For example, suppose your gross pay was $190 for a week in which you worked 10 hours. Calculate $190 / 10 = $19. Your hourly salary is $19 per hour.

For instance, if you work 40 hours per week and you earn $19 per hour, calculate your weekly salary by multiplying 40 x $19 = $760. Then calculate your annual salary by multiplying $760 x 52 = $39,520

For example, suppose in one month you worked 30 hours the first week, 25 hours the second week, 35 hours the third week and 40 hours the fourth week. Find the average weekly hours with the equation (30 + 25 + 35 + 40) / 4 = 32. 5. If you earn $19 per hour, then calculate your annual salary with the equation (32. 5 x $19) x 52 = $32,110. Keep track of your weekly hours with spreadsheet software or a time-tracking app. Some time-tracking apps are marketed to managers who have to keep track of hours for multiple employees. But individuals can also use them to manage their productivity. [3] X Research source

Suppose in a four-week period, you work 50 hours, 45 hours, 42 hours and 47 hours. If anything over 40 hours is overtime, then your weekly overtime is 10 hours, 5 hours, 2 hours and 7 hours. Calculate your average weekly overtime hours with the equation (10 + 5 + 2 + 7) / 4 = 6. If you earn $19 per hour, then calculate your overtime rate with the equation $19 x 1. 5 = $28. 5 Calculate your average regular weekly salary with the equation $19 x 40 = $760. Calculate your average weekly overtime pay with the equation $28. 5 x 6 = $171. Add these two totals to get your total weekly salary $760 + $171 = $931. Multiply to find your annual salary with the equation $931 x 52 = $48,412.

To get an exact number, subtract hours for days each year when you don’t work (holidays, vacation days). These should only be subtracted if they are unpaid. For example, if you only missed two days per year, you would subtract $19 x 8 hours per days x 2 days, or $304, from your annual salary.

You should still receive a pay stub even if you get direct deposit. Some companies keep pay stub information in an online database. Contact your payroll department to find out how to log in to obtain that information or to receive a hard copy of your pay stub.

Monthly paychecks are paid at the end of the month. Employees receive 12 paychecks per year. Semi-monthly paychecks are paid on the 1st and 15th of the month or the 15th and 30th. Employees receive 24 paychecks per year. Biweekly paychecks are paid every two weeks, usually on Friday. Employees receive 26 paychecks per year. Weekly paychecks are paid once per week, usually on Friday. Employees receive 52 paychecks per year.

For example, a salaried employee paid $41,600 per year ($800 per week or $20 per hour) that works 45 hours (5 overtime hours) each week can expect overtime pay in the amount of 1. 5 times their usual hourly pay. This would be 1. 5×$20×5 hours{\displaystyle 1. 5\times $20\times {\text{5 hours}}}, or $150, per week.

Suppose you are paid biweekly, and your total gross salary is $1,900. Calculate your annual salary with the equation $1,900 x 26 = $49,400.

For example, suppose you earn an annual salary of $49,400 before bonuses, and your company has decided to award you a 2. 5 percent profit sharing bonus. Calculate the amount of the bonus with the equation $49,400 x . 025 = $1,235. Calculate total annual salary with the equation $49,400 + $1,235 = $50,635

You may also be wondering if you’re being paid properly for your current work. If so, you can estimate your market value by researching compensation for similarly-experienced and employed workers in your industry and area. Use the tools mentioned above to determine whether or not you are being paid adequately.

Although experience is valuable and important, it’s also really important to compare yourself and your skills to the people around you and understand what other skills you’re bringing to the table that they might not have. This might help you get a better salary, even when changing industries. Do your best to present yourself as a great fit for the job!

Sometimes it is prudent to choose a job with a lower salary because of growth opportunities, location, or workplace culture.

Your market value is influenced by your education, experience, and other assets you bring to the table. Consider every way in which you create value for your employee when determining your market value.