The following is taken from a FaceBook posting from Troy Wilcox (https://wilcoxsound.com/) in answer to someone wanting to know how to calculate the hourly rate when quoting a daily rate. I have not officially asked Troy if I could copy his posting, but I assume that since it was a public posting -- he will not object. Besides, I have known Troy since the eighties!!! We were all a part of Skyline Productions (sound rentals, sales, crew) and then its successor Wilcox Sound. In those days, Troy was a Utility Sound Technician and Boom Operator, working episodic TV and commercials.
This is a break down on hourly rates
Hourly rate break down based on daily rates of $200-$650
Commercials & Music Videos
Hope it’s helpful if so give it a like.
$200 for 10 Hour Guarantee
1X $18.18181818181818
X8 = $145.4545454545455
1.5 $27.27272727272727
X2 = $54.54545454545455
X8+X2 = $200.00
$200 for 12 Hour Guarantee
1X $14.28571428571429
X8 = $114.2857142857143
1.5 $21.42857142857143
X4 = $85.71428571428571
X8+X4 = $200.00
$250 for 10 Hour Guarantee
1X $22.72727272727273
X8 = 181.8181818181818
1.5 $34.09090909090909
X2 = $68.18181818181817
X8+X2 = $250.00
$250 for 12 Hour Guarantee
1X $17.85714285714286
X8 = $142.8571428571429
1.5 $26.78571428571429
X4 = $107.1428571428572
X8+X4 = $250
$300 for 10 Hour Guarantee
1X $27.27272727272727
X8 = $218.1818181818182
1.5 $40.90909090909091
X2 = $81.81818181818181
X8+X2 = $300.00
$300 for 12 Hour Guarantee
1X $21.42857142857143
X8 $171.4285714285714
1.5 $32.14285714285714
X4 $128.5714285714286
X8+X4 $300.00
$350 for 10 Hour Guarantee
1X $31.81818181818182
X8 $254.5454545454545
1.5 $47.72727272727273
X2 $95.45454545454546
X8+X2 $350.00
$350 for 12 Hour Guarantee
1X $25.00
X8 $200.00
1.5 $37.50
X4 $150.00
X8+X4 $350.00
$400 for 10 Hour Guarantee
1X $36.36363636363636
X8 $290.9090909090909
1.5 $54.54545454545454
X2 $109.0909090909091
X8+X2 $400.00
$400 for 12 Hour Guarantee
1X $28.57142857142857
X8 $228.5714285714286
1.5 $42.85714285714286
X4 $171.4285714285714
X8+X4 $400.00
$450 for 10 Hour Guarantee
1X $40.90909090909091
X8 $327.2727272727273
1.5 $61.36363636363636
X2 $122.7272727272727
X8+X2 $450.00
$450 for 12 Hour Guarantee
1X $32.14285714285714
X8 $257.1428571428571
1.5 $48.21428571428571
X4 $192.8571428571428
X8+X4 $450.00
$500 for 10 Hour Guarantee
1X $45.45454545454545
X8 $363.6363636363636
1.5 $68.18181818181818
X2 $136.3636363636364
X8+X2 $500.00
$500 for 12 Hour Guarantee
1X $35.71428571428571
X8 $285.7142857142857
1.5 $53.57142857142857
X4 $214.2857142857143
X8+X4 $500
$550 for 10 Hour Guarantee
1X $50.00
X8 $400.00
1.5 $75.00
X2 $150.00
X8+X2 $550.00
$550 for 12 Hour Guarantee
1X $39.28571428571429
X8 $314.2857142857143
1.5 $58.92857142857143
X4 $235.7142857142857
X8+X4 $550
$600 for 10 Hour Guarantee
1X $54.54545454545455
X8 $436.3636363636364
1.5 $81.81818181818182
X2 $163.6363636363636
X8+X2 $600.00
$600 for 12 Hour Guarantee
1X $42.85714285714285
X8 $342.8571428571428
1.5 $64.28571428571428
X4 $257.1428571428571
X8+X4 $600.00
$650 for 10 Hour Guarantee
1X $59.09090909090909
X8 $472.7272727272727
1.5 $88.63636363636364
X2 $177.2727272727273
X8+X2 $650.00
$650 for 12 Hour Guarantee
1X $46.42857142857143
X8 $371.4285714285714
1.5 $69.64285714285714
X4 $278.5714285714286
X8+X4 $650.00
