Financial Tool

True Hourly Rate Calculator

Discover your actual hourly value by accounting for holidays, vacation time, and sick leave.

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Your True Hourly Rate
$0.00

This is what you actually earn per hour worked.

Comparison Analysis
Standard Rate (2080h) $0.00
Actual Annual Hours 0h
Difference: +$0.00 per hour

Why this matters for freelancers

Most people calculate their hourly rate by dividing their salary by 2,080 hours (40 hours × 52 weeks). However, this is a mathematical illusion.

If you are a freelancer or contractor, you don't get paid for:

  • Public holidays (Christmas, New Year's, etc.)
  • Vacation time to prevent burnout
  • Sick days and personal emergencies
  • Administrative time (invoicing, searching for clients)

To maintain the same standard of living as a salaried employee, you must increase your hourly rate to cover these "non-billable" hours. This calculator helps you find that True Hourly Rate.