How To Work Out Hourly Rate. The downside of method 1. To keep things simple well say you work 35 hours per week and earn 20000 per annum.
Formula to calculate hourly rate. With this total figure the following calculation can help you work out your hourly rate. First calculate your weekly rate.
Divide the weekly wages by 40 hours.
How much do you get paid GP. The most often used hourly rate calculation is to divide the salary you want by the number of hours worked each year. Adding 20 this would increase our total turnover to 64800 or around 54 per hour as the charge out rate. So lets put in some figures and calculate an example.
