Hourly pay is based on the number of hours worked. Employees are paid a set rate for each hour they work and, generally, they receive overtime pay for hours worked beyond the standard full-time hours.

You can calculate the gross pay from hourly wages by multiplying the regular hours times the regular hourly rate + overtime hours times the overtime rate. How often you are paid. Note that ...

Therefore, in the Keep It Simple spirit, my recommendation is to come up with a single blended hourly rate for your business. This way, everyone knows what is good business for your firm, assuming you ...