How it is worked out
- $42 × 40 hours = $1,680 a week
- $1,680 × 52 weeks = $87,360 a year
- $87,360 ÷ 12 = $7,280 a month; ÷ 26 = $3,360 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.
$42 an hour at other weekly hours
| Hours a week | A year | A month |
|---|---|---|
| 20 | $43,680 | $3,640 |
| 25 | $54,600 | $4,550 |
| 30 | $65,520 | $5,460 |
| 32 | $69,888 | $5,824 |
| 35 | $76,440 | $6,370 |
| 37.5 | $81,900 | $6,825 |
| 40 | $87,360 | $7,280 |
| 45 | $98,280 | $8,190 |
| 50 | $109,200 | $9,100 |
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 | $87,360 |
| 50 (2 unpaid) | $84,000 |
| 48 (4 unpaid) | $80,640 |
| 46 (6 unpaid) | $77,280 |