Convert annual wage to hourly - Hourly pay is the rate paid per hour of an employee's work. Employees who are paid by the hour can receive overtime pay, which is usually their base wage plus ...

 
The employee's hourly rate of basic pay is $42.66 ($89,033/2,087 hours). The employee's biweekly rate of basic pay is $3,412.80 ($42.66 x 80 hours). The pay the employee will actually receive is $88,733 ($3,412.80 x 26 pay dates). If calendar year 2011 had 27 pay dates (see 26 or 27 Pay Dates below), a GS-13, step 1, employee in the DC locality ... . Art of skin redding ca

Apr 19, 2023 · Another way to calculate this is to use the annual income formula, but reducing the weeks worked per year. Annual Income = $20/hour x 40 hours/week x 50 weeks/year. Annual Income = $40,000. The annual income of this wage earner has now dropped to $40,000 from the previous example of $41,600. To calculate the hourly rate on the basis of your monthly salary, firstly, multiply your monthly salary by 12. Then, divide the resultant value by the number of hours you work per week. Lastly, divide the result by the number of paid weeks you work each year. The final figure will be your hourly wage. Easy conversion of your salary from weekly, monthly or yearly to hourly rate or daily pay or from daily or hourly pay to yearly, monthly or weekly salary. Also supports quarterly …Utilize our Salary Calculator to calculate your hourly salary, daily salary, weekly salary, and annual salary effortlessly. How Does Salary Calculator Work Using a $50 hourly rate, with an average of eight hours worked each day, and 260 working days a year (calculated by multiplying 52 weeks by 5 working days a week), the annual unadjusted ...A yearly salary of $45 000 is $865 per week. This number is based on 37.5 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid biweekly (once every two weeks) your gross paycheck will be $1 731. To calculate annual salary to weekly salary we use this formula: Yearly salary / 52 weeksThen you would be working 50 weeks of the year, and if you work a typical 40 hours a week, you have a total of 2,000 hours of work each year. In this case, you can quickly compute the hourly wage by dividing the annual salary by 2000. Your yearly salary of $156,000 is then equivalent to an average hourly wage of $78 per hour.Then you would be working 50 weeks of the year, and if you work a typical 40 hours a week, you have a total of 2,000 hours of work each year. In this case, you can quickly compute the hourly wage by dividing the annual salary by 2000. Your yearly salary of $36,500 is then equivalent to an average hourly wage of $18.25 per hour.A yearly salary of €38,000 is €3,167 a month. This number is based on 39 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid biweekly your gross paycheck will be €1,462. To calculate annual salary to monthly salary we use this formula: Yearly salary / 12 monthsHow to Calculate Hourly Wage. If you work a 2,000 hour work year then divide your annual earnings by 2,000 to figure out your hourly wage. To do this quickly in your head you would drop 3 zeros from your annual salary & then divide the remaining number by 2. So if you make $60,000 a year that would first become $60 & then divide that by 2 to ... Jan 18, 2024 · Annual salary to hourly wage ($50000 per year / 52 weeks) / 40 hours per week = $24.04 per hour. Monthly wage to hourly wage ($5000 per month × 12 / 52 weeks) / 40 hours per week = $28.85. Weekly paycheck to hourly rate; $1500 per week / 40 hours per week = $37.50 per hour. Daily wage to hourly rate; $120 per day / 8 hours = $15 per hour Find out the benefit of that overtime! Enter the number of hours, and the rate at which you will get paid. For example, for 5 hours a month at time and a half, enter 5 @ 1.5. There are two options in case you have two different overtime rates. To keep the calculations simple, overtime rates are based on a normal week of 37.5 hours. When it comes to hiring house cleaning services, one of the most important factors to consider is the hourly rate. The hourly rate determines how much you will be paying for the se...How to calculate annual income. To calculate an annual salary, multiply the gross pay (before tax deductions) by the number of pay periods per year. For example, if an employee earns $1,500 per week, the individual’s annual income would be 1,500 x 52 = $78,000. How to calculate taxes taken out of a paycheckA yearly salary of $60,000 is $1,154 per week. This number is based on 40 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid biweekly (once every two weeks) your gross paycheck will be $2,308. To calculate annual salary to weekly salary we use this formula: Yearly salary / 52 weeksTo calculate the hourly rate on the basis of your monthly salary, firstly, multiply your monthly salary by 12. Then, divide the resultant value by the number of hours you work per week. Lastly, divide the result by the number of paid weeks you work each year. The final figure will be your hourly wage. Jun 10, 2023 · Salary Converter . Do you know your annual salary and want to know what that equates to as an hourly rate? Trying to compare jobs where everyone quotes different amounts on a weekly, hourly, annual basis or just need a quick way of finding out overtime rates? The salary converter will help you do the comparisons simply and efficiently. To calculate your average annual salary, you would multiply 15 hours a week by 15 dollars an hour. Then multiply that by 52 weeks. Average annual salary = 15 x 15 x 52 = $11,700Utilize our Salary Calculator to calculate your hourly salary, daily salary, weekly salary, and annual salary effortlessly. How Does Salary Calculator Work Using a $50 hourly rate, with an average of eight hours worked each day, and 260 working days a year (calculated by multiplying 52 weeks by 5 working days a week), the annual unadjusted ... Salary Conversions. Convert Hourly Wage to Yearly Salary. Convert Yearly Salary to Hourly Wage. Browse our calculators that allow you to easily convert between a yearly wage and an hourly salary.Assuming 50 working weeks per year, if your hourly salary is $18, your yearly salary would be $37,440. The formula for the salary calculator: Yearly salary / 52 weeks / 40 hours a week. Converting to another time unit of $18 pre hour Biweekly wage = 2 × Weekly wage. For a wage earner who gets paid hourly, we can calculate the biweekly salary from the formula above. Remembering that the weekly wage is the hourly wage times the hours worked per week: Biweekly wage = 2 × Hourly wage × Hours per week. We can also express the first formula in terms of the …Convert $60k a year to hourly wage. Use this easy calculator to convert an annual salary to its equivalent as an hourly wage. ... It depends on how many hours you work, but assuming a 40 hour work week, and working 50 weeks a year, then a $60,000 yearly salary is about $30.00 per hour. Is 60k a year good pay? It's above average. We …If you divide $70,000 by 52, which is the number of weeks in a year, you will get $1,346. If you divide that by 40, the number of hours per week you expect to work, you’ll get $33.65, which is the hourly wage. So to find the hourly wage, you take the annual salary and divide it by the total number of hours you expect to work in a year.annual salary = hourly wage × hours per week × 52. This figure indicates how much money an hourly employee makes annually. (This formula assumes the hourly wage is not affected by overtime, tips, etc.) Here is an example of how to convert hourly wages into an annual salary. For example, let’s suppose that your current hourly salary is $30 ...Compare your income to the median salary in the UK. The median wage per hour in the UK is £15.14 in 2024. Your income is higher than the median hourly wage. Find how much …Then you would be working 50 weeks of the year, and if you work a typical 40 hours a week, you have a total of 2,000 hours of work each year. In this case, you can quickly compute the hourly wage by dividing the annual salary by 2000. Your yearly salary of $36,500 is then equivalent to an average hourly wage of $18.25 per hour.Another way to calculate this is to use the annual income formula, but reducing the weeks worked per year. Annual Income = $20/hour x 40 hours/week x 50 weeks/year. Annual Income = $40,000. …Hourly to Salary calculation. In order to convert an hourly rate to salary, you need to first enter your hourly pay and an average number of hours per week that you bill. Then you need to enter things that will allow us to estimate an equivalent weekly, monthly, and yearly salary: the number of working days per week, the number of days that we ... Assuming 50 working weeks per year, if your hourly salary