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This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

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May 08, 2007
OT Calculator Released by Department of Labor

The U.S. Department of Labor's Wage and Hour Division has unveiled a new tool for helping employers and workers understand and calculate overtime pay under the Fair Labor Standards Act.

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The department's FLSA Overtime Calculator is its latest Internet-based compliance tool. It can be accessed at .

The tool provides examples of how FLSA overtime should be completed under some scenarios. The Overtime Calculator advisor computes overtime pay due in a sample pay period based on information submitted by the user, such as the primary method of pay, additional compensation paid in the form of bonuses, commissions, and shift differentials, and information relating to the hours employees worked.

The calculator then totals the hours worked during the sample pay period and calculates the overtime pay due for any overtime hours worked. The tool also provides links to definitions and detailed information on overtime pay requirements.

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