employee Overtime Calculator”.

Summary Section

The summary section consists of following subheadings:

Employee Name: Name of Employee.

Month: Select the month from the drop-down list.

Year: Enter year.

Hours: This cell will display the total number of hours worked by employee for whole month.

Rate/Hr.: Enter rate per hour for overtime.

Total OT: Total OT shows total amount of Overtime earned by an employee.

Data Input Section

This Data Input section consists of following subheadings:

Date: The date from the 1st of every month till the end is displayed here.

In: Employee In time is entered here.

Out: So, Employee Out time is entered here.

Overtime: Therefore, The template automatically calculates the number of hours worked more than the limit.

We have set = limit to 8 hours. You can change this by changing the last part of the formula.

Rate: Rate per hour of Overtime.

Amount: Above all, This column displays the total amount of overtime per day.

In the end, the totals of monthly overtime hours and amounts are displayed.

Download this Employee Over Time Calculator template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get Employee Over Time Calculator Excel Template

Instruction :

All Excel templates and tools are sole property of User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Insurance Quote Template

Insurance Quote

Introduction: Streamlining Insurance Quotations An insurance quote is a vital document in the insurance industry, serving as a preliminary estimate of premiums for potential clients.

Read More »
Freelance Quotation Template

Freelance Quotation

Introduction: Mastering Freelance Quotations In the world of freelancing, creating an effective quotation is crucial for outlining the scope and cost of your services to

Read More »
Fencing Quotation

Fencing Quotation

Introduction: Navigating Fencing Service Quotations A fencing service quotation is an essential tool for businesses in the fencing industry. It provides potential clients with a

Read More »
Event Planning Quote

Event Planning Quotations

Introduction: Excelling with Event Planning Quotations An event planning quote is a critical document for event planners, detailing proposed services and costs for organizing an

Read More »
Construction Quote Template

Construction Quote

Introduction: Optimizing Construction Quotations A construction quote is a fundamental document in the construction industry, serving as a formal proposal of costs for construction services

Read More »
Cleaning Quote

Cleaning Quote

Introduction: Perfecting Cleaning Service Quotations Creating an effective cleaning service quotation is crucial in the cleaning business. It serves as a formal proposal outlining the

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.