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Gross Annual Salary 40,000.00 20,000.

00
Gross Monthly Pay 3,333.33 1,666.67

Weeks in a Year 52
Weeks Vacation/Holiday 8 30%
Working Weeks in a Year 44 12,000.00

Working Days per Week 4 20%


Working Hours per Day 8 8,000.00
Working Hours Per Week 32
% of Billable working hours per week 50%
f Administrative working hours per week 50%
Billable Hours per week 16

Billable hours per year 704


Hourly Rate 56.82
Hourly Rate 57.00
Net Annual Salary
Net Monthly Pay

Tax Rate
Total Taxes
To make this sheet editable, go to the File Menu,
Expenses Planning Percentage and click Make a Copy. This will create your own
Business Expenses version of the Hourly Rate Calculator.

You can delete this instruction box in your copy.

Any questions, send an email to


audrey@audreynoakes.com

Thanks!
Audrey
ditable, go to the File Menu,
y. This will create your own
Rate Calculator.

struction box in your copy.

an email to
es.com
Hourly Rate 57.00

Estimated Hours Cost at Hourly Rate


Package 1 10 570.00 600.00
Package 2 30 1,710.00 1,800.00
Package 3 60 3,420.00 3,500.00

What if you increased your efficiency 150%


Package 1 6.7 600.00
Package 2 20.0 1,800.00
Package 3 40.0 3,500.00

Total Annual
Effective Hourly Rate Working Hours Efficiency Gains?
90.00 704 63,360.00 23,360.00
Effective Hourly Rate
90.00
90.00
87.50

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