If you make $45,000 a year, and you’re an average American worker, your average hourly wage is $25.35. This calculation uses 34.8 hours worked per week and 51 workweeks per year. That’s a total of 1774.8 hours per year of work. The OECD arrived at a similar total, 1767 hours per year per American worker. … Read more
A yearly salary of $40,000 converts to an approximate hourly wage of $20 per hour. If you work 40 hours a week and take 2 weeks of vacation per year, you work 2000 hours per year. $40,000 / 2000 hours = $20 / hour How to do the mental math calculation A quick way to … Read more
If you’re an average “mean” American… A little math humor for the nerds. I’m using mean averages, in the below math, not median. 🙂 If you make $60,000 a year, and you’re an average American worker, your gross average hourly wage is $33.80. This calculation uses 34.8 hours worked per week and 51 workweeks per … Read more
