Real Hourly Wage Calculator from Mortgage Referral

Real Hourly Wage Calculator

So your boss told you that you were getting paid $10 an hour? Don't believe it! This calculator will show you how much you're REALLY profiting (after-tax, after work-related-expense takehome) from each hour you devote to working -- both paid and unpaid. But wait! Before you approach your boss with this startling computation, make sure you see both sides. You know, your boss's "side" and the "outside!" ;-)

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields (dollar signs and other non-numeric characters will cause a JavaScript error).

Take Home Pay

Enter your takehome 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:
Calculator computes cost at 32 cents per mile.

Other work-related transportation costs per workday:
Fares, tolls, parking fees, etc.

Your share of daycare expenses per pay period:
Or entire daycare if not working would eliminate it completely.

Dining out expense per workday:
Calculator computes cost at 66% of purchase (amount above actual cost of food).

Unreimbursed work-related clothing expenses per month:

Union Dues per pay period:

Office gifts (birthdays, showers, etc.) per month:

Results:

Monthly TakeHome:

Monthly Work-Related Expenses:

Monthly Net-Profit:

Monthly Work-Related Hours:

Real Hourly Wage: