Being bored in a long meeting last week I took out my notebook and started an interesting experiment. How much was I really being paid by hour?
At first this seemed like an easy undertaking: everyday I would reach the office at 8:30am and work until 6:30pm. 10 hours per day = 50 hours a week. Certainly dividing my salary by this 50 hours would yield my hourly pay? Man, was I wrong!
I had forgotten several things:
- Time and money spent getting to the office
- Business trips during free time (starting or ending trips on weekends or after working hours)
- Teleconferences at night
- Work dinners and drinks
Suddenly I realized that I was getting paid a lot less than I had originally thought.
Finding out how much I really worked and how little I earned was an eyeopener as I was sitting in the boring meeting.
Calculate this for yourself:
If the calculator can be improved please let me know in the comments!