Calculating SA overtime pay?

In my offer letter, I am given a prorated salary for the summer. It then states I am a non-exempt employee who is subject to 1.5x overtime after 40 hours worked. How would I calculate this based off a 110k prorated salary for the summer? I’m in CA btw if that helps.

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This is easy to set up on Excel. You can play with the hours you plug in. As mentioned above, CA does daily calcs but you can get a rough idea without building out a whole model for that.

Base: 110k/52 weeks * 10 = $21.2k

Overtime salary rate: 110k/52 weeks/40 hours * 1.5 = $79.32

~20 OT hours worked * hourly rate * 10 weeks (conservative average accounting for training week and slower environment) = $15,864

Total: $37k

 

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