Need to develop a program, but I am really lost, can someone please exlain?

1. Develop an algorithm that will determine the gross pay of 10 employees. You need to read the hourly rate, and the amount of hours worked by each employee. After 40 hours the pay should be 1.5 the hourly rate, and no employee should have more than 55 hours. The program should display the hours, hourly rate, and gross pay of every employee.