Illinois's overtime minimum wage is $12.38 per hour, one and a half times the regular Illinois minimum wage of $8.25. If you earn more then the Illinois minimum wage rate, you are entitled to at least 1.5 times your regular hourly wage for all overtime worked.
Quick Answer. In Microsoft Excel, a function is a type of formula that allows the user to perform mathematical, statistical and logical operations more easily. While it is possible to create a unique formula, Excel offers users a variety of preset formulas that they term functions. Continue Reading.
Formulas and Functions. Enter a Formula | Edit a Formula | Operator Precedence | Copy/Paste a Formula | Insert a Function. A formula is an expression which calculates the value of a cell. Functions are predefined formulas and are already available in Excel. For example, cell A3 below contains a formula which adds the value of cell A2 to the value of cell A1.