How to calculate and hourly rate into an annual salary? The answer to this question will depend on what is meant by annual salary. The annual salary earned by an hourly employee is calculated by:...
Take the annual salaray and divide by 52. Take that result and divide it again by 40. Alternatively you can divide by the number of working hours in a year, which is 2080.
Take your salary (example $20,000) and divide it by the number of weeks you work (usually 52).
20,000/52= $384.62 (this is what you earn each week)
Then divide this amount by the number of hours...