Formula to calculate salary based on different salaries and hours

Question

My salary is 34,500 for 40 hours, what formula can I use to find out what is my salary for 39 hours then ?

I already tried this,

per week = 512.06 using website http://www.thesalarycalculator.co.uk/salary.php

then per day = 512.06 / 5 = 102.412

per hour = 102.412 / 8 = 12.8015

but how can I calculate it if my hours per week are 39 not 40

Is it assumed that your salary varies directly with the time you work? — Brian Cheung, May 09 '16 at 17:23

score 0 · Accepted Answer · answered May 09 '16 at 17:26

0

You work 40 hours a week, and your salary is \$34,500 per year. Assuming you work all 52 weeks in a year, you work $40 \times 52 = 2080$ hours per year.

Therefore, your hourly rate is: $\$34,\!500 / 2080 = \$16.59$ per hour.

So if you work 39 hours per week, 52 weeks a year, your salary will be $\$16.59 \times 39 \times 52 = \$33,\!667.50$

answered May 09 '16 at 17:26

Joe C.

186

i think this is the answer, but why you used 52 weeks not 52.4 – Year Year Month Month May 09 '16 at 17:29
Where does 52.4 come from? – cgiovanardi May 09 '16 at 23:18

Formula to calculate salary based on different salaries and hours

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