is $18, your yearly salary would be $37,440. The formula for the salary calculator: Yearly salary / 52 weeks / 40 hours a week. Converting to another time unit of $18 pre hourSep 13, 2566 BE ... Want to quickly figure out how to calculate your hourly rate from annual salary? Here's the simple formula: Hourly pay = Annual salary ...When it comes to hiring a house cleaning service, one of the most important factors to consider is the pricing model. Two common pricing models in the industry are hourly rates and...Enter your hourly wage and hours worked per week to see your monthly take-home, or annual earnings, considering UK Tax, National Insurance and Student Loan. The latest …Assuming 50 working weeks per year, if your yearly salary is $60,000, your hourly salary would be $28.85. The formula for the salary calculator: Yearly salary / 52 weeks / 40 hours a week. Converting to another time unit of $60,000 pre yearStart by converting your hourly earnings into an annual salary to get a rough estimate of what your hourly earnings would amount to. Here's a trick to do this: Simply double your hourly wage and tack on three zeros at the end. For example, if you make $20 per hour, you’ll make about $40,000. If you make $30 per hour, you’ll make …February typically has 28 days except on leap years when it has 29 days. If you are paid an even sum for each month, to convert annual salary into monthly salary divide the annual salary by 12. If you are paid in part based on how many days are in each month then divide your annual salary by 365 (or 366 on leap years) & then multiply that ... Then you would be working 50 weeks of the year, and if you work a typical 40 hours a week, you have a total of 2,000 hours of work each year. In this case, you can quickly compute the hourly wage by dividing the annual salary by 2000. Your yearly salary of $45,760 is then equivalent to an average hourly wage of $22.88 per hour.Utilize our Salary Calculator to calculate your hourly salary, daily salary, weekly salary, and annual salary effortlessly. How Does Salary Calculator Work Using a $50 hourly rate, with an average of eight hours worked each day, and 260 working days a year (calculated by multiplying 52 weeks by 5 working days a week), the annual unadjusted ... When it comes to hiring a house cleaning service, one of the most important factors to consider is the pricing model. Two common pricing models in the industry are hourly rates and...Feb 14, 2015 · If you add a thirty percent cushion to your thirty-dollar-an-hour consulting rate, you'll get $30 x 1.3 0r thirty-nine dollars an hour. You can round it up to forty dollars an hour. If you add a ... Hourly wage to weekly wage: $18 per hour × 40 hours per week = $720 weekly. Hourly wage to monthly salary: $18 per hour × 40 hours per week × (52 weeks …When it comes to hiring a house cleaning service, one of the most important factors to consider is the pricing model. Two common pricing models in the industry are hourly rates and...Jan 18, 2024 · Annual salary to hourly wage ($50000 per year / 52 weeks) / 40 hours per week = $24.04 per hour. Monthly wage to hourly wage ($5000 per month × 12 / 52 weeks) / 40 hours per week = $28.85. Weekly paycheck to hourly rate; $1500 per week / 40 hours per week = $37.50 per hour. Daily wage to hourly rate; $120 per day / 8 hours = $15 per hour Here are the steps to calculate annual income based on an hourly wage, using a $17 hourly wage, working 8 hours per day, 5 days a week, every week, as an example. Step #1: Multiply your hourly wage by the number of work hours per day. In our example, your daily salary would be $136 ($17 per hour times 8 hours per day). Start by converting your hourly earnings into an annual salary to get a rough estimate of what your hourly earnings would amount to. Here's a trick to do this: Simply double your hourly wage and tack on three zeros at the end. For example, if you make $20 per hour, you’ll make about $40,000. If you make $30 per hour, you’ll make …If you get paid bi-weekly (once every two weeks) your gross paycheck will be €1,462. To calculate annual salary to hourly wage we use this formula: Yearly salary / 52 weeks / 39 hours per week. Time. Full Time. (39H/week) Monthly wage. €38,000 yearly is €3,167 monthly. Biweekly wage. €38,000 yearly is €1,462 biweekly. To convert your annual salary to hourly wage, you