Simple Time sheet, calculate OT

[Tom]

Hi,

I have a simple timesheet that I plug total hours worked per day, and at the end multiply by the hourly rate. This was built never anticipating that going over 40 hours and incurring OT would enter the equation.

Can someone help with a formula that says basically if the total is > 40.0 hrs than multiply the overage by 1.5 the hourly rate, the calculate the total.

Thanks,

Tom

 

[qccc.member.2]

Hi,

I have a simple timesheet that I plug total hours worked per day, and at the end multiply by the hourly rate. This was built never anticipating that going over 40 hours and incurring OT would enter the equation.

Can someone help with a formula that says basically if the total is > 40.0 hrs than multiply the overage by 1.5 the hourly rate, the calculate the total.

Completely untested:

= If(A12 > 40, ((A12-40)*HR*1.5)+(40*HR),A12*HR)

 

[Tom]

Completely untested:

= If(A12 > 40, ((A12-40)*HR*1.5)+(40*HR),A12*HR)

That worked...thanks!