To calculate the annual salary from an hourly wage of $23 per hour, you can use the following method:
Calculation
- Assume full-time work hours:
- Typically, full-time work is about 40 hours per week.
- Calculate weekly earnings:
- $23/hour × 40 hours/week = $920/week
- Calculate annual earnings:
- There are 52 weeks in a year.
- $920/week × 52 weeks/year = $47,840/year
Summary
- $23 per hour is approximately $47,840 annually before taxes and deductions, assuming a 40-hour workweek and no unpaid time off.
If your work hours differ or you want to factor in unpaid time off, you can adjust the calculation accordingly.
