How Do I Compute My Hourly Rate?

Here’s how to compute the employee’s daily rate.

 

For Monthly Paid employees 

Hourly rate = (Monthly Rate X 12) / total working days in a year/ total working hours per day

Php 71.88 = (15,000 X 12) / 313 / 8

 

For Daily paid employees

Hourly rate = (Daily rate/total working hours per day)

Php 57.00 = (456.00/8)