feeshourly

Feeshourly is a pricing metric used in certain service marketplaces to express the average fee charged per hour of service. It is calculated by dividing the total fees charged over a given period by the total number of hours of service delivered in that period. The resulting value, typically expressed in a chosen currency per hour, provides a normalized basis for comparing pricing across providers that bill hourly or with bundled hourly blocks.

Calculation and interpretation: feeshourly = total fees / total hours. For example, if a user pays 120 USD for 4 hours of service, the feeshourly equals 30 USD per hour. This metric can help consumers and analysts compare value across providers with different billing structures, provided the components included in “fees” are clearly defined.

Etymology and usage: The term is a portmanteau of “fee” and “hourly.” It appears in pricing discussions, reports, and product documentation in contexts where hourly billing is common. It is not a universally standardized measure and definitions may vary by platform.

Applications and limitations: Feeshourly is most relevant on platforms that charge by the hour or in hourly blocks. It can include base hourly rates, service fees, platform fees, and surcharges, while taxes and tips may be included or excluded depending on the defined scope. Limitations include potential confusion if taxes, tips, cancellation fees, or volume discounts are not clearly specified, and the assumption of linear pricing over time, which may not capture variations in scope or service quality.

See also: hourly rate, pricing model, total cost, price transparency.