Hourly Rate Calculator is a web-based tool that helps freelancers calculate their hourly rate. With a number of different values to enter, Hourly Rate Calculator calculates the necessary monthly millable hours in order to meet your requirements. With fields for required monthly salary, employee benefits, works hours per day and work days per week, it takes nearly all applicable information into consideration. What you’re left with it a simple answer when finding your required hourly rate. For freelancers who are new to the game or who just need a quick formula to calculate hours, it’s a useful and streamlined tool.