Question:

If someone got a 4% increase and they make 52K, how do I calculate their hourly rate?

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If someone got a 4% increase and they make 52K, how do I calculate their hourly rate?

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  1. Based on a 40 hour week, that is 2080 hours per year.  You would then take the $52 and divide it by 2080 to get 25.

    52000 / 2080 = 25


  2. I assume they used to make 52k and got a 4% raise giving them a new yearly amount of $54,080.  That is the number you divide by 2,080 (hours per year) which results in $26.00 per hour.

  3. You can't if you don't know how many hours the person works.

  4. 40 hours per week?  Annual salary divided by 2080 = hourly wage.

  5. 52,000 X 1.04= 54080/52=1040/40=26

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