need to: Divide your annual pay by 52 (the number of weeks in a year). Divide the result of Step 1. by the number of hours worked per week. For most people, it is 40 hours per week. The result is your hourly wage! As you can see, it's not hard to calculate the hourly wage from salary.Example 2: $75,000 annual salary to hourly. Converting to an hourly wage: Assuming a 40-hour work week and 52 weeks per year (2080 hours), Hourly wage = $75,000 / 2080 = ~$36.06 per hour. Converting to a weekly wage: If you work all 52 weeks in a year, Weekly wage = $75,000 / 52 = ~$1,442.31 per week. Converting to a monthly …In order to calculate your annual salary, multiply your hourly wage by the number of hours you work each week. Assuming you work a standard 40 hour work week, in order to calculate your annual salary from an hourly wage, simply multiply your hourly rate by 2,080 (hours in a year). So if you make $20 an hour, your annual salary would be $41,600.Double-click on the cell that’s directly under “Hourly Rate” and divide the product of 24 and the number of hours worked in the row by the amount earned. If you structured the columns of spreadsheet like the example above, your formula should look like this: =C5/ (24*B5) Enter the formula into the empty cell and hit Enter.Your weekly pay is $720 if work 40 hours per week. If this is not the case (e.g., you work part-time), you need to use the formula: weekly pay = hourly wage × hours worked per week. You can verify your computation with an online weekly salary calculator. People also viewed.Feb 14, 2558 BE ... Somehow you need to take the SalaryWage column that has the annual wages listed and convert just those values to hourly wage. Then sort via the ...Hourly wage to monthly salary: $18 per hour × 40 hours per week × (52 weeks per year / 12 months) = $3,120 monthly. or shorter: $720 of weekly rate × (52 weeks per year / 12 months) = $3,120 monthly. Hourly rate to annual income: $720 weekly wage × 52 weeks = $37,440 annually. or: $3,120 monthly wage × 12 months = $37,440 yearly …Canadians will gain an extra day in 2024, but not all workers will get paid for it. This year is a leap year, where an extra day, Feb. 29, is added to the calendar to …Jan 18, 2024 · Biweekly wage = 2 × Weekly wage. For a wage earner who gets paid hourly, we can calculate the biweekly salary from the formula above. Remembering that the weekly wage is the hourly wage times the hours worked per week: Biweekly wage = 2 × Hourly wage × Hours per week. We can also express the first formula in terms of the daily wage. It might even show you a breakdown of your yearly salary into an hourly rate. If not, you can find all the information you need to calculate your hourly rate in a few steps. But first, if you consistently work 40 hours a week, there’s a quick and easy way to calculate your hourly rate in just one step: divide your annual salary by 2,080.Salary to Hourly Calculator. Use our salary to hourly calculator to convert your annual salary, monthly, weekly, or daily wages into an hourly rate. Simply input your estimated wage depending on how you earn your income (by week, month, or year), the hours you work per day, and the number of days you work per week. The calculator will conduct ...May 30, 2561 BE ... In this Tutorial you will learn how to calculate daily , hourly, weekly, biweekly and yearly salary in excel sheet.Updated June 24, 2022 To covert your salary to its equivalent hourly pay, use our calculator below: Time Worked Hours Per Day Days Per Week Starting Pay Hourly Pay …So, if a person makes $40,000 per year working 40 hours per week, their hourly wage is around $19.23. (40,000 divided by 2,080). Use the following formulas to calculate salary from hourly wage: Regular Weekly Pay = Hourly Wage x Hours Worked. Overtime Weekly Pay = Hourly Wage x 1.5 x Overtime Hours. Overtime hours are hours …Gross pay is the amount of pay an employee earns before any taxes and deductions are taken out while net pay is the amount an employee receives after taxes and deductions are taken out. Say your employee earns a weekly salary of $1,000 and has $200 worth of deductions and taxes every week. The gross pay would be $1,000 while the net pay …A yearly salary of $45 000 is $21.63 per hour. This number is based on 40 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid bi-weekly (once every two weeks) your