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If my yearly salary rate was $45,000, what would be my hourly

Customer Question

If my yearly salary rate was $45,000, what would be my hourly rate?
Submitted: 8 years ago.
Category: Job
Expert:  jeydee replied 8 years ago.

Hi,

 

If you work 40 hours a week, 50 weeks a year, your hourly rate would be :

45000/(40*50) = $22.50.

 

If you work 40 hours a week, 52 weeks a year, your hourly rate would be :

45000/(40*52) = $21.63.

 

Hope this helps. Let me know if you have any questions.