Reviews For Mutual of Omaha Customer Service (1) customer. 2 days of waiting to speak to someone for a simply request.
1 Income / Hours = Hourly Rate. 2  Example: $15,000 / 2114 = $7.10 per hour. 3  You can check your results against this salary converter, which also allows you to correct for several different variables.ou can figure out your hourly rate based on an annual income, for a more accurate figure, or you find your hourly rate for a specific job or time period. 1  For example, if you get paid by the job or project, you may just want to keep track of the hours for that project to determine your hourly rate for that job.
The first method calculates the number of billable hours divided by the number of hours recorded in a particular time period. For example, if 40 hours of time is recorded in a week but only 30 hours of that was billable, the utilization rate would then be 30 / 40 = 75%.