How to convert salary to hourly pay
The standard formula is: Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)
For a typical full-time job (40 hrs/wk × 52 weeks = 2,080 hrs/yr), divide your annual salary by 2,080.
- $50,000/yr ÷ 2,080 = $24.04/hr
- $60,000/yr ÷ 2,080 = $28.85/hr
- $75,000/yr ÷ 2,080 = $36.06/hr
- $100,000/yr ÷ 2,080 = $48.08/hr
Why this matters for overtime
If you're a salaried non-exempt employee, your regular hourly rate (your weekly salary divided by 40) is the basis for calculating overtime pay. Many salaried workers don't realize they're entitled to OT — particularly those earning under the $43,888/year threshold.