Comments on: How to Figure Yearly Income from Hourly Rate http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/ because I don't believe in life before coffee... Wed, 23 Nov 2011 03:01:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jeff http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-370300 Jeff Wed, 17 Sep 2008 17:25:38 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-370300 and truth be told, i cant believe people are having such a hard time figuring this relatively simple mathematical problem out. Its just multiplication people! and truth be told, i cant believe people are having such a hard time figuring this relatively simple mathematical problem out. Its just multiplication people!

]]> By: Jeff http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-370299 Jeff Wed, 17 Sep 2008 17:24:15 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-370299 in that last post (works = weeks)....sorry in that last post (works = weeks)….sorry

]]> By: Jeff http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-370298 Jeff Wed, 17 Sep 2008 17:23:28 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-370298 just multiply how many hours you work in a normal week by how many works you will work in a year (usually 50 or 52 if you get paid vacations) So in your case Liz it would be 37.5 x 22.00 x 50 = 41,250. just multiply how many hours you work in a normal week by how many works you will work in a year (usually 50 or 52 if you get paid vacations) So in your case Liz it would be 37.5 x 22.00 x 50 = 41,250.

]]> By: Vince http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-370001 Vince Tue, 26 Aug 2008 03:49:05 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-370001 It's funny how you can call anyone stupid when there is no assurance that yearly salary is based on only 40 hours per week. Either be helpful or be quiet. It’s funny how you can call anyone stupid when there is no assurance that yearly salary is based on only 40 hours per week.
Either be helpful or be quiet.

]]> By: Liz http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-369065 Liz Tue, 24 Jun 2008 14:51:26 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-369065 Great tip. What about if I work only 37.5 hours a week? Some companies have under 40 hours as a base. Say I earn $22 and hour, what would be my yearly salary working 37.5 a week? Please help. Thanks. Great tip. What about if I work only 37.5 hours a week? Some companies have under 40 hours as a base. Say I earn $22 and hour, what would be my yearly salary working 37.5 a week? Please help. Thanks.

]]> By: Jon Emmons http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-368861 Jon Emmons Wed, 04 Jun 2008 02:24:03 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-368861 Sandy, The calculation is just a rule of thumb. In a salary position there are a bunch of other factors that will affect your hourly/daily rate. As an example, in my position I get paid twice a month, on the 15th and the last day. The paycheck is always the same amount, 1/24th of my annual salary, but if you think about it my daily rate for the 16th to 28th of February ends up being much higher than my daily rate from the 16th to 31st of May. (13 days vs. 16 days, this is actually a variation of over 23 percent!) Things get even stranger if you look at only work days, so I think you'll have to expect a certain amount of variation unless you're willing to spend some serious time crunching the numbers. Good luck with the new job! Sandy,

The calculation is just a rule of thumb. In a salary position there are a bunch of other factors that will affect your hourly/daily rate.

As an example, in my position I get paid twice a month, on the 15th and the last day. The paycheck is always the same amount, 1/24th of my annual salary, but if you think about it my daily rate for the 16th to 28th of February ends up being much higher than my daily rate from the 16th to 31st of May. (13 days vs. 16 days, this is actually a variation of over 23 percent!)

Things get even stranger if you look at only work days, so I think you’ll have to expect a certain amount of variation unless you’re willing to spend some serious time crunching the numbers.

Good luck with the new job!

]]> By: Sandy http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-368859 Sandy Wed, 04 Jun 2008 01:27:07 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-368859 I started a job last week, worked one day before the pay period ended, so received a check for one day. My base salary is 32,000 - to me my hourly is 15.38 X 8 hours is 123.04 less taxes. My check was for 108.43 gross. ????? Can someone explain that to me? I asked the payroll person about it and with an attitude she said she just looked at how many days were in the month. Did I miss something? I started a job last week, worked one day before the pay period ended, so received a check for one day.

My base salary is 32,000 – to me my hourly is 15.38 X 8 hours is 123.04 less taxes.

My check was for 108.43 gross. ????? Can someone explain that to me?

I asked the payroll person about it and with an attitude she said she just looked at how many days were in the month.

Did I miss something?

]]> By: Matt http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-367309 Matt Sat, 23 Feb 2008 03:28:55 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-367309 I'm a little embarrassed that I did not know this! I'm glad I've now caught up to the rest of the world. :) I’m a little embarrassed that I did not know this! I’m glad I’ve now caught up to the rest of the world. :)

]]> By: ajbackst http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-366782 ajbackst Thu, 07 Feb 2008 21:22:19 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-366782 yeah, don't call anyone stupid. wish someone would have told me a long time ago this simple formula -- everybody i knew made themselves to be Einstein when calculating wages. Get this. I know someone who applied for a sales position where salary was $37,000.00. she got the interview. when asked about salary, she requested $12.00 per hour. did she get the job? probably not. why. cuz she's stupid. let see. 12 plus 12 = 24. 18 plus 18 = 36. duhhhhhhhh. yeah, don’t call anyone stupid. wish someone would have told me a long time ago this simple formula — everybody i knew made themselves to be Einstein when calculating wages. Get this. I know someone who applied for a sales position where salary was $37,000.00. she got the interview. when asked about salary, she requested $12.00 per hour. did she get the job? probably not. why. cuz she’s stupid. let see. 12 plus 12 = 24. 18 plus 18 = 36. duhhhhhhhh.

]]> By: Nversai http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/comment-page-1/#comment-366647 Nversai Thu, 31 Jan 2008 14:34:31 +0000 http://www.lifeaftercoffee.com/2006/02/19/how-to-figure-yearly-salary-from-hourly-rate/#comment-366647 don't call anyone "stupid", so she can't add.... don’t call anyone “stupid”, so she can’t add….

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