Tips Per Hour Calculator
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The Tips Per Hour Calculator helps determine your earnings per hour based on the tips received and total work time. Calculating tips per hour can help in understanding your hourly efficiency, especially in tipped jobs like catering, bartending, or waiting.
Tips Per Hour Formula
\[
\text{TPH} = \frac{T}{H}
\]
Where:
- TPH: Tips Per Hour ($/hr)
- T: Total Tips Received ($)
- H: Total Work Time (hrs)
How to Calculate Tips Per Hour
- Total Tips Received ($): Start by recording the total amount of tips you’ve earned.
- Total Work Time (hrs): Track the total number of hours worked.
- Apply the Formula: Divide the total tips by the hours worked using the formula above.
Example Calculation
If you earned $120 in tips over 6 hours of work, the tips per hour would be:
\[
\text{TPH} = \frac{120}{6} = 20 \text{ dollars per hour}
\]
This calculation is valuable for tracking efficiency, negotiating wages, or evaluating job opportunities in tipped industries.