Flex
Option Wage
Comparison Worksheet
Have you ever stopped to think what your REAL hourly rate is? Or have
you been too afraid? Fill in the items below to do a real hourly rate
calculation estimate. And, if you are interested in working an alternative
work arrangement, fill in that section to determine the change in monthly income
and hourly rate. You may be surprised!!
NOTE:
You must enter data in ALL fields on this page in order to calculate a
comparison
CURRENT WAGE INFORMATION
Enter the following information about the wage you currently earn:
**NOTE: Information entered is for purposes
of calculation only and will not be saved or used in any other way.
Your take home pay per pay
period:
# of pay periods per year (if
paid every other week=26, twice a month=24):
# of workdays per pay period:
Actual average # of hours you
work per pay period:
# of minutes of commute time
per workday:
# minutes spent getting ready
for work per workday:
WORK-RELATED EXPENSES
Enter the following information about the current work-related
expenses you incur:
# of work-related miles you
drive your own car per workday (will calc 32 cents per mile):
Other work-related
transportation costs per workday (fares, tolls, parking, etc.):
Day Care expenses per workday:
Dining out expense per
workday. Include carry out dinners that result when no one has
time to cook! (will use 66% of purchase to calc cost above meals at
home.):
Work-related clothing expenses
per month (suits, nylons, uniforms, dry cleaning):
*Office gifts per month
(birthdays, showers):
Other misc. work-related
expenses per month:
ALTERNATIVE WORK ARRANGEMENT
SCENARIO
Enter the following information about the alternative work
arrangement you would like to compare to your current work arrangement:
What % of current actual hours worked is
the alternative work arrangement? (e.g. half time = .50 or
teleworking full time would = 1.00):
# days per week that you will commute to the
office:
# days per week that you will use day care: