If an employee earns $10.00 per hour for a 50-hour week, what is the total overtime premium they earn?

To determine the total overtime premium an employee earns, it is essential to first recognize what constitutes overtime and how it is calculated. Overtime is typically paid at a rate of 1.5 times the employee's regular hourly wage for each hour worked beyond 40 hours in a week.

In your scenario, the employee earns $10.00 per hour and worked a total of 50 hours in one week. This consists of 40 regular hours and 10 overtime hours (50 total hours - 40 regular hours). The regular pay for the first 40 hours is straightforward:

• Regular pay = $10.00/hour × 40 hours = $400.00

For the overtime pay calculation, the hourly overtime rate is calculated by multiplying the regular hourly wage by 1.5:

• Overtime rate = $10.00/hour × 1.5 = $15.00/hour

Now, the total overtime premium is calculated by multiplying the overtime rate by the number of overtime hours worked:

• Overtime premium = $15.00/hour × 10 hours = $150.00

Upon consideration of the provided answer choices, it seems there was a misunderstanding in the calculation of the overtime premium versus what was suggested as the correct