If you make 19,250.00 a year what does that break down to by hour? Based on twelve month pay schedule being pa

Question

paid twice monthly. I am lousy at figuring this out.

Answer 1

Assuming you are asking about Gross income (before taxes) then the formula is as follows.
(19,250 / 52) / 40 also assuming you work 40 hours a week.

$9.25 roughly, an hour. Actually 9.2548....

$9.25 actually equals $19,240.00

Answer 2

How many hours do you work a week? Multiply that by 52 weeks and that will make your total year hours worked. Divide that by your $19,250 = IPH (income per hour)
Example; 40 hours per week = 2080= $9.25 per hour
30 HPW=1560=$12.18 per hour
20 HPW = 1040- $18.51
The paid monthly part is not relevant to this equation

Answer 3

That breaks down to $1,604.17 per month, $802.08 per bi-weekly check, and about $10.03 per hour assuming a 40 hour work week.

All that above pay is before taxes, so assume your taking home about 60-70% of that after taxes. As you make more the percentage goes up to almost 50% taken.

Hope this helps...

Answer 4

$9.63 an hour.

General rule. Divide by 2000. Or half the salary and move the decimal place 3 places left.

You can assume one week vacation so round down to 2000.

Answer 5

Is that your gross or net? If you are salaried & work 40 hrs/week, that would be 160hrs/month * 12 mo= 1920 hrs. Divide that into your 19250.00 its about $10 an hour

Answer 6

Devide by 2080 that is 52weeks times 40 hours.

It is roughly 9.25.

Answer 7

yep, they are right I got 9.2548076 per hour with those fugures includeing a 40hr work week for 52 weeks of the year.

Answer 8

Divide the amount by 2040, that is the number of hours it is based on. 9.43/hr

Answer 9

Roughly $9.25 / hr based on 2080 hrs / yr.

Answer 10

Don't tell me - you are the Pay Clerk, or maybe the Accountant....