How do you calculate retail average hourly rate?

To calculate the retail average hourly rate, divide the total wages paid to employees by the total number of hours worked during a specific period. This can be done by summing up all employee wages and then dividing that figure by the total hours worked by all employees during the same timeframe. The result gives you the average hourly rate for retail employees. Ensure to include all relevant wages, such as overtime or bonuses, if applicable.