Breaking down a salary

[J-rod]

im im trying to break down a salary to a per hour rate.

in doing so. I am taking my salary then divide by 12 months, then divide by 160 hours (40 per week) to get what a salary converts to in an hourly rate.

is this correct or is there something I am missing because my numbers are not matching.

[Troll]

you're only using 48 weeks. there are 52 weeks in a year. take your total salary and divide by 2,080 hours. :D

[Stangman701]

I usually think about it like salary divided by 26(checks in a year if every two weeks) then take that # divided by 80(hours worked in two weeks) to get $$/hr

[J-rod]

i tried that and it comes out lower. still not matching what it should be.

i even did it like this:

Salary divided by 52 weeks, divided by 40 hours = hourly.

and that still doesnt match.

[Stangman701]

i tried that and it comes out lower. still not matching what it should be.

i even did it like this:

Salary divided by 52 weeks, divided by 40 hours = hourly.

and that still doesnt match.

maybe this company doesn't expect you to work 40 hours/week... are you moving to mexico or something

[SV1000s]

you're only using 48 weeks. there are 52 weeks in a year. take your total salary and divide by 2,080 hours. :D

[Troll]

this is where your threads go to BS like stated somewhere else. as Ray will tell you, MATH don't lie. it's basically the only thing in the whole GD universe that doesn't lie. if you work for the government, it's probably 37.5 hours per week that's considered full time. try that. if that doesn't work, there's definitely HUMAN ERROR.

[SV1000s]

this is where your threads go to BS like stated somewhere else. as Ray will tell you, MATH don't lie. it's basically the only thing in the whole GD universe that doesn't lie. if you work for the government, it's probably 37.5 hours per week that's considered full time. try that. if that doesn't work, there's definitely HUMAN ERROR.

again

[PSPstang]

maybe this company doesn't expect you to work 40 hours/week... are you moving to mexico or something

37.5 a week for me. full time govt employee

[Martin0660]

take your total salary and divide by 2,080 hours. :D

Thats what i've always done, seen done, and how we plan for manpower.

37.5 a week for me. full time govt employee

Damn, I need one of those g'ment jobs.

Bob Myers

[SonofaBish]

yea if you work 7.5 a day its 1950 hours per year... that's what i work

[J-rod]

i work a gov't job.

i work 40 hrs a week.


troll - i am considering human error which is why i am trying to make sure i am doing this right. I didnt want to go in there with a math error. trust me i love math as its the only 100% right or wrong variable in the universe.


edit - i tried the 37.5 hours and its a lot closer.

[GOT SVT]

my simple answer is take half your salary and that is the hourly rate

for ex 26,000 = 13 hr

[J-rod]

edit - i tried the 37.5 hours and its a lot closer. doesnt make sense my pay is based on 37.5 hours but my work hours are 8+ a day. I get paid tomorrow...maybe i can go to payroll and ask about it

im getting paid per hour anyways....but they list the pay grades in yearly.

[J-rod]

my simple answer is take half your salary and that is the hourly rate

for ex 26,000 = 13 hr

that is very close as well.

thanks guys.

[Martin0660]

If you are tuely being paid salary, you cant divide out you check to an hourly rate so to speak. I get $XXXX salary per month paid twice a month (15th and 30th). If you divide it out by the hour, it wil lconfuse you unless you do it on a base year / month / whatever its based on to start.

Bob Myers

[J-rod]

yea. i am truely hourly. i work 40+ per week. but they list the pay scales in salary figures. (yearly) in feb, june, and july of this year i will get a raise. then every june and july i will get one too.

[Troll]

do you get overtime over 40 ?

[speedracer]

yea if you work 7.5 a day its 1950 hours per year... that's what i work

I worked 3200 hours last year, paid by the hour with OT

[u1arunit]

I worked 3200 hours last year, paid by the hour with OT

The tax man must have gotten all your money then. That would explain why you don't have a pulley upgrade yet.