Iceland Overtime Pay Calculator
Free Iceland overtime pay calculator with country-specific defaults and clear step-by-step results.
About Iceland Overtime Pay Calculator
Calculates extra pay for overtime hours using your base rate and the overtime multiplier (often 1.5× for time-and-a-half).
Formula
Formula
Overtime pay = overtime hours × hourly rate × multiplier
Multiplier rules vary by Iceland labour law and employment contract.
Frequently Asked Questions
How does this calculator work?
Calculates extra pay for overtime hours using your base rate and the overtime multiplier (often 1.5× for time-and-a-half).
Are the figures specific to Iceland?
Tracking overtime earnings clarifies take-home expectations and helps you confirm your pay stub is correct.
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Iceland specifics
- Currency
- ISK
- Region
- Europe
- Country code
- IS
- Amounts look like
- ISK 1,234,568
- Dates look like
- Mar 9, 2026
- Units
- metricWeek starts Sunday
Results on this page are expressed in ISK. Figures are estimates for general planning — confirm current rates and thresholds with the relevant Iceland authority before relying on them.