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This feels basic but I realized this when doing job hunts and examining the salary and hourly wage for jobs. Basic formula: take a yearly salary (eg. $70,000), and move the decimal to the left three times aka just get rid of the first three digits (eg. $70.00). Next, divide this number by 2 ($35.00), and that will get the surprisingly close approximation of the hourly wage. So, $70,000 is $35 an hour.
Breakdown: 50 weeks (assuming 2 weeks vacation) X 40 hr work week = 2000 hrs. So 70,000 divided by 2,000 is 35.
edit: as you guys pointed out, dividing your salary by 2080 is more accurate, this tool of "get rid of the first three digits of the salary and then divide by two" is what I am getting at. When quickly trying to figure out if $25 an hour is better than $40,000 a year, you can do a quick breakdown in your head.