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What is the mathematical equation to get the hourly figure from the yearly amount?

2007-06-14 07:13:09 · 7 answers · asked by pristrent 1 in Business & Finance Careers & Employment Other - Careers & Employment

7 answers

Divide by 2080 (the number of weeks in a year and hours worked in a week)

i.e. $30,000 (annual) / 2080 = $14.42 (hourly)

Hope that helps!

2007-06-14 07:46:13 · answer #1 · answered by tigglys 6 · 1 0

Assuming you work a 40 hour week and get paid every 2 weeks, divide your annual salary amount by 26 weeks. Take that amount and divide it by 80 (two weeks of work). That should give you a rough idea of your hourly salary.

Or just look at your paystub and if it's two weeks pay, divide the gross amount by 80 hours or whatever amount of hours you work per check.

2007-06-14 07:18:32 · answer #2 · answered by Tellin' U Da Truth! 7 · 0 0

Yearly salary divided by number of weeks (52) equals weekly salary.

Weekly salary divided by number of hours (normally 40) equals hourly wage.

2007-06-14 07:16:27 · answer #3 · answered by Tim 7 · 0 0

Hourly rate * 2080 = yearly pay, assuming you work 40 hours a week for 52 weeks, with no overtime, and that you get a paid vacation.

2007-06-14 07:16:04 · answer #4 · answered by Ralfcoder 7 · 1 0

You can divide your yearly salary by 52 (the number of weeks in a year), and then divide that by 40 (hours per week). For example:
50,000/52= $961.54 then 961.54/40= $24.04 per hour

Of course, this assumes you only work 40 hours a week!

2007-06-14 07:19:07 · answer #5 · answered by AJ83 2 · 0 0

52 weeks x 40 hours (or whatever the normal workweek is). Take the salary and divide by the number of hours from the answer above.

2007-06-14 07:16:53 · answer #6 · answered by hirebookkeeper 6 · 0 0

hourly is better
just divide your salary by how many hours you work and then you get your hourly wage hours/pay check = hourly wage

2007-06-14 07:16:34 · answer #7 · answered by kdube151 3 · 0 0

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