To calculate how much $30,000 a year is per hour, you can follow these steps:
Step 1: Determine the number of work hours in a year
- Typically, full-time work is about 40 hours per week.
- There are 52 weeks in a year.
- So, total work hours per year = 40 hours/week × 52 weeks/year = 2,080 hours/year.
Step 2: Calculate the hourly wage
- Annual salary = $30,000
- Hourly wage = Annual salary ÷ Total work hours
- Hourly wage = $30,000 ÷ 2,080 ≈ $14.42 per hour
Summary:
If you make $30,000 a year and work full-time (40 hours/week), your approximate hourly wage is $14.42 per hour.