Using Microsoft Excel, you can track your employee's wages using a formula. The most important formulas involve total hours worked, regular time hours worked, overtime hours worked and overtime pay.

Under both federal and state law, overtime compensation owed to a nonexempt employee must be based on the employee’s “regular rate of pay.” That regular rate includes not only the employee’s standard ...

Seyfarth Synopsis In A Second: A California employer can use the federal formula for calculating overtime on a flat sum bonus, even though the California Division of Labor Standards Enforcement Manual ...