To convert an annual salary of $80,000 to an hourly wage, you need to know how many hours are worked in a year. The most common assumption is a full-time job with:
- 40 hours per week
- 52 weeks per year
Calculation:
- Total hours worked per year = 40 hours/week × 52 weeks/year = 2,080 hours/year
- Hourly wage = Annual salary ÷ Total hours worked
= $80,000 ÷ 2,080
= $38.46 per hour
Summary:
- $80,000 per year is approximately $38.46 per hour (assuming a 40-hour workweek and no unpaid time off).
