If you earn $23 an hour and work full-time (typically 40 hours per week) for a full year, here’s how to calculate your annual salary:
- Hours per week: 40
- Weeks per year: 52
- Hourly wage: $23
Annual salary = $23 × 40 × 52 = $47,840 So, $23 an hour is about $47,840 per year before taxes and other deductions, assuming full-time work.