About this overtime pay calculator spreadsheet template
This Overtime Pay Calculator template helps HR professionals, payroll administrators, and small business owners compute employee overtime pay accurately. It covers base pay, weekday overtime, weekend overtime, and holiday overtime with configurable multipliers, plus allowances and tax deductions to arrive at net pay for each employee.
The five-sheet workbook is fully editable in WPS Office, Microsoft Excel, and Google Sheets. Replace the sample employee data, adjust multipliers and tax rates, and the formulas automatically recalculate gross pay, tax, and net pay across all sheets.
5 interconnected sheets
Inputs, Calculation, Scenarios, Dashboard, and International Setup work together for end-to-end payroll computation.
Multi-employee support
Enter data for multiple employees with individual base rates, overtime hours, and allowances.
Sensitivity analysis
Compare overtime costs across four multiplier scenarios to manage staffing budgets effectively.
Standard XLSX format
Works with WPS Office, Microsoft Excel, Google Sheets, and Apple Numbers.