Overtime Cost Calculator

Calculate your true overtime cost — including the pay premium, hidden productivity losses, error costs, and elevated injury risk. Includes a hire-vs-OT break-even analysis to help you decide when adding headcount makes financial sense.

Free ToolNo account requiredData stays in your browserUpdated: Jan 2024

Employees regularly working OT

Average hourly rate

Regular hrs/week

3244

OT hrs/week per employee

030

OT pay rate

Weeks in analysis period

weeks

Enter employees on OT, their hourly rate, and weekly OT hours

Results update in real time as you fill in the left panel

Methodology: OT premium calculations follow FLSA 29 USC §207. Productivity decline model derived from John Pencavel's Stanford study 'The Productivity of Working Hours' (2014). Injury risk multiplier from Dembe et al. (2005) and OSHA long-hour workweek research. Workers' comp rates from NCCI. Hire-vs-OT comparison uses SHRM 2023 cost-per-hire average of $4,700, KFF employer benefits contribution of $703/month, and IRS employer FICA rate of 7.65%.Learn more

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Timecroft helps you cut overtime, improve retention, and control labor costs with smarter scheduling.