hourlyrate

noun
UK /ˈaʊəli reɪt/
US /ˈaʊərli reɪt/

The amount of money someone is paid for each hour of work.

The babysitter charges an hourly rate of ten dollars.


OTHER MEANINGS

2. The cost charged for renting something, such as a car or a room, for each hour.

The parking garage has an hourly rate of three dollars.

3. A fee for a service, like a lawyer's or plumber's time, calculated per hour.

The plumber's hourly rate includes travel time.

4. The speed at which something happens or is produced in one hour.

The machine's hourly rate of production doubled after the upgrade.