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Setting Hourly Costs & Wages for Lessons Longer or Shorter than One Hour

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Written by Teachworks Support
Updated today

In the Service List and on Student profiles, the cost is entered as an hourly rate. Wages in the Service List and on Employee profiles are also entered as hourly rates. If your lessons are longer or shorter than one hour and you would like those lessons to have a specific cost or wage, you will need to enter the equivalent hourly cost/wage.

When the lesson is scheduled, the hourly rate will be multiplied by the duration of the lesson, which will result in the desired cost/wage.

Calculation

You will need to divide the desired cost/wage for the lesson by the duration of the lesson to get the hourly rate. You can find some examples below of how this calculation works:

Example 1

If you have a desired cost of $60 for a 1.5 hour lesson, use the following calculation:

$60 divided by 1.5 equals $40.00 per hour.

Example 2

If you have a desired cost of $45 for a 50 minute lesson, use the following calculation: $45 divided by 50/60 equals $54.00 per hour.

Repeating Decimals

NOTE: If your hourly rate has a repeating decimal, it's important to make sure you include 4 decimal places so the system rounds the number to the full value.

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