From the given information, we can calculate the overtime pay for each employee at Haddon, Inc. using the formula: Overtime Pay = Hourly Rate * Overtime Hours * Overtime Multiplier
First, let's identify the overtime multipliers:
- For employees paid annual or monthly, the overtime multiplier is 1.5.
- For employees paid hourly, the overtime multiplier is 1.
Now we can calculate the overtime pay for each employee:
King, M.
Hourly Rate: $148,200 / 52 weeks / 40 hours = $71.25
Overtime Pay: 0 (no overtime hours)
Manera, E.
Hourly Rate: $6,500 / 4 weeks / 40 hours = $40.63
Overtime Pay: 0 (no overtime hours)
Tate, S.
Hourly Rate: $3,900 / 4 weeks / 48 hours = $20.31
Overtime Pay: $20.31 * 8 * 1.5 = $243.75
Yee, L.
Overtime Pay: ($12.50 * (44.5 - 40)) * 1 = $27.50
Diaz, R.
Overtime Pay: 0 (no overtime hours)
Zagst, J.
Overtime Pay: 0 (no overtime hours)
Thus, the overtime pay for each employee at Haddon, Inc. is as follows:
- King, M.: $0
- Manera, E.: $0
- Tate, S.: $243.75
- Yee, L.: $27.50
- Diaz, R.: $0
- Zagst, J.: $0
At Haddon, Inc., the office workers are employed for a 40-hour workweek and are paid on either an annual, monthly, or hourly basis. All office workers are entitled to overtime pay for all hours workers
King, M. $148,200 per year 40 $145,350.00
Manera, E. $6,500 per month 40 $76,500.00
Tate, S. $3,900 per month 48 $45,900.00
Yee, L. $12.50 per hour 44½ $27,675.13
PLANT Diaz, R. $12.50 per hour 48 $14,778.96
Zagst, J. $14.50 per hour 52 $24,703.02
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