Pay overtime or employ new staff calculator

To use an interactive version of this calculator, please enable Javascript.

If you'd like to perform the transaction manually, follow the steps below.

Note: hours per week is assumed to be 38.

Use this calculator to estimate the cost of overtime to your business and whether an extra staff member is a suitable alternative.

[Overtime Rate] = [Average Hourly Rate] multiplied by [Overtime Multiplier].
[Overtime Multiplier] = [Overtime Rate] divided by [Average Hourly Rate].
[Cost of Overtime] = [Overtime Rate] multiplied by [Number of Staff] multiplied by [Average Weekly Hours of Overtime].
[Cost of an Extra Staff Member] = [Average Hourly Rate] multiplied by [Hours per Week].

Overtime calculator form

Number of staff The average over the past year. *

Hourly rate If there's a wide range, find the average. *

Overtime rate If there's a wide range, find the average. *

Overtime multiplier For example, double time (multiplier = 2) or time-and-a-half (multiplier = 2.5). *

Weekly overtime per employee See how overtime affects your bottom line. *

$0 cost of overtime to your business,
versus $0 cost of an extra staff member (per week)

Difference between cost of overtime
and hiring a new staff member

Overtime is a necessary part of the ebb and flow of business life, but it can have an adverse effect on employee job satisfaction, quality control and your bottom-line.

When making a decision between overtime and employing new staff, use this figure to help make an informed decision.

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