"Salary" is usually what an executive or professional earns. "Hourly wages" are what a blue-collar worker earns. A salary is an annual figure, and hours are not counted, because a professional is expected to get the job done, however much time it takes.
The paycheck of a salaried worker is the result of the salary divided by the number of pay periods (52 if paid weekly, 26 if paid biweekly, 12 if paid by the month), less taxes and other deductions.
The paycheck of an hourly worker is the hourly rate times the hours worked, with changes for overtime, shift differentials, and other things. Less the usual deductions.
You cannot determine the hourly wage from the final paycheck.
2006-07-23 04:29:08
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answer #1
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answered by thylawyer 7
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If you are a full-time employee, then the standard practice is to divide salary by 2080 to get an approximate equivalent hourly wage.
2006-07-24 03:20:39
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answer #2
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answered by Arbitrage 7
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Divide total gross salary (includes all taxes, vacation, sick and other deductions for the period) by the number of hours worked in the period. Standard work year hours are 2088 assuming a 40 hour work week and it's not leap year. Your pay stub should have all the info that you need.
2006-07-23 04:26:53
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answer #3
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answered by Anonymous
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For earnings positions use there is 2080 paintings hours in keeping with 365 days or $40 8.08 in keeping with hour. the burden relies upon on what coverage she get, for the quantity that she makes it's going to in all likelihood be approximately 15% or $7 in keeping with hour.
2016-12-14 12:18:08
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answer #4
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answered by ? 4
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Divide it by the hours worked. If it is after tax you will have to add about 20 to 33% depending on how you have things setup then divide it by hours worked.
2006-07-23 04:24:10
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answer #5
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answered by Don K 5
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Divide the annual or monthly slary by the number of hours you work in that period
2006-07-23 04:23:14
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answer #6
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answered by welsh_witch_sally 5
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