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Friday, April 1, 2011

Easy Conversion for Hourly Wage to Salary

Quick tip: If you quickly need to know how much your wage per hour equals in yearly salary, you could do it in two seconds. Multiply an hourly wage by 2,000 and the result will be the actual salary with two weeks of unpaid vacation. For example, $25/hour is $50,000 a year per this rule. Actually, it is $52,000. However, most hourly positions do not have paid holidays, so take away two weeks for vacations and you will get $50,000.

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