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Calculations are made on the following basis:
First we convert the annual salary figure entered into disposable income (what you take home after income tax and NI deductions). We then deduct the time spent sleeping, working, commuting and cooking/eating on both working and non-working days to calculate how much free time you have. We then divide your your disposable income by this free time figure to give you the value of your time.
Calculations are made on the basis of a 5 day work week, with 28 days paid annual leave per year. We’ve assumed the same amount of time is spent sleeping and cooking/eating on both working and non-working days.