Hourly Wage Calculator

This "Real Hourly Wage Calculator" Reveals What You Really Make

When most people first try the real hourly wage calculator, they're quite surprised at the results. That's because real world numbers usually end up being far different from our hoped-for expectations. When you factor in the unpaid time spent travelling to and from work and getting ready for work (including any homework or unpaid overtime), plus the usual work-related expenses like transportation, clothing, and daycare, your after-tax, take-home wage is significantly reduced.

So your boss told you that you were getting paid $15 an hour? Don't believe it! This handy wage calculator will show you how much you are REALLY profiting (after tax, after work-related expense, actual take-home) from each hour of the day you devote to working -- both paid and unpaid.

But wait! Before you confront your boss with this startling computation, make sure you see both sides.

Yes, both sides.

You know, your boss's "side" and the "OUTside!"

Take Home Pay
Enter your take-home pay per pay period:
Number of pay periods per year:
Time Allocated to Work
Enter number of workdays per pay period:
Enter number of paid workhours per workday:
Enter minutes of unpaid breaks per workday:
Enter minutes of work-related commute time per workday:
Enter minutes spent getting ready for work per workday:
Unreimbursed, Work-Related Expenses
Number of work-related miles you drive your own car per workday:
Other work-related transportation costs per workday:
Your share of daycare expenses per pay period:
Dining out expense per workday:
Unreimburse Work-related Clothing Expenses per month:

Results
Monthly Take-Home:
Monthly Work-Related Expenses:
Monthly Net-Profit:
Monthly Work-Related Hours:
REAL HOURLY WAGE:
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How To Increase Your Wage

Now, thanks to the real hourly wage calculator, you know why your paycheck doesn't always stretch as far as it should. Use what you've learned to see whether there is any way you increase your hourly rate by reducing some of your unpaid expenses.

Try inputing different amounts for your unreimbursed, work-related expenses and see what difference it makes. For instance, you might be able to cut back on some of your transportation, dining out, or clothing expenses. By doing so, you could increase your real hourly wage and have more money in your pocket.

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