What is the calculation to get an hourly dollar amount on your annual income? For example, if your annual salary is 75,000 how do I find out what that is hourly.
Thank you!
2007-03-05 08:33:51 · 5 answers · asked by hello 2 in Business & Finance ➔ Careers & Employment
If there is no overtime, take 75,000/2080 = 36.05769231/Hr.
2007-03-05 08:40:38 · answer #1 · answered by c1523456 6 · 2⤊ 0⤋
.
Divide 75,000 by 52 weeks then by 40 hours
it would be roughly $36/Hr.
far off from the $150 / hr lawyers get :D
2007-03-05 16:41:23 · answer #2 · answered by WO LEE 4 · 0⤊ 0⤋
That would depend on how many hours you work. For a normal worker in the U.S., there are about 250 working days per year and 8 hours of work per day. That's about 2,000 working hours per year. $75,000 per year divided by 2,000 hours per year is $37.50 per hour.
2007-03-05 16:47:34 · answer #3 · answered by generic 2 · 0⤊ 0⤋
divide salary by 2000
52 weeks per year
minus two weeks vacation
50 weeks
standard workweek = 40 hours
50x40=2000
75,000 / 2000= 37.50 per hour
of course your employer may have you work a lot more than this amount, so it all depends.
2007-03-05 16:40:21 · answer #4 · answered by patmmcgovern 1 · 1⤊ 0⤋
like this:
Annual divide by 52 weeks divide by number of hours per week
75000 / 52 / say 40 hours? = $36.057
2007-03-05 16:46:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