Teaching · For Tutors · Business

$60 an hour, advertised.
What do you really earn?

Type your price, the minutes around each session and your costs. The calculator steps the advertised rate down to what you earn per hour worked.

Find my real rateWhat you get
$12one-time · every device you sign in on
Buy · $12

Included with Caveat Classroom and Whole-school licenses. Or get it in the Tutoring business kit, $69 for 80 items.

The tutor effective hourly earnings calculator

The worked example is an in-home chemistry tutor charging $60 for an hour. Nothing you type leaves this browser.

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What you get

Teaching · For Tutors$12 · included with Classroom and Whole-school licenses

What you finish with
Your real earnings per hour worked, the step-by-step drop from the advertised rate, the week’s earnings and hours, and the unpaid block most worth trimming. It prints as a one-page summary.
Who it is for
Independent tutors comparing online and in-person work or deciding whether a price still pays, and tutoring center owners checking what a tutor’s schedule really pays.
Format
Browser calculator for a phone, tablet or computer, by touch or keyboard. Prints a summary; downloads a spreadsheet (.csv); export and import a file.
Access
$12 one-time, yours on every device you sign in on; the tool opens once you are signed in with it. Included with Caveat Classroom and Whole-school licenses. Also in the Tutoring business kit ($69) and the Teaching Suite pass ($199), and 1 more bundle. Everything you type stays in this browser; nothing is sent to Caveat.
Where it lives
The For Tutors space in Caveat Teaching.
Support
Questions, a correction or a request: team@caveatacademic.com.

How to use it

  1. Type the price and length of a session.
  2. Add the unpaid minutes around it.
  3. Add the fee and costs per session.
  4. Add unpaid cancellations and your week.
  5. Trim the biggest unpaid block first.

Find my real rate

How the real rate is worked out

Divide what is left of the price by all the time a session takes.

The worked example: in-home chemistry at $60Advertised$60.00$60 for 60 minutesAfter costs$51.20fee, travel, materialsAfter unpaid time$26.71115 minutes a sessionReal$26.41after 5% cancellationsThe worked example: in-home chemistry at $60Advertised$60.00$60 for 60 minutesAfter costs$51.20fee, travel, materialsAfter unpaid time$26.71115 minutes a sessionReal$26.41after 5% cancellations
Each step divides what is left of the price by more of the time the session really takes.

Count all the minutes

A one-hour session priced at $60 is only $60 an hour if nothing happens before or after it. Preparation, the drive there and back, notes and messages to the family are work too. The calculator divides what you keep by every one of those minutes.

Cancellations cost time

When a family cancels late and you do not charge, you lose the fee but have usually already prepared, and the admin still happens. The calculator keeps preparation and admin in every booked session and drops only the teaching and travel time of the sessions that do not happen.

Sources

  1. U.S. Small Business Administration. Calculate your startup costs; Manage your finances; Break-even point (sba.gov).
  2. Internal Revenue Service. Self-Employed Individuals Tax Center and Publication 334, Tax Guide for Small Business (irs.gov).
  3. U.S. Bureau of Labor Statistics. Occupational Outlook Handbook: teachers, tutors and instructors, pay and work schedules (bls.gov/ooh).
  4. Internal Revenue Service. Standard mileage rates (irs.gov), for pricing travel by the mile.

Arithmetic on your own sessions; earnings are before tax. Your entries stay in this browser. Support: team@caveatacademic.com.