Educational only: Work and pay decision support, not tax, legal, financial or career advice.
Privacy: No account is required. Tool inputs and results stay in this browser. Anonymous categorical usage analytics send only governed page, tool, cluster and action identifiers; tool inputs and results are never sent. Error monitoring is disabled. Optional saved state stays only on this device.
Update policy: Reviewed when formulas or official dependencies change.
Scope: Market-neutral work and pay planning using your own assumptions.
What this calculator helps you decide
Best for
Workers annualizing a reference hourly rate they supply themselves.
Outputs
Current and reference annual pay plus hourly and annual gaps.
Start here
Enter current and reference rates; the tool does not supply an official minimum wage.
- Close-intent boundary
- Do not use this to treat the entered reference as an official minimum wage; use Pay Period Converter for ordinary gross pay conversion.
Compare pay and working hours
Minimum Wage Comparison Using Your Rule: current and reference annual pay plus hourly and annual gaps.
Current and reference annual pay plus hourly and annual gaps.
Current and user-entered reference pay
Enter both hourly rates. Wage101 does not supply or label an official minimum wage here.
Your numbers stay in this browser
Your current entered hourly rate.
A reference rate supplied by you, not an official minimum wage.
Hours worked per week.
Weeks worked in the annual comparison.
Calculated result
The engine returns 29,120 current pay, 31,200 reference pay and a 2,080 gap.
Use one currency consistently across all inputs.
PDF and CSV exports stay on this device. Clean page links contain no inputs.
Scenario comparison
Each row names the assumption axis changed from the baseline.
ScenarioResultDifference
Entered scenario2,080.00Baseline
Reference hourly rate: 16.00 currency units4,160.002,080.00
Save these results, change an input, then compare the updated figures with this baseline.
The baseline is temporary in this tab and is not added to shared scenario links or generated reports.
Calculation details
View calculation detailsView the formulas and inputs used for these results.
Annual pay gap
Annual pay gap
annualGap = (userReferenceHourlyRate − currentHourlyRate) × weeklyHours × weeksPerYear2,080.00 currency unitsResult2,080.00 currency units
Reference annual pay minus current annual pay. Displayed using the engine-rounded value.
Annual pay gap formula →Current annual pay
Current annual pay
currentAnnualPay = currentHourlyRate × weeklyHours × weeksPerYear29,120.00 currency unitsResult29,120.00 currency units
Current hourly rate multiplied by annual hours. Displayed using the engine-rounded value.
Current annual pay formula →Reference annual pay
Reference annual pay
referenceAnnualPay = userReferenceHourlyRate × weeklyHours × weeksPerYear31,200.00 currency unitsResult31,200.00 currency units
User reference rate multiplied by annual hours. Displayed using the engine-rounded value.
Reference annual pay formula →Inputs used
- Current hourly rate
- 14.00 currency units
- Reference hourly rate
- 15.00 currency units
- Weekly hours
- 40
- Weeks per year
- 52
Open this calculator with preset values
This calculator supports documented, shareable scenario URLs. Compatible assistants and applications can construct links using the parameters below.
Scenario values are visible in the URL, calculations run in the browser, and optional saved state stays only on this device. Anyone you share the URL with can read those numbers, so do not include private or identifying data.
| Parameter | Meaning | Unit | Allowed values | Presence | Default |
|---|---|---|---|---|---|
| currentHourlyRate | Your current entered hourly rate. | currency units/hour | 0 to 100000000 | Required | 14 |
| userReferenceHourlyRate | A reference rate supplied by you, not an official minimum wage. | currency units/hour | 0 to 100000000 | Required | 15 |
| weeklyHours | Hours worked per week. | hours/week | 0 to 168 | Required | 40 |
| weeksPerYear | Weeks worked in the annual comparison. | weeks/year | 1 to 53 | Required | 52 |
Minimum Wage Comparison Using Your Rule: current and reference annual pay plus hourly and annual gaps.
The result compares only the two hourly rates you entered.
Formula summary
- Primary formula
- annualGap = (userReferenceHourlyRate − currentHourlyRate) × weeklyHours × weeksPerYear
Data used here
- The estimate uses your inputs and the work-value formula documented in the methodology.
Decision checks
Act on the result
Verify any official wage rule separately before using it as the reference rate.
Stress-test the decision
Retest weekly hours and weeks worked.
When this estimate can be misleading
- The tool never supplies or labels an official minimum wage.
- Local wage coverage, age bands, occupations, tax and premiums are excluded.
- The result compares only the two hourly rates you entered.
Educational estimate, not advice. See all assumptions & limitations →
Related reading
Use these practical guides to interpret the decision and its assumptions.
- How to use the Minimum Wage Comparison using your rule calculator safely
Compare current and reference pay without supplying or labelling an official minimum wage.
Read guide
Frequently asked questions
How does my current hourly rate compare with the reference rate I enter?
Verify any official wage rule separately before using it as the reference rate.
Does this calculate tax or take-home pay?
No. It uses the gross, pre-tax assumptions you enter and applies no local tax, payroll or employment rule.
Which official source and period does this use?
This market-neutral tool does not use an official local policy rule.
Can I share or save a scenario?
Tool inputs and results stay in this browser. Anonymous categorical usage analytics send only governed page, tool, cluster and action identifiers; tool inputs and results are never sent. Error monitoring is disabled. Optional saved state stays only on this device.
What should stay consistent when I compare the options?
Keep the time basis, units and included costs consistent across options, then verify the assumptions that create the largest difference.