Multiply your hourly rate by 1.5, then by the hours you worked over 40 in the week. See the formula, worked examples, federal and state rules, and how overtime is taxed.

A 3% raise on a $55,000 salary adds $1,650 a year, for a new salary of $56,650. See what that means per month, per paycheck and per hour, and roughly how much you keep after taxes.