How it is worked out
- $20 × 40 hours = $800 a week
- $800 × 52 weeks = $41,600 a year
- $41,600 ÷ 12 = $3,466.67 a month; ÷ 26 = $1,600 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.
$20 an hour at other weekly hours
| Hours a week | A year | A month |
|---|---|---|
| 20 | $20,800 | $1,733.33 |
| 25 | $26,000 | $2,166.67 |
| 30 | $31,200 | $2,600 |
| 32 | $33,280 | $2,773.33 |
| 35 | $36,400 | $3,033.33 |
| 37.5 | $39,000 | $3,250 |
| 40 | $41,600 | $3,466.67 |
| 45 | $46,800 | $3,900 |
| 50 | $52,000 | $4,333.33 |
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 | $41,600 |
| 50 (2 unpaid) | $40,000 |
| 48 (4 unpaid) | $38,400 |
| 46 (6 unpaid) | $36,800 |