CalculynQuick answer
A $75,000 job with a $3,000 bonus and $3,000 match, 45-hour weeks, a 50-minute commute, $450/month in commute and insurance costs and 15 days off works out to about $31.38 an hour — not the $36.06 it looks like on paper.
How it works
Your salary divided by 2,080 hours flatters your pay. This adds bonus and 401(k) match, subtracts what the job costs you (commute and health premiums), and counts every hour the job actually takes — including extra hours and commuting — minus paid days off.
Formula
Real hourly = (salary + bonus + match − commute costs − health costs) ÷ (work hours + commute hours)
Assumptions & limitations
- Results are rounded for display.
Frequently asked questions
Why is my real wage lower than salary ÷ 2,080?
Unpaid extra hours and commute time add hours, and job costs reduce what you keep, so each hour is worth less than the headline number.
Should I include taxes?
This compares jobs before tax. Taxes affect every option similarly, so leaving them out keeps comparisons simple.