How to Figure Hourly Salary

Convert your salary to hourly wage to determine how much money you make an hour.

An employee's salary is the amount of money they receive as compensation for performing a specific job. Most professionals receive a salary that remains the same regardless of the number of hours they work. Blue collar and service workers, on the other hand, are usually paid an hourly wage. To compare a salaried worker's compensation to that of an hourly worker, you must convert the salary to an hourly wage. The formula required for conversion is simple and remains the same no matter the change in hours or salary.

Things You'll Need

• Payment stub
• Calculator or paper and pencil

Instructions

Figuring Hourly Salary

1. Determine weekly salary. Check your pay stub as most employers list weekly salary on the pay stub. Contact your employer's payroll department if your salary is not listed on your pay stub. For this example, assume a weekly salary of $500.

2. Determine the number of hours you work per week. This is also listed on your pay stub. For example, assume the pay stub shows 40 hours of work for the week.

3. Calculate your hourly wage by dividing your weekly salary, $500, by your weekly hours, 40, to find your hourly wage, which is $12.50 in this example.