Hourly Rate Calculator
Calculate the hourly rate earned from a project fee and the hours worked.
Hourly Rate from Project
Effective Hourly Rate
$62.50/hr
Formula
Hourly Rate = Project Fee ÷ Hours Worked
Example: $5,000 fee ÷ 80 hours = $62.50/hr effective rate
Frequently Asked Questions
What is an effective hourly rate?
It is the actual hourly rate you earned on a project after dividing total pay by total hours.
Should I include non-billable hours?
Yes — include all hours spent on the project (emails, revisions) for an accurate effective rate.