How to Calculate for the Hourly Rate from Your Basic Salary?

For Daily-paid employees, here is how the hourly rate is computed:

(Daily rate) / (total working hours per day) = HOURLY RATE 

You can check out the examples below:

Daily Rate: ₱ 500.00

Total Working Hours Per Day: 8 hours

Hourly Rate: ?

(500) / (8) = ₱ 65.50

Daily Rate: ₱ 537.00

Total Working Hours Per Day: 8 hours

Hourly Rate: ?

(537) / (8) = ₱ 67.13