How To Read My Paycheck and Understand My Paycheck
All University paychecks and direct deposits notices include information related to pay period and year-to-date earnings, deductions and benefits. Current pay period and year-to-date hours and earnings are reported by earnings type.
Earn Codes and Deduction Codes (pdf)
OVERTIME calculations for Hourly/Non-exempt UIW employees
Actual time worked (workweek) for any Sunday through Saturday we be used when calculating overtime for non-exempt/hourly employees. Any time worked over 40 hours of REG (regular straight time) will be paid as overtime time. Time not worked (vacation/sick leave/floating holidays/holidays/any time off with pay) is not included in the 40 hours of REG time calculation. UIW uses the earn code of OTW (overtime pay) for payment of overtime worked at .5 or 1/2 of your regular rate of pay.
EXAMPLE:
During the workweek an employee works 40 hours of REG (regular straight time) and 2 hours of sick leave, there will be no overtime due. If an an employee works 42 hours of REG (regular straight time) and 2 hours of sick leave, there will be 2 hours of overtime due for regular time worked.
If an employee is paid REG 42 hours at $20.00 per hour that would equate to $ 840.00. The 2 hours of OTW (overtime paid) will pay at .5 or 1/2 of $20.00 or 2 hours at $10.00 or $ 20.00. total pay would be $860.00.
That equates to the same calculations as 40 hours at $20.00 or $ 800.00 PLUS 2 hours at 1.5 or 3 x 20 or $60.00 total pay would be $860.00