How to Calculate Employee Hourly Rate. If you work on a salary basis, you may find it helpful to determine what employee wages would be if calculated on an hourly basis. Such a figure will assist ...

Any overtime pay your hourly workers earn should be included as well. You can compute the annual gross pay for your company's hourly employees by creating a simple spreadsheet using Excel.

Calculating an annual rate of growth for your salary will allow you to compare the growth in your salary to wage trends in your industry, or to increases in your cost of living.