How it is worked out
- $15 × 40 hours = $600 a week
- $600 × 52 weeks = $31,200 a year
- $31,200 ÷ 12 = $2,600 a month; ÷ 26 = $1,200 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.
$15 an hour at other weekly hours
| Hours a week | A year | A month |
|---|---|---|
| 20 | $15,600 | $1,300 |
| 25 | $19,500 | $1,625 |
| 30 | $23,400 | $1,950 |
| 32 | $24,960 | $2,080 |
| 35 | $27,300 | $2,275 |
| 37.5 | $29,250 | $2,437.50 |
| 40 | $31,200 | $2,600 |
| 45 | $35,100 | $2,925 |
| 50 | $39,000 | $3,250 |
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 | $31,200 |
| 50 (2 unpaid) | $30,000 |
| 48 (4 unpaid) | $28,800 |
| 46 (6 unpaid) | $27,600 |