How it is worked out
- $12 × 40 hours = $480 a week
- $480 × 52 weeks = $24,960 a year
- $24,960 ÷ 12 = $2,080 a month; ÷ 26 = $960 every two weeks
These are gross figures: pay before income tax and any other deductions. Every hour counts at the same rate, so overtime paid at a higher rate is not in them. For take-home pay, use the paycheck calculator.
$12 an hour at other weekly hours
| Hours a week | A year | A month |
|---|---|---|
| 20 | $12,480 | $1,040 |
| 25 | $15,600 | $1,300 |
| 30 | $18,720 | $1,560 |
| 32 | $19,968 | $1,664 |
| 35 | $21,840 | $1,820 |
| 37.5 | $23,400 | $1,950 |
| 40 | $24,960 | $2,080 |
| 45 | $28,080 | $2,340 |
| 50 | $31,200 | $2,600 |
With weeks you are not paid for
An hourly rate pays only for the weeks you work. At 40 hours a week:
| Paid weeks | A year |
|---|---|
| 52 | $24,960 |
| 50 (2 unpaid) | $24,000 |
| 48 (4 unpaid) | $23,040 |
| 46 (6 unpaid) | $22,080 |