Valuing Your Time

Finding Out How Much Your Time is Worth

One way or another, time is always money.

© iStockphoto/muratsen

Do you know how much your time is worth?

Unless you work in an industry where you bill clients by the hour, the answer may be "no," especially if you don't know about the many hidden factors that contribute to your hourly rate.

However, it's important to attach a monetary value to your time, because it helps you focus on high value tasks and avoid activities that don't add much value.

In this article, we’ll look at why you should value your time, and we’ll give you a quick calculator that helps you do this.

... for the complete article:

Mind Tools members, click here.

Join the Mind Tools Club to finish this article AND get 1,000 more resources

Join now for just $1, first month

"When I started using Mind Tools, I was not in a supervisory position. Now I am. Along with that came a 12% increase in salary."
– Pat Degan, Houston, USA

Join the Mind Tools Club

The Mind Tools Club gives you much, much more than you get here on the basic Mind Tools site, including these 4 free workbooks! Get training, help and ideas to boost your career. Find out what you get