Free Hourly Rate Calculator
If you are looking for a resource on how to pay your employees accurately, you’ve come to the right place. Our free paycheck calculator makes it easy for you to calculate pay and withholdings. Use this tool to help calculate pay for all your workers, including hourly wage earners, and salaried employees. It’s a cinch to get started— enter your employee’s pay information and we’ll do the rest for you instantly. We crunch the numbers and give you a rundown of the paycheck amount and how much to deduct for things like social security, medicare, tax withholding (including federal income tax and local taxes), and voluntary deductions.
What is the Hourly Rate calculator? It's a simple tool that will help you calculate how much you need to charge per hour based on the lifestyle you plan to have and expenses associated with your web design freelancing work. Because if you're not sure about what hourly rate you're using on your web design contract, you're starting on the wrong. Our hourly paycheck calculator accurately estimates net pay (sometimes called take-home pay or home pay) for hourly employees after withholding taxes and deductions. To try it out, just enter the employee details and select the hourly pay rate option. Then, enter the number of hours worked, and the gross pay hourly rate.
To ensure accuracy, we use the most up-to-date tax information for local tax and federal withholding. Need to include overtime, bonuses, or commissions? It’s easy to do! Here’s how it works:
Hourly Wage PaycheckCalculator
Need to calculate paychecks for your 1099 workers? Our hourly paycheck calculator accurately estimates net pay (sometimes called take-home pay or home pay) for hourly employees after withholding taxes and deductions.
To try it out, just enter the employee details and select the hourly pay rate option. Then, enter the number of hours worked, the gross pay, hourly rate, and pay period. If you have additional payment info like overtime, bonuses, or commissions to enter, keep going. Be sure to include any federal filing status details like marital status, number of allowances and additional tax withholdings.
Once you have entered all of the general information, it’s time for some paycheck magic! Calculate the check and then download it to see the correct payment amount and all tax withholdings and deductions. It’s fast, easy, and accurate.
Salary Income Paycheck Calculator
If your employee earns a set salary, the salary paycheck calculator is the perfect option. Use it to estimate net vs. gross pay for W2 or salaried employees after federal and state taxes. If an employee has requested a voluntary deduction for tax withholding, no problem—you can include that info too.
To try it out, enter the employee details and select the salary pay rate option. Then, enter the employee’s gross salary amount. Need to factor in things like overtime, bonuses, or commissions? That’s easy to do—just enter the amounts in the “Additional Pay” section of the calculator. You’re almost done, be sure to include federal filing details and extra tax withholding amounts according to the employee’s payment profile.
When you’re all set, calculate the check and download it to see the correct payment amount and all tax withholdings and deductions for the employee. Once you see how quick the net pay is automatically calculated you’ll be hooked.
Intuit takes the guesswork out of payroll taxes. Ditch the complicated calculations and let us tackle them for you, so you can spend more time and energy on growing your business.
Since I have started this blog, Excel timesheet calculator template has been one of the most requested templates.
I often get queries on how to calculate regular hours and overtime hours of employees based on the ‘In time’ and ‘Out time’.
I also couldn’t find a good Excel timesheet template online, so I decided to make one.
This is a dynamic timesheet template in Excel where you can change the start date and the weekends. You can also specify hourly rates (regular/overtime).
There is a weekly, bi-weekly, and monthly timesheet template in the download file (each in a separate worksheet tab).
Also, when you print this timesheet template, it will fit perfectly on a single page.
Excel Timesheet Calculator Template
Here is a snapshot of the Weekly Excel Timesheet Template:
As soon as you enter the ‘In time’ and the ‘Out time’, the template automatically calculates the regular and overtime hours.
If there are any breaks (such as lunch break) that are not paid, you can also enter that. Based on it, it also calculates the total pay (considering there are hourly rates).
This Excel template is available in three formats – Weekly Timesheet, Bi-weekly Timesheet, and Monthly Timesheet (provided as different tabs in the download file).
How to Use this Excel Timesheet Calculator Template
Here are the steps to use this Excel Timesheet Template:
- Select the Week Start Date.
- Specify the weekend. You can select from various options in the drop-down. The options include – No Weekend, 1-day weekend (Mon, Tue…) or 2-days Weekend (Fri & Sat, Sat & Sun.). As soon as you select the weekend, those days get shaded in red in the timesheet.
- Specify the Start Time, # of Regular Hours, and Hourly Rate (Regular and Overtime). The start time should be in the hh:mm format (24-hour format). For example, 6 AM would be 06:00 and 6 PM would be 18:00.
- If all the Weekend hours are to be treated as overtime, select the checkbox. If unchecked, weekend hours would also be split into regular and overtime hours.
Consultant Hourly Rate Calculator
- Enter the In and Out time for a date, and break hours (if any). This Excel time sheet has formulas that will automatically calculate the total number of Regular hours and Overtime (OT) hours.
- Note that break hours are deducted automatically from regular hours.
A couple of points to keep in mind while using this Excel Timesheet template:
- There is an inbuilt check to make sure ‘In time’ is not later than the ‘Out time’. The template would not let the user enter the time in such a case. [This has been made possible using the data validation rules].
- If the work shift of an employee or team member spans to the next day (for example, starts at 6 PM and ends at 6 AM the other day), then make sure Day 1 time is 18:00 to 24:00 and Day 2 time is 0:00 to 6:00.
- Do not change any formulas in the timesheet. Only make the entries in ‘In time’ and ‘Out time’ columns. While deleting entries, delete it only from the ‘In time’, ‘Out Time’ and ‘Break Hours’ columns.
- I have changed the page margins to make it fit on a single sheet when printed.
What went into making this Excel Timesheet Calculator template
- Excel Formulas: A number of Excel functions such as DATE, MATCH, INT, IF and IFERROR are used to calculate the values (such as the date from selection or regular/overtime hours) in this timesheet template.
- Excel Drop Down List: It is used to allow the user to select the month name.
- Check Box -it is used to allow the user to specify if the weekends are to be charged at the overtime rate or not.
- Named Ranges/: These are used to refer to the data in the back end (in the data tab).
- Conditional Formatting.: It is used to highlight the rows when a given date is a weekend.
Average Hourly Rate Calculator
Download the Excel Timesheet Calculator Template
If there is an Excel template you wish existed, let me know in the comments section.
Frequently Asked Questions (FAQs)
Since I get a lot of queries about using this timesheet template, I thought of creating this FAQ section to answer some of your queries. If you’ve a question, you can ask me in the comment section, but I would request you to go through this section first.
You May Also find the following Excel Templates useful:
For your search queryBollywood Instrumental MP3we have found1000000songs matching your query but showing only top 10 results. Free mp3 instrumental downloads.
- Excel To Do List (4 Templates).
- Project Management – Employee Leave Tracker.
- Vacation Itinerary and Packing List Template.
- Excel Calendar Template (Monthly & Yearly)
If you are looking for an online timesheet calculator, check this.
Session expired
Hourly Cost Calculator
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.