Find out the 'true' value of your time by accounting for the hidden costs of work.
Real Hourly Wage = (Total Compensation - Commute Costs) / (Working Hours + Commute Time)
This calculator treats your commute time as 'forced' work time. If you spend 10 hours a week in a car, you are effectively working those hours but getting paid 0 for them. We also subtract the literal out-of-pocket costs for fuel, wear and tear, or public transport tickets.
The calculator identifies your actual earning power by subtracting the hidden costs of employment from your gross compensation.
We determine the 'True Hourly Wage' by factoring in the total time investment required for the job.