hourly rate

Pay per hour

An hourly rate is the amount of money paid or charged for one hour of work or service.

Wages for employees are often expressed as hourly rates: The job pays an hourly rate of eighteen dollars.

Professionals like lawyers and consultants typically bill clients at an hourly rate rather than a flat fee.

Related

time and a half · paycheck · take-home pay · billable · invoice · remuneration · earnings · timesheet · punch the clock · charge · service fee · payroll · income · bonus · work schedule · freelance · contract work · deductions

Categories
Opposites
compensation structure

hourly ratesalary

Fixed periodic employment payment

annual salary · retainer · stipend · guaranteed income · base salary

payment frequency/unit

hourly rateannual rate

Per-year measurement

monthly rate · weekly rate · daily rate

work arrangement type

hourly rateflat fee

Unchanging service charge

lump sum · fixed price · piece rate · commission · completion bonus

Family

rate, hour

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G