Man-hour is the amount of work performed by an average person in one hour and the wages are on an hourly basis.
Multiplying number of hours invested with hourly wage will provide cost incurred on a particular project against the budget. The result derived from the calculation will ensure whether the project is profitable or making a loss.
To calculate Man-hour rate, please click on the man-hour calculator option.
Select I pay monthly, or I pay yearly as the payment cycle for the particular person.
Insert the amount in the monthly salary or yearly salary field along with the number of working hours in a month and click Compute. An hourly calculation is displayed in the per hour field. Click Apply button to setup an hour rate