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What to charge for an hour

Type in what you want to take home in a year, after tax. Add five more numbers and the calculator works back to what an hour of your time has to cost, showing every step.

Nothing you type is sent anywhere. The numbers stay in your browser.

An hour of your time
$134

At 15 billed hours a week for 46 weeks, that’s 690 hours and $92,573 collected across the year.

Where it goes

Read it from the bottom up.

Clients pay you$92,573Across the year, before anything is taken out
Payment fees−$3,2403.5% of what they paid
Practice costs−$6,000Software, insurance, a room, an accountant
Tax−$23,33328% of what was left
You keep$60,000Yours to spend

The number that moves it most

The hours a client pays for. A forty-hour week isn’t forty billed hours; the rest is proposals, invoices, notes and finding the next client.

10 hours a week
$201
15 hours a week
$134
20 hours a week
$101
25 hours a week
$80

Questions

How much should a coach charge per session?

Work back from what you want to keep. Add what the practice costs to run, the tax you'll owe and the fees a card payment takes, then divide by the hours you'll bill. Keep $60,000 on 15 billed hours a week and the price lands near $134 an hour.

Why is the price higher than my salary divided by 2,000?

A salary pays you for every hour, and a rate pays only for the hours you bill. On your own you also pay both halves of the tax, buy your own software and insurance, and take weeks off without pay.

How many hours can I really bill in a week?

Between 10 and 20, for most practices of one. Proposals, invoices, notes, scheduling and finding the next client take up the rest. Log a real week before you plan on more.

Should I charge less when I am starting out?

Run the numbers first. At $90 instead of $134, you need half again as many billed hours to earn the same year. If you discount anyway, give the discount an end date.

What share should I set aside for tax?

If you've filed a return before, take what you paid as a share of what you earned. If you haven't filed one yet, guess a little high.

Does this include what WorkWith charges?

It can. The payment fees field covers what a card processor takes, about 2.9% and 30¢ per payment. Taking payment through WorkWith adds 0.75% on top. The plan is $29 a month, and that belongs in practice costs.

WorkWith puts your services, your hours, your agreement and payment behind one link, and a client books and pays on it in five taps.

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