To calculate the annual salary from an hourly wage of $18 per hour, you can use the following method:
Calculation
-
Assume full-time hours:
Typically, full-time work is about 40 hours per week. -
Calculate weekly earnings:
$18/hour × 40 hours/week = $720/week -
Calculate annual earnings:
There are 52 weeks in a year, so:
$720/week × 52 weeks/year = $37,440/year
Summary
- $18 per hour is approximately $37,440 annually before taxes and deductions, assuming a standard 40-hour workweek and no unpaid time off.
If you work more or fewer hours, or have unpaid leave, your annual earnings will differ accordingly.
