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How do I calculate salary to hourly wage?
Can I calculate my salary from an hourly rate?
Yes, you can calculate your salary from an hourly rate:
- Note your standard hourly pay, e.g., $15 per hour.
- Specify your total working hours in a month, e.g., 160 hours.
- Multiply your standard hourly pay by your total working hours, and you have your salary, for example, 15 × 160 = 2400.
Thus, if your hourly rate is $15, and you work 160 hours a month, your total monthly salary is $2400.
What's my overtime hourly pay if overtime multiplier is 2 with $50 per hour regular pay?
Your overtime hourly pay will be $100 per hour. You can calculate this using this formula:
overtime hourly pay = regular hourly pay × overtime multiplier.
I've been trying to find a calculator where I can see the effective hourly rate of a salaried employee w/ unpaid overtime.
i.e. Salaried Employee - making 104k a year or translated to $50/hr if you're doing 40hrs a week. but what if you're working 70hrs a week and still making 104k a year what is your effective hourly rate?
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let say the hours after 40hrs is still paid as a regular pay rate (not overtime pay multiplier); how much money a person will be making.
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what about if its a paid overtime(1.5X regular pay rate) for hours worked over 40hrs. how much a person will be making.
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Overall it all boils down to how much a person is losing money as well as time, working overtime w/o pay?
Have you encounter such calculator? Thanks in advance!