How to use this calculator
Enter annual income and overhead, weeks after time off, weekly hours, and the share of hours that can be billed.
Formula and method
Annual billable hours = weeks × weekly hours × utilization. Hourly rate = (income + overhead)/billable hours.
Worked example
80,000 income plus 20,000 overhead over 46 × 40 × 60% = 1,104 billable hours gives 90.58 per hour.
Assumptions and supported scope
Simple annual cost recovery with no tax rule, financing cost, margin buffer, or collection risk. Day and project amounts include only entered billable hours.
Method references
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