gross paycheck will be $1 731. To calculate annual salary to hourly wage we use this formula: Yearly salary / 52 ... To decide your hourly salary, divide your annual income with 2,080. Assuming you make a hundred thousand dollars in 12 months, your hourly wage is $100,000 / 2080, or $48.07. If you worked 37.5 hours a week, divide your annual salary by 1,950 (37.5 × 52). At $100,000, your hourly salary is $100,000 / 1,950, or $51.28. Keeping a clean and tidy home is important for both physical and mental well-being. However, with our busy lives, finding the time to maintain a spotless living space can be challe...1. Choose your current pay period (e.g., hourly, weekly, monthly). 2. Enter the wage value for that period (e.g. 15, 16.5, 4000). 3. Hit the “Convert Wage” button. 4. Voila! See your wage seamlessly converted to all other pay periods. Delving Deeper into Wage Conversions. Converting an hourly wage into various pay periods provides a ...The employee's hourly rate of basic pay is $42.66 ($89,033/2,087 hours). The employee's biweekly rate of basic pay is $3,412.80 ($42.66 x 80 hours). The pay the employee will actually receive is $88,733 ($3,412.80 x 26 pay dates). If calendar year 2011 had 27 pay dates (see 26 or 27 Pay Dates below), a GS-13, step 1, employee in the DC locality ...A yearly salary of $60,000 is $5,000 a month. This number is based on 38 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid biweekly your gross paycheck will be $2,308. To calculate annual salary to monthly salary we use this formula: Yearly salary / 12 monthsThe easiest way to convert an annual salary to an hourly wage is shown below: Hourly wage = Annual Salary ÷ 1950 hours. The typical UK work week is 37.5 hours, so if you were to work 52 weeks (or conversely get vacation pay) you would end up with 1,950 hours of work.If you make £10 an Hour, your yearly salary would be £19,240. This calculation is based on the assumption that 52 working weeks per year and you work 37 hours a week. If you were paid once a month, your paycheck would be £1603.33. If you were paid once every two weeks, your paycheck would be £740.00. Assuming 50 working weeks per year, if ... How do I calculate salary to hourly wage? Multiply the hourly wage by the number of hours worked per week. Then, multiply that number by the total number of weeks in a year (52). For example, if an employee makes $25 per hour and works 40 hours per week, the annual salary is 25 x 40 x 52 = $52,000. Then you would be working 50 weeks of the year, and if you work a typical 40 hours a week, you have a total of 2,000 hours of work each year. In this case, you can quickly compute the hourly wage by dividing the annual salary by 2000. Your yearly salary of $45,760 is then equivalent to an average hourly wage of $22.88 per hour.Overtime pay of $15 × 5 hours × 1.5 (OT rate) = $112.50. Wage for the day $120 + $112.50 = $232.50. Don't forget that this is the minimum figure, as laid down by law. An employer may choose a higher rate of overtime pay. Some companies pay 2.5 times the standard rate for overtime and sometimes even more.Calculate your annual salary. Assuming you know your monthly salary, and now you want to confirm how much that is going to be in a year. Here, you must multiply the monthly salary by 12, the number of months a year. \footnotesize \text {Annual salary} = \text {Monthly salary} \times 12 Annual salary = Monthly salary × 12.This salary calculator assumes the hourly and daily salary inputs to be unadjusted values. All other pay frequency inputs are assumed to be holidays and vacation days adjusted values. This calculator also assumes 52 working weeks or 260 weekdays per year in its calculations. The unadjusted results ignore the holidays and paid vacation days. A yearly salary of £30,000 is £577 per week. This number is based on 37 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid biweekly (once every two weeks) your gross paycheck will be £1,154. To calculate annual salary to weekly salary we use this formula: Yearly salary / 52 weeksFind out the benefit of that overtime! Enter the number of hours, and the rate at which you will get paid. For example, for 5 hours a month at time and a half, enter 5 @ 1.5. There are two options in case you have two different overtime rates. To keep the calculations simple, overtime rates are based on a normal week