Can I calculate my salary from my hourly pay?
Yes. To calculate your salary from your hourly pay:
-
Choose for which period you want to calculate your salary: yearly, monthly, weekly, etc...
-
Find the number of hours you worked. If you work
8hours a day,5days a week, you work:-
8 × 5 = 40hours weekly; -
40 × 52 = 2,080hours yearly; and -
2,080/12 = 173.34hours monthly.
-
-
Multiply your hourly pay by the desired number of hours to find your salary.
How do I calculate my hourly pay from my salary?
To calculate your hourly pay from your salary:
- Find the number of hours you worked.
- Divide your salary by the number of hours you worked.
- The result is your hourly pay.
Remember that if you don't keep track of the number of hours worked (maybe you have a fixed monthly salary), the result will be approximative!
How do I calculate my hourly wage?
To calculate your hourly wage, follow these simple steps:
-
Choose a time frame for which you know your salary: annual, monthly, weekly, etc.
-
Calculate the number of hours worked. If you work
nhours daily,5days a week, you work, on average:-
n × 5hours weekly; -
n × 5 × 52hours yearly; and -
n × 5 × 52/12hours monthly.
-
-
Divide the salary by the number of hours worked: the result is your hourly wage.
Videos
Converting W2 annual salary to 1099 hourly rate
Basic Hourly Pay Rate for a Junior Developer in Australia
How do I calculate hourly rate equivalent of salary job pay? : remotework
Higher pay at an hourly rate vs. lower pay on salary
I started at $32k as a CAD tech (with no engineering degree), and got regular pay raises until I was at $22.50/hr 1.5 years later. It's fine to start people low just out of school, and its fine to take that job to gain experience so you can move up, but if they're under the impression that you're just going to stay at that rate, they're delusional. The conversation with you current employer should be "stay and move up vs switch jobs to move up". If they're telling you to stay where you're at salary-wise, it is clear that there is no opportunity for growth there and your only choice is to move up by switching jobs. In that case, it doesn't matter if the contract job is temporary, because it's just the next step in your career. It sounds like there is no "next step" at your current job, so there's no reason not to take the offer.
More on reddit.com