Nothing makes a construction worker more happy and content than the pay that he gets for overtime. There are many issues between workers and the management to keep them apart, but overtime pay is one of the major reasons for the same. The federal law usually pays a construction worker 1.5 times the actual wage for every hour, when the total number of hours exceeds by 40 hours in a week. It is very simple to calculate overtime wages; this method would make harmony between the management and the workers. Managers are trying to keep the overtime to a minimum with minimum workers.
The usual reason for a person to work overtime would be due to the need of the project that they are working on or making up the delay in construction due to unavoidable reasons. It might also be due to the deficiency in the number of workers required for that particular project.
The FLSA or Fair Labor Standard Act, makes it sure that the non-exempt workers do receive an overtime pay, who have worked for a standard beyond 40 hours per week. The overtime wages calculated on a hourly basis is very simple. However, if the overtime wages are calculated according to a particular job or according to the non-exempt employees salary, then the calculation of overtime wages would become all the more difficult.
When it comes to calculating wages for the workers working overtime, this is the juncture where major disputes start. The managers might be ready to pay the workers right away but there might be some reasons like delay in the money coming from the clients that makes a further delay in paying the worker. Here are three simple methods, which can be used as an effective Construction Calculator.
Determine The Total Number Of Hours
Add up all the total number of hours that you have worked in a week. Officially, the workweek is 40 hours that is composed of eight hours for five days in the week.
Total Hours Of Overtime
To determine the total hours worked overtime, from the total number hours worked in a year, subtract 40.
Calculate The Wage
Now with the total number of overtime worked, multiply it with 1.5 times the actual wage. This would give you the total amount of the overtime wages.
These are the easy steps to perform the work of a construction calculator manually, which can tell you the exact amount of wages payable to the construction worker.