How it is worked out
- $18 × 40 hours = $720 a week
- $720 × 52 weeks = $37,440 a year
- $37,440 ÷ 12 = $3,120 a month; ÷ 26 = $1,440 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.
$18 an hour at other weekly hours
| Hours a week | A year | A month |
|---|---|---|
| 20 | $18,720 | $1,560 |
| 25 | $23,400 | $1,950 |
| 30 | $28,080 | $2,340 |
| 32 | $29,952 | $2,496 |
| 35 | $32,760 | $2,730 |
| 37.5 | $35,100 | $2,925 |
| 40 | $37,440 | $3,120 |
| 45 | $42,120 | $3,510 |
| 50 | $46,800 | $3,900 |
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 | $37,440 |
| 50 (2 unpaid) | $36,000 |
| 48 (4 unpaid) | $34,560 |
| 46 (6 unpaid) | $33,120 |