Hourly labour cost calculator
Estimate the cost of a productive hour using annual pay, overheads and available hours.
What is Hourly labour cost calculator for?
Estimate the cost of a productive hour using annual pay, overheads and available hours.
- •Loaded annual pay
- •Annual productive hours
- •Estimated hourly cost
The calculator
Enter annual gross pay, overheads, annual contractual hours and productive ratio. Loaded annual pay is divided by estimated productive hours. Do not add bonus salary months again when annual pay already includes them. The calculator starts with a different example from the guide: keep these defaults or replace them with your own company figures.
Fields start from a realistic example — replace them with your own numbers.
This estimate depends on your inputs: check the overhead rate with your payroll adviser. Without productive hours, an hourly rate cannot be calculated.
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