Enter the total amount earned ($) and the total hours worked (hrs) into the Hourly Rate Calculator. The calculator will evaluate the Hourly Rate.
Hourly Rate Formula
The following two example problems outline the steps and information needed to calculate the Hourly Rate.
HR = E / H
- Where HR is the Hourly Rate ($/hr)
- E is the total amount earned ($)
- H is the total hours worked (hrs)
To calculate the hourly rate, divide the amount earned by the hours worked.
How to Calculate Hourly Rate?
The following example problems outline how to calculate Hourly Rate.
Example Problem #1:
- First, determine the total amount earned ($).
- The total amount earned ($) is given as: 1,000.
- Next, determine the total hours worked (hrs).
- The total hours worked (hrs) is provided as: 10.
- Finally, calculate the Hourly Rate using the equation above:
HR = E / H
The values provided above are inserted into the equation below and computed.
HR = 1,000 / 10 = 100 ($/hr)
Example Problem #2:
For this problem, the variables required are provided below:
total amount earned ($) = 2,000
total hours worked (hrs) = 10
Test your knowledge using the equation and check your answer with the calculator.
HR = E / H = ?
