DayRate is a useful tool for individuals working in the film industry who want to ensure they are being paid correctly for their time. The app simplifies the process of calculating overtime wages by inputting your daily hours from your timecard. It adheres to industry standards, such as 1.5x overtime after 8 hours and 2x after 12 hours, making it easy to verify your paycheck.

Moreover, DayRate can assist in determining billable hours for invoicing purposes. It also helps in estimating your hourly rate based on guaranteed hours for a job. It's important to note that while DayRate is a handy resource, it is not legally binding and should be used for wage estimation purposes only.