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.
This is not the same as the hourly rate; it is calculated as his or her total earnings in a week, divided by the number of non-overtime hours he or she worked in that week. This regular rate is then used to calculate the amount of overtime pay that is owed. Example B: Justine is paid $15.00 an hour, plus commission. In one work week, she worked 47 hours and was paid $705.00 in hourly wages, plus $100 in commission.