True Hourly Rate Calculator
Add commuting and overtime to see what you really earn per hour.
Calculate Your True Hourly Rate
£
True hourly rate calculator guide for UK workers
WeCovr's true hourly rate calculator helps UK workers understand real earnings, backed by FCA-authorised guidance and 900,000+ policies issued across protection products. WeCovr also supports private medical insurance UK planning, while this guide explains true hourly pay basics.
What this true hourly rate calculator estimates
The calculator adjusts your annual salary for unpaid overtime and commuting time.
It highlights how extra hours can reduce your effective hourly rate.
Compares contracted vs true hourly rate.
Quantifies the hourly drop from extra time.
Supports work-life balance decisions.
Why time costs matter
Commuting and unpaid overtime can add up quickly, which changes the true value of your salary.
Why WeCovr supports working health
WeCovr provides FCA-authorised guidance with high customer satisfaction ratings. We also offer complimentary access to the CalorieHero AI calorie tracking app and discounts when customers take PMI or Life insurance. If you are comparing private medical insurance UK options, we can help you access private health cover through a trusted PMI broker.
Data sources and guidance references
This guide references UK working time guidance and household budget benchmarks.
Hourly rate influences
| Factor | Effect | Example | Notes |
|---|---|---|---|
| Overtime | Lower rate | Extra 5 hours | Unpaid hours count |
| Commute | Lower rate | 2 hours/day | Time cost matters |
| Weeks worked | Lower rate | Fewer breaks | Include leave |
Related WeCovr resources
FAQs
Does this include bonuses?
No. It uses base salary only. You can add bonuses to the salary input if needed.
Is commuting time work time?
Not usually, but it does reduce your real hourly earnings.
Should I include unpaid breaks?
Yes. Any time that reduces available personal time can be added.
Is this financial advice?
No. It is a planning tool only.