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Is this correct? Thank you for your help! Please see Piecework Overtime Calculation 16. Grady Tripp is a telemarketer who is paid $0.63 for every
Is this correct? Thank you for your help!
Please see "Piecework Overtime Calculation"
16. Grady Tripp is a telemarketer who is paid $0.63 for every telemarketing call he places. During the most recent week, Grady worked 43 hours and placed 1,596 calls. What is his gross pay for the week? (7 points) Regular earnings 1596 calls x $0.63 = $1005.48 $1005.48/43 = $23.38 x 40 = $935.20 Hourly rate Overtime rate $23.38 x 1.5 = $35.07 x 3 = $105.21 Gross pay = $105.21 + $935.20 = $1040.41 Step 3: Regular hourly rate x additional overtime factor = additional overtime hourly rate Additional overtime hourly rate x overtime hours worked = additional overtime Step 5: Regular earnings for all hours + additional overtime earnings = total earnings each piecework employee's hourly rate. This may be done by dividing total weekly compensation by the number of hours worked. Piecework Overtime Calculation Step 1: Piece rate x units of output = regular earnings for all hours Step 2: Regular earnings for all hours / total hours worked = regular hourly rate Step 4: earnings NOTE! The additional overtime factor ist
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