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. For example, cell A3 below contains the SUM function which calculates the sum of the range A1:A2.