How to Calculate an Hourly Rate (Freelancers & Employers)

An hourly rate is the wage per working hour, used for part-time jobs, overtime, and freelance pricing.

From a Monthly Salary

Hourly rate = monthly salary ÷ (hours per week × 4.33)

(4.33 = average weeks per month)

Example: 30,000 THB/month, 40 hours/week:

• 30,000 ÷ (40 × 4.33) = 30,000 ÷ 173.2 ≈ 173 THB/hour

For Freelancers

Hourly rate = (target annual income + expenses) ÷ annual working hours

Example: target 600,000 THB/year + 100,000 expenses → 700,000 ÷ 1,600 hrs ≈ 437 THB/hour

Where It Applies

• Hiring freelancers or part-timers
• Overtime and side jobs
• Service pricing (handymen, tutors, designers)
• Comparing jobs before accepting

Try the hourly rate calculator to calculate your rate now.