Hourly and day rate calculator
Turn your annual income target into an hourly and day rate.
Find your sustainable rate
Allow for holidays, admin and time between jobs.
Hourly rate = (annual income target + annual overheads) ÷ billable days ÷ billable hours per day.
Quotes, travel, bookkeeping and holidays all reduce the time you can charge for. Use realistic billable hours, rather than every working hour.