The hourly rate is $19.23, based on a 40-hour workweek. To obtain this value, you can follow these steps:
Use the hourly wage to salary formula:
hourly wage = annual salary / ( weekly hours × 52)
Substitute the annual salary and weekly work hours:
hourly wage = 40,000 $/yr / ( 40 hr/wk × 52 wk/yr)
Calculate the hourly pay:
hourly wage = $19.23 per hour
Read more