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[quote=nannydebsays][quote=Anonymous][quote=Anonymous][quote=Anonymous]The issues not working I don't mind working the issue is not seeing money that I'm working for. It doesn't make sense to work an additional 10 hours for my regular pay per hour plus a dollar [/quote]

This doesn't make sense to me. Are they offering you time and a half for these additional hours? What are they doing with taxes that you only see an extra dollar per hour?[/quote]

When I called payroll to find out the exactly how much would be withheld I got this..

Overtime rate at 22.50$ an hour

10 hours of overtime is 225$ before taxes

After taxes it's 168$ take home pay

Divide the 168$ by 5 days gives you $33.60 per day

So an additional 33.60 per day divided by the 2 hours is a grand total of only taking home the $16.80 after taxes.. I make 15$ hourly allready so with overtime I'm working more for 1.80 for each hour over. So I don't and won't see the money [/quote]

OP, I am not sure what your thought process is, but I see your situation differently.

Decide whether you want to work 10 extra hours a week, or whether you want to decline and risk losing your job. To help yourself make that decision, look at the financial benefits of a 50 hour week vs. a 40 hour week.

1) You currently make $600/gross (so about $450/net?) a week for 40 hours. Does that pay your bills, give you some "fun money" and allow you to put money into savings and invest in an IRA? If the answer to that question is no, it would be wise to grab the chance to take home an additional $168/week.

2) Look at that 10 hours of OT as a 37% net pay raise. [b]You would literally be bringing home 37% more money per week![/b] Forget the hourly math you are doing. You are earning $120/gross ( ~$90/net) a day. With the OT, you would be earning $165/gross (~$123.60/net) per day. 2 additional hours a day to raise your pay by almost 40%/week? Hell yes!

3) You currently earn $31,200/gross per year. Adding 10 hours a week of work (25% additional work) would allow you to earn $42,900/gross a year. 520 more work hours for $11,700 more pay? Again, HELL yes! using the net increase in earnings of $168/week, you bring home ~$450/net now, but with OT you would bring home $618/net.

Unless you have a huge number of personal obligations that cannot be moved to different times, or you have physical limits on how many hours you can work, turning this down would be kind of crazy, IMO. What could you do with an extra $8,736 take home pay per year?[/quote]

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