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WebHow do I calculate hourly rate? First, determine the total number of hours worked by multiplying the hours per week by the number of weeks in a year (52). Next, divide this number from the annual salary. For example, if an employee has a salary of $50,000 and works 40 hours per week, the hourly rate is $50,000/2,080 (40 x 52) = $24.04. WebFor salaried employees, the number of payrolls in a year is used to determine the gross paycheck amount. If this employee's pay frequency is weekly the calculation is: $52,000 / … greenlight research institute
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