Salary to Hourly Calculator
- Hourly to Salary
- Salary to Hourly
- Time and a Half
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How to calculate your hourly rate
First, multiply the number of hours you work each week by the number of weeks you work each year (commonly 52 or 50). Then, divide your annual salary by this figure. E.g. If you earn a salary of $40,000 and work 40 hours per week for a full year, your hourly rate would be $40,000/(40 × 52) = $19.23.
Hourly rate example calculation
Let's say that you earn $50,000 and you work a 40-hour week for 52 paid weeks per year. To work out your hourly rate, your calculation would be:
Your hourly rate for your $50,000 annual salary works out at $24.04.
How to convert a monthly salary to an hourly rate
To calculate your hourly rate based upon your monthly salary, multiply your monthly figure by 12 and then divide it by the number of hours you work per week and again by the number of paid weeks you work each year.
Example calculation
Example: If you earn $3,000 per month and work a 40-hour week for 52 paid weeks per year, your calculation would be:
Your hourly rate for your $3,000 monthly paycheck works out at $17.31.
You can our salary to hourly calculator to find out how much you're earning each month, week, day and hour. Let's look at some common, round salary figures and their equivalent hourly pay rates.
$40,000 a year is how much per hour?
If you have an annual salary of $40,000, it equates to a monthly pre-tax salary of $3,333.33, weekly pay of $769.23, and an hourly wage of $19.23 per hour. These figures are pre-tax and based upon working a 40-hour week for 52 weeks of the year.
| Yearly | Monthly | Weekly | Hourly |
|---|---|---|---|
| $40,000 | $3,333.33 | $769.23 | $19.23 |
$45,000 a year is how much per hour?
If you earn $45,000 as an annual salary, you would be receiving a monthly pre-tax salary of $3,750, a weekly pay of $865.38, and an hourly wage of $21.63 per hour. These calculations assume you work a 40-hour week for 52 weeks of the year.
| Yearly | Monthly | Weekly | Hourly |
|---|---|---|---|
| $45,000 | $3,750 | $865.38 | $21.63 |
$50,000 a year is how much per hour?
If you earn $50,000 per year, your hourly wage works out as being $24.04 per hour. In addition, your monthly pre-tax wage would be $4,166.67, and your weekly pay would be $961.54. All calculations are based upon a working schedule of 40-hours per week for 52 paid weeks of the year.
| Yearly | Monthly | Weekly | Hourly |
|---|---|---|---|
| $50,000 | $4,166.67 | $961.54 | $24.04 |
$55,000 a year is how much per hour?
If you have an annual salary of $55,000, it equates to a monthly pre-tax salary of $4,583.33, weekly pay of $1,057.69, and an hourly wage of $26.44 per hour. These figures are pre-tax and based upon working a 40-hour week for 52 weeks of the year.
| Yearly | Monthly | Weekly | Hourly |
|---|---|---|---|
| $55,000 | $4,583.33 | $1,057.69 | $26.44 |
$60,000 a year is how much per hour?
If you earn $60,000 as an annual salary, you would be receiving a monthly pre-tax salary of $5,000, a weekly pay of $1,153.85, and an hourly wage of $28.85 per hour. These calculations assume you work a 40-hour week for 52 weeks of the year.
| Yearly | Monthly | Weekly | Hourly |
|---|---|---|---|
| $60,000 | $5,000 | $1,153.85 | $28.85 |
Salary comparisons for the US and UK
Our salary to hourly rate calculator includes median pay figures for US and UK workers. The US data comes from the Bureau of Labor Statistics and the UK salary data comes from the Office for National Statistics. National salary data varies based upon gender, age, occupation and other factors.
Summary
Your hourly rate can be calculated by multiplying the number of hours you work each week by the number of weeks you work each year, and then dividing your annual salary by the result. Our calculator can assist you with working this figure out.
Convert hourly rates
Individual hourly to salary conversions include:
Calculator by Alastair Hazell. Reviewed by Chris Hindle.If you have any problems using our salary to hourly calculator, please contact us.
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