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The cost of your time if you are employed

Instructions: Amend the numbers in Blue, with your best estimates Weeks in a Year Statutory Holidays Weeks of Annual Leave Total Weeks you work Days you work each week Total Days you work Hours you work each day Total Hours you work 52 wks 2 wks 5 wks 45 wks 5.0 days 225.0 days 7.0 hrs 1,575.0 hrs

Your Salary The value of your benefits Your Package Your "on-cost" percentage* Your on-costs Your total cost of employment

20,000.00 0.00 20,000.00 50% 10,000.00 30,000.00

Your time cost per hour

19.05 per hour

* This is the cost your employer allocates to cover accommodation, equipment, statutory costs and other costs of employing you. It typically ranges from 30% to 50% of your salary and benefits.

The value and cost of your time if you are self-employed


Instructions: Amend the numbers in Blue, with your best estimates Weeks in a Year Statutory Holidays Weeks of Annual Leave Total Weeks you work Days you work each week Total Days you work Hours you work each day Total Hours you work 52 wks 2 wks 4 wks 46 wks 5.5 days 253.0 days 9.5 hrs 2,403.5 hrs

Business Operating Costs Business Turnover

18,000.00 60,000.00

Your time value per hour Your time cost per hour

24.96 per hour 7.49 per hour

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