Panama overtime calculator
Estimate daytime overtime at 25% surcharge (8-hour day) from monthly salary in USD.
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Panama overtime (25% daytime)
1.25× the ordinary hour in USD. Distinct from GT 1.5× and SV 2×.
Pairs with Panama net salary, thirteenth month, and settlement.
- Hour = salary/30/8.
- OT = hour × 1.25.
- Default $1,500 / 10 h → $78.13.
Frequently asked questions
How is daytime overtime paid in Panama?
At a 25% surcharge. Hour = salary/30/8. At $1,500 and 10 hours: $6.25 × 1.25 × 10 = $78.13.
Is it the same as Honduras?
The daytime recargo is 25% like Honduras, but in USD under Panama’s Labor Code. Do not copy GT 50% or SV 100%.
What is the ordinary workday?
This estimate uses 8 daytime hours. Daily = salary/30.
Does the total include monthly salary?
Yes: salary + overtime. At $1,500 and 10 hours = $1,578.13.
Is this legal advice?
No. Confirm with payroll and the Labor Code.