hourly rate

[zebedee_7]

Please could you tell me how to work out my hourly rate - either from net or gross ~(monthly or yearly) whichever is easier - thanks

[Electrochem]

For annual salary:

Divide salary by 52 to give weekly pay. Divided the answer by the number of hours you work in a week and this will be the answer.

Example: Salary �10 400 Divided by 52 = �200 (weekly pay) Call this A. Number of hours worked per week 40 call this B, therefore hourly rate = A/B so 200 divided by 40 = �5.00 per hour.

NB The above all refer to GROSS pay.