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Rate conversions

Annual/hourly

To convert annual (12-month) salary to hourly, divide by 2080.

  • Example:

    • Annual $35,000/2080=$16.83 per hour

To convert hourly pay to annual (12-month), multiply by 2080.

Examples

  • Example:

  • Annual $35,000/2080=$16.83 per hour

      • Hourly $15.00 x 2080 = $31,200 annual

    9-month/12-month

    To convert 9-month annual rate to 12-month annual rate:

         a)

     

    Image Removed      or

    b)

    • 9-month salary/9= y, and then y*12.

    • Example:

      • Step 1: $30,000 annual (9-month)/9=3333.33;

      • Step 2: 3333.33*12 =$40,000 annual (12-month)

    9-month to hourly

    To convert 9-month annual rate to hourly:

    • Step

    one

    • 1: Convert 9-month annual rate to 12-month annual rate: 9-month salary/9=y, and then y*12.

      • Example: $37,998/9= $4,222; $4,222*12 = $50,664

    • Step

    two

    • 2: Divide 12-month annual by 2080 to get hourly.

      • Example: $50,664/2080 = $24.36


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