of 37.5 hours. To work out the hourly rate of an employee using their annual salary divide the annual salary by the number of hours worked during the year. A similar calculation can also be done ...Salary to Hourly Calculator. Use our salary to hourly calculator to convert your annual salary, monthly, weekly, or daily wages into an hourly rate. Simply input your estimated wage depending on how you earn your income (by week, month, or year), the hours you work per day, and the number of days you work per week. The calculator will conduct ...A salary calculator simplifies complex calculations, helping individuals convert hourly wages into annual incomes and providing a clearer perspective on job offers and financial planning. Annual income significantly varies based on hourly pay and weekly work hours. Age, education, experience, gender, and company performance play roles in ...Add all forms of compensation and benefits together then subtract all costs paid to earn that compensation. Finally, convert that net compensation number to an hourly rate by dividing it by the total hours required to earn that income. Related: Here’s a scientific system to build your wealth now. If that sounds like a lot, this wage ...

annual salary = hourly × hours per week × number of workweeks. 30 × 40 × 52 = $62,400. Our annual salary per hour calculator not only can easily calculate this …. Lyrics for i'll be

convert annual wage to hourly

It's just the latest indication. There are fresh indications American pay packets are getting a boost. The latest evidence comes from Bureau of Labor Statistics report on labor pro...Convert hourly wage to annual salary. Enter your hourly pay: Hourly Wages of $. Convert to annual salary. Convert your hourly wage to annual salary and vice versa, or get your salary in different currencies and check the cost of living. ... pay rise, there are plenty of reasons to convert either your hourly rate to your annual salary or vice versa. Read on for our simple equation that will do ...Hourly to Salary calculation. In order to convert an hourly rate to salary, you need to first enter your hourly pay and an average number of hours per week that you bill. Then you need to enter things that will allow us to estimate an equivalent weekly, monthly, and yearly salary: the number of working days per week, the number of days that we ... Your weekly pay is $720 if work 40 hours per week. If this is not the case (e.g., you work part-time), you need to use the formula: weekly pay = hourly wage × hours worked per week. You can verify your computation with an online weekly salary calculator. People also viewed.Jan 18, 2024 · For someone with an income of $30 per hour, the annual salary is $62,400, assuming 40 weekly working hours. We can use the following formula for the total yearly pay to calculate it: Annual salary = Hours per week × Weeks per year × Hourly wage. Annual salary = 40 hrs/week × 52 weeks/yr × $30/hr. Annual salary = $62,400/yr To work out the hourly rate of an employee using their annual salary divide the annual salary by the number of hours worked during the year. A similar calculation can also be done ...Calculating your hourly wage into an annual salary is simple: Multiply your hourly wage by 40 hours. This is your weekly wages. Next, take your weekly wages and multiply it by 52 weeks. This is your annual salary from hourly wages. When you know this number, you can calculate how much you should save each year.The Yearly to Hourly Calculator is a valuable tool for individuals seeking to convert their annual salary into an hourly rate. Whether you are negotiating job offers, planning part-time work, or comparing different compensation structures, this calculator provides a convenient way to break down your yearly income into an hourly wage. The average, full-time, salaried employee works 40 hours a week. Based on this, the average salaried person works 2,080 (40 x 52) hours a year. To determine your hourly wage, divide your annual salary by 2,080. If you make $75,000 a year, your hourly wage is $75,000/2080, or $36.06. If you work 37.5 hours a week, divide your annual salary by ... Jan 18, 2024 · The annual salary is $43,680 for a 40-hour workweek. You can calculate this by following these steps: Use the hourly wage to annual salary formula: annual salary = hourly wage × weekly hours × 52. Substitute