How to Calculate Hourly Pay From Annual

Some jobs pay an annual salary while others pay an hourly rate.

Some jobs pay an hourly rate while other jobs offer an annual salary. If you have multiple job offers that appeal to you, one tie-breaking factor might be which one pays more. In order to fairly compare the jobs, you have to convert the pay to a common scale. To do so, you can convert all the payments to an hourly wage. You might also want to convert your annual salary to an hourly wage to find you how much you make per hour.

Things You'll Need

• Calculator

Instructions

1. Check your employment contract or your W-2 form to find out your annual income.

2. Multiply the number of weeks per year you are paid by the number of hours per week you work. The standard is 40 hours per week, 52 weeks per year for a total of 2,080 hours. However, this can vary, such as if you will only work part-time or a seasonal job.

3. Divide your annual pay by the number of hours you work to find your hourly rate. For example, if you get paid $32,000 for 2,080 hours of work, you would divide $32,000 by 2,080 hours to get $15.38 per hour.

References

• Hourly Salaries: Hourly Pay Wage to Salary Conversion