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How to calculate hourly pay from annual salary
Calculating hourly pay from annual salary is straightforward. You take your annual salary divided by the number of hours paid multiplied by the number of weeks worked. Order matters in this formula so it looks like this: Annual Salary / (Hours worked * Weeks worked).
For example, imagine you make $32,000 per year and you worked 40 hours per week for 52 weeks in the year. The calculation would be:
32,000 / (40 x 52) = $15.38
Hourly pay to annual salary chart
Below is a chart of hourly rates converted to annual salary assuming 40 hours per week and 52 weeks worked.