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Flat Rate Pay (Book)
$0.00
Actual Value (if hourly)
$0.00
Efficiency
--%
How Flat Rate Pay Works:
Flat Rate Pay: What you get paid (Book Time × Hourly Rate)
Actual Value: What you'd earn if paid hourly (Actual Time × Hourly Rate)
Efficiency: (Book Time ÷ Actual Time) × 100
💡 Key Point
You always get paid the Flat Rate amount, but working faster increases your effective hourly rate!
Example:
Book Time: 2.0 hrs × $25.00 = $50.00 (What you get paid)
Actual Time: 1.5 hrs
Effective Rate: $50.00 ÷ 1.5 hrs = $33.33/hr
Efficiency: 133% (33% faster than book time!)
Your Effective Rate:
$0.00/hr
This is your actual earnings per hour worked