Generally, people on salary work more than 40 hours. Many have complained because this makes them make less than what they would have if they were on salary.
$16,640
If the average number of hours is 40 hours, then you should be paid at over time rate for the excess for the 20 hours that is above contracted time. IE 40 - 60 = 20
Well, if you work 40 hours... multiply that by 15. You have your weekly SALARY. $600. Then, multiply $600 by 40 to get your 40 week salary. But, I think you intended to say "fifteen dollars an hour at 40 hours a week," not 15 at 40 weeks. You're smart I hope. Figure it out!
Assuming you are a full time hourly worker who goes to work 40 hours a week the salary is 23,040.
If you work 40 hours a week for 52 weeks then there are 52 x 40 = 2080 work hours per year, so salary is 16 x 2080 = $33,280 per year
40 is the usual overtime is not an option.
That depends on how many hours you work. If you work 40 hours a a week there is 173 hours in one month, so you would make40 x 173 = $6920 per month
Your company cannot increase work hours if you are under a contract. They may in some states, be able to alter your job description or function slightly without increasing your salary. There is usually a cap of 40 hours without increasing your salary.
37400 - assuming you work 40 hours a week
To calculate the hourly wage from an annual salary of $28,000, divide the annual salary by the total number of hours worked in a year. If you work 40 hours per week for 52 weeks, that totals 2,080 hours per year (40 hours x 52 weeks). Therefore, $28,000 divided by 2,080 hours equals approximately $13.46 per hour.
One disadvantage to having a salary is the fact that you may be required to work more than 40 hours. The more you work, the more you decrease the rate you earn per hour.
One disadvantage to having a salary is the fact that you may be required to work more than 40 hours. The more you work, the more you decrease the rate you earn per hour.