Jinsi ya kukokotoa Hourly Rate
Hourly Rate ni nini?
An hourly rate calculator converts an annual salary to an equivalent hourly rate, or vice versa. It accounts for the number of working hours per year, helping employees compare job offers, overtime rates, and freelance rates.
Mwongozo wa Hatua kwa Hatua
- 1Determine working hours per year: typically 52 weeks × 40 hours = 2,080 hours/year
- 2Subtract paid holiday and bank holidays (usually 25–33 days in UK = ~200 hours)
- 3Hourly rate = Annual salary / Effective working hours
- 4Freelance rate must be higher to account for no employer benefits, taxes, and downtime
Mifano Iliyotatuliwa
Ingizo
Annual salary £40,000 · 1,820 effective hours
Matokeo
£21.98/hour
£40,000 ÷ 1,820
Ingizo
Hourly rate $25 · 2,080 hours
Matokeo
$52,000 annual equivalent
Full-time equivalent