Getting to your minimum hourly rate

So how do you calculate your hourly rate? That’s easy, it’s the salary you want to make, divided by 52 weeks a year, divided by 40 hours a week. Simple!

Right, right?! It’s a tad more complex than you might thing at first:


Next to showing one how to calculate the minimum rate, it also holds some golden advice:

If you go below your minimum rate, even for a friend or charity, you are hurting yourself and your business. There is no shame in passing on work, if you are putting yourself in financial trouble.

Getting to your minimum hourly rate →

Published by Bramus!

Bramus is a frontend web developer from Belgium, working as a Chrome Developer Relations Engineer at Google. From the moment he discovered view-source at the age of 14 (way back in 1997), he fell in love with the web and has been tinkering with it ever since (more …)

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  1. Kleine denkfout.
    52 weken per jaar, 40 uur per week?

    Dan hou je geen rekening met:
    – vakantie
    – onderzoek, bijscholing
    – tijd gespendeerd aan prospectie en sales
    – tijd voor administratie

    1. Best de link volgen — Eindformule komt op volgende uit:

      ((12 * monthly expenses) + (annual expenses))/(weeks worked * hours worked per week) = minimum hourly rate
  2. In België is de loonberekening wel een beetje ingewikkelder: om te beginnen is de belasting in schalen. Dan heb je BTW wat je in principe terugkrijgt op uitgaven, maar niet altijd. Etc, etc 😉 het heeft me meer dan 2j geduurd eer ik een spreadsheet had die min of meer simuleert wat ik verdien.

    1. Should be noted indeed that the rate calculated is the income sans VAT, after taxes.

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