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  1. #1
    Forum Member backdraft663's Avatar
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    Default Question about bi weekly income

    I am trying to figure out how much I will be making on the companies Bi-weekly pay scale.



    Regular time-$11.13

    OT pay- $16.69



    Ill be working 12 hours a day 5 days a week and 8 hours on Saturday.



    I figureed this am I doing it right or wrong



    12x5=60 hours for 5 day work week plus 8 on Saturdays



    Which equals 68 total hours weekly. After 40 hours were payed time and a hlaf which makes it $16.69 hourly so I take and figure that the 60 hrs worked minus 40 hours regular pay to bring it to 28 hrs worked OT then add the 8 on Saturday which comes to a total of 28 hrs OT..



    I then figure that on the 40hrs im grossing $445.20 and with OT im making $467.32 and add that together and get $1,825.04 for the two week pay period.



    Was that done correctly? Id not what did I fugure wrong and could I get someone to help me possibly? If this is right how can I figure out what I will actually be bringing home with me?





    Also on side note im Working for Georgia Pacific and is USW union.



    Thanks for the help everybody.
    Ryan

    I.A.C.O.J. Probie

    You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You must do the thing which you think you cannot do. -Eleanor Roosevelt

    Lets not forget those lost on 9-11-01


  2. #2
    Forum Member Frmboybuck's Avatar
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    Default

    Looks good to me and your take home will depend on your taxes and retirement, 401K....ETC. Out of that, here at my job I would bring home $1314

  3. #3
    Forum Member backdraft663's Avatar
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    how can i fugure out how much would be taken out for ohio taxes? and im claiming zero. And plus after my 90 days I gotta pay my union dues and uniforms and insurance which is 40 bi weekly.
    Ryan

    I.A.C.O.J. Probie

    You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You must do the thing which you think you cannot do. -Eleanor Roosevelt

    Lets not forget those lost on 9-11-01

  4. #4
    Forum Member Frmboybuck's Avatar
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    Im not sure what Ohio has for taxes and what you claim as exemptions. Find an old pay stub and divide the net pay(take home) by the gross. That will give you a rough percentage of net vs gross. Then take your gross earnings and multiply them by the percentage you came up with and that should be close to your take home. Your dues and uniform fee should come off after the taxes as they are not taxed to you.

    Example.... 1314 divided by 1825 = .72 or 72%

    Thats for me and the way I have things set up. It includes my IRA and taxes.... That should get you in the ballpark.
    Last edited by Frmboybuck; 07-30-2007 at 09:20 PM.

  5. #5
    Forum Member Frmboybuck's Avatar
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    Default

    $1250 every two weeks take home should get you close

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