Calculate the minimum hourly rate you need to charge to hit your income target after all costs.
Many freelancers set rates based on what an employee earns — completely ignoring non-billable time, business expenses, the lack of paid leave, sick leave, superannuation contributions and employer overhead. This calculator ensures you price for sustainability.
The key insight: A $75,000 salaried employee costs the employer $90,000+ when super, leave loading and overhead are included. As a freelancer, you are the employer — your rate must cover all of these costs.
Your calculated rate is the minimum you need to charge — not necessarily what the market will pay. Research rates on LinkedIn, Upwork or local industry associations. If your minimum exceeds market rates, look at reducing expenses or increasing your value proposition.