How to Convert My Salary to an Hourly Wage

Ask your employer for a wage statement if you do not receive a pay stub.

A salaried employee receives a guaranteed minimum amount of pay for the pay period. This amount can constitute all or part of your pay, but it must be an amount that you can count on. When your employer hired you, it most likely gave you your annual salary, not your hourly wage. Additionally, your pay stub probably shows your earnings and deductions, but not your hourly wage. Knowing your hourly wage can be useful when you are filling out important documents. Apply the right calculation to figure it out.

Instructions

1. Consult your paycheck stub for your gross salary for the pay period. Your gross pay is your wages before deductions. Your gross salary should typically stay constant each pay period.

2. Divide the number of days in the pay period by your salary per pay period to arrive at your daily rate. Say you earn $2,500 biweekly. Calculation: $2,500 / 10 days = $250.

3. Divide your daily rate by the number of daily work hours to arrive at your hourly wage. Calculation: $250 / 8 hours = $31.25.

Tips & Warnings

• You can convert via your annual salary. Divide your annual salary by the number of pay periods in the year to arrive at your salary per period. Then apply Steps 2 and 3 to arrive at your hourly rate.

References

• FLSA.com: Salary
• Calcxml.com: Convert My Salary To An Equivalent Hourly Wage