Browse earnings, overtime and pay adjustment codes.
OT@1.5 explicitly indicates a rate multiplier of 1.5. The regular rate used for an overtime calculation may include eligible payments beyond the basic hourly rate. Hours labelled overtime and the amount owed are separate things to verify.
How to read this entry
Use the meaning Overtime at time and a half alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
With a $24 regular rate and four qualifying overtime hours, the full overtime line is 4 × $24 × 1.5 = $144. If straight-time for those hours is already included elsewhere, only the additional premium may appear here.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Ask whether this row displays total overtime earnings or the premium portion only.
Compare related entries
Read the earnings, overtime and pay adjustment codes guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on earnings, overtime and pay adjustment codes provides background on the underlying rules. The actual plan, tax year, jurisdiction and payroll record determine how the rules apply.