To calculate the annual salary from an hourly wage of $30 per hour, you can use the following formula: Annual Salary = Hourly Wage × Hours per Week × Weeks per Year
Common Assumptions:
- Hours per week: 40 (full-time)
- Weeks per year: 52 (no unpaid time off)
Calculation:
30 (dollars/hour) × 40 (hours/week) × 52 (weeks/year) = $62,400 per year
Summary:
- $30/hour is approximately $62,400 annually for a full-time job (40 hours/week, 52 weeks/year).
- If you work fewer hours or take unpaid time off, your annual income will be lower.
