Knowing how to calculate your pay per hour makes it easy to compare jobs with different pay schedules. Once you convert the annual, monthly or weekly pay into an hourly wage, you can quickly see which job pays more. You can also use this calculation to double-check the amounts on your paycheck to make sure the payroll department did not err in its data entry.
- Skill level:
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Things you need
- Paycheck stub
Determine the number of regular hours worked during the pay period. For employees with a consistent schedule, this may be a fixed number like 30 hours per week or 80 hours per two-week period. If your schedule varies, check the "Hours Worked" section of your paycheck stub to find the number of hours you worked during the pay period.
Divide the gross pay amount on your paycheck by the number of hours worked from Step 1 to find your gross pay per hour.
Calculate your net pay per hour by dividing the paycheck amount by the number of hours worked.
Tips and warnings
- Divide the annual salary by 2,080 hours to calculate the pay per hour for a full-time salaried employee working 40 hours per week.
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