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UUID | 7a6e989f-0de3-11e3-8615-bc764e049c3d |
The Hourly Pay to Salary calculator computes the daily, weekly, monthly and annual gross salary based on an hourly rate (R) and 40 hours per week and 2080 work hours in a year.
INSTRUCTIONS: Choose units and enter the following:
Gross Salary (S): The calculator returns the salary figures in U.S. dollars. However, these can be automatically converted to other currencies via the pull-down menu. The salaries computed are for:
The Hourly Pay to Salary will calculate a gross annual salary based on the provided hourly wage. This is based on an assumption of 52 work weeks at 40 hours per work week. Note: these are gross pay numbers and do not take into account deductions for taxes and benefits that your employer may withhold.
The above calculators are based on 2080 labor hours per years. This is derived from 40 hours per week and 52 weeks per year. Weekly time is 40 hours. Bi-weekly time is for two weeks (80 hours). Monthly is a year (2080 hours) divided by 12. Semi-monthly is a year (2080 hours) divided by 26 to compute pay twice per month (e.g., 1st and 15th).
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