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Frequently Asked Questions

How do you calculate salary based on hourly rate?

To calculate the hourly rate for a salaried employee, divide the yearly salary by 52. For example, divide an annual salary of $37,440 by 52, which equals a weekly pay amount of $720. When the employee normally works 40 hours per week, divide the weekly pay of $720 by 40 to calculate the hourly rate.

What is the formula to calculate hourly pay?

To use this formula, set up cells defining hourly regular pay and hourly overtime pay. For regular pay, use formula "=D2G2" in cell I2 for "Regular Wages Earned.".

How do you convert annual salary to hourly salary?

Multiply the number of hours you work per week by your hourly wage. Multiply that number by 52 (the number of weeks in a year). If you make $20 an hour and work 37.5 hours per week, your annual salary is $20 x 37.5 x 52, or $39,000.


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