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Coefficient Table for Computing Extra HalfTime for OvertimeU.S. Department of Labor Wage and Hour DivisionThis table may be used for computing overtime on piecework, bonuses, commissions or fixed.

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How to fill out the Coefficient Table Wh 134 online

This guide provides comprehensive instructions on filling out the Coefficient Table Wh 134 online, a useful resource for calculating extra half-time wages due to overtime hours. The table simplifies the process for users of varying legal knowledge.

Follow the steps to accurately complete the Coefficient Table Wh 134.

  1. Press the ‘Get Form’ button to access the Coefficient Table Wh 134 online and open it in the editor.
  2. Review the table for the hours worked, ranging from 41 to 80 hours. Identify the corresponding coefficient in each row of your working hours.
  3. If necessary, convert the salary to the appropriate weekly equivalent as outlined in the form. Use the provided multipliers for semi-monthly, monthly, or annual salaries to ensure accuracy.
  4. Calculate the extra half-time due. Multiply the straight-time earnings by the coefficient corresponding to the total hours worked divided by two.
  5. Complete additional calculations as necessary for bonuses or varying earnings. Follow the examples provided in the form to apply the current coefficients to any additional payments.
  6. Once all data has been entered and calculated, review the information for accuracy. Make sure to check that all coefficients align with the correct hours worked.
  7. Save your changes, and download, print, or share the completed form as needed for your records.

Complete your documents online today to streamline your payroll process.

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To calculate coefficient overtime you divide the weekly salary amount by the actual number of hours in given work week. You then establish an effective hourly rate and pay overtime based upon that variable rate per week.

To calculate coefficient overtime you divide the weekly salary amount by the actual number of hours in given work week. You then establish an effective hourly rate and pay overtime based upon that variable rate per week.

While the rate of overtime varies from company to company, the term "time and a half" refers to a common policy where companies offer 1.5 times an employee's hourly wage for each additional hour they work. Time and a half is essentially an extra 50% more than the employee's standard hourly pay rate.

The term "coefficient pay" typically refers to wages received in excess of the employee's usual pay. To calculate coefficient pay for a given employee, an employer determines the amount that an employee would have made at his usual pay rate for the extra or holiday hours.

To calculate coefficient overtime, work out an employee's weekly wage and divide it by the hours worked. If they have an effective weekly wage of $500 and work 45 hours, their hourly base rate for overtime is $500 divided by $ 45, which is $11.11. Half of the hourly rate (the overtime premium) would be $5.55.

You make $13.50 normally. Time and a half is $20.25 an hour....Overtime Calculator for $13.50 an Hour. HoursWeekly Pay80 hrs$1,3504 more rows

Unless exempt, employees covered by the Act must receive overtime pay for hours worked over 40 in a workweek at a rate not less than time and one-half their regular rates of pay.

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