Free Overtime Cost Analyzer
Calculate total overtime expense and analyze its impact on payroll.
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How to use the Overtime Cost Analyzer
Fill in these fields and the overtime cost analyzer works out the rest instantly, in your browser:
- Number of Employees with OT
- Average Hourly Rate (₹)
- OT Hours per Employee per Month
- OT Pay Multiplier (1.5x (Standard) / 2x (Double) / 1x (Comp-Off))
Worked example
With Number of Employees with OT: 20; Average Hourly Rate: 300; OT Hours per Employee per Month: 15; OT Pay Multiplier: 1.5x (Standard):
| Employees with Overtime | 20 |
| OT Hours per Employee | 15 hrs |
| Pay Multiplier | 1.5x |
| Monthly Overtime Cost | ₹1,35,000 |
| Annual Overtime Cost | ₹16,20,000 |
| Per Employee Monthly OT | ₹6,750 |
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