Minimum hourly rate calculator

I enjoyed this post about how to calculate a minimum hourly rate strictly using available hours in the year and some basic custom inputs. I thought it would be fun to make this a simple form to be able to easily play with the variable inputs. So, here it is. Thanks to Matt Henderson for the original post and calculation formula.

Hourly rate calculator

Use this form to calculate what your minimum hourly rate should be.

National Holidays*
Holidays per country can be viewed here.
Vacation / PTO Days Per Year*
Percent of time billable
Most people will be between 50% - 75%
Billable Hours Per Year
This number is generated based on the inputs above.
Average Yearly Salary
Overhead Percentage
Desired Profit Percentage
Employee Cost
This number is generated based on the inputs above.
Minimum Hourly Rate
Price: $0.00
Your Email*
Your email is only necessary if you wish to receive a copy of your calculation.
Phone
This field is for validation purposes and should be left unchanged.

This form is built with Gravity Forms.