1. What is the Pay Rate Calculator?

This calculator helps you determine your effective hourly rate based on total pay and hours worked, and compares it to NYC's minimum wage requirements.

2. How Does the Calculator Work?

The calculator uses a simple formula:

Where:

• \( Pay \) — Total compensation received (in dollars)
• \( Hours \) — Total hours worked

Explanation: Dividing your total pay by hours worked gives your effective hourly rate.

3. NYC Minimum Wage Information

Details: As of 2023, the minimum wage in New York City is $15.00 per hour for all employers. Rates may differ for tipped workers and in other parts of New York State.

4. Using the Calculator

Tips: Enter your total pay before taxes and exact hours worked. The calculator will show if your rate meets NYC minimum wage requirements.

5. Frequently Asked Questions (FAQ)

Q1: Does this include overtime calculations?
A: No, this calculates your base hourly rate. Overtime pay (1.5x normal rate) applies after 40 hours/week in NYC.

Q2: What if I'm a tipped worker?
A: Tipped workers have different minimum wage rules. As of 2023, the cash wage is $10.00/hr if tips make up the difference to $15.00.

Q3: How often is NYC minimum wage updated?
A: The wage is typically adjusted annually. Check the NYC Department of Labor for current rates.

Q4: What should I do if my rate is below minimum wage?
A: Contact your employer or file a wage claim with the NY Department of Labor.

Q5: Does this account for taxes or deductions?
A: No, this calculates gross (pre-tax) hourly rate only.