How to Calculate Hourly Rate from Salary
To convert an annual salary to an hourly wage, you need to determine the total number of hours worked in a year. The standard American work year consists of 2,080 hours.
This is calculated by multiplying a standard 40-hour work week by 52 weeks per year:
40 hours x 52 weeks = 2,080 hours.
Unpaid Time Off?
If you are a contractor or do not receive paid vacation, you should adjust the "Weeks/Year" input. For example, if you take 2 weeks of unpaid vacation, enter "50" weeks to see your true hourly requirement.