How do I calculate an hourly employee’s annual salary?

Multiply the number of hours an employee works per week by the hourly wage. Then multiply that number by 52 (the number of weeks in a year). If you make $20 an hour and work 40 hours per week, your annual salary is $20 x 40 x 52 or $41,600. On the other hand, if your annual salary is $41,600, you can get the hourly rate by dividing it by 2080 hours (40 hours x 52 weeks), which is $20 per hour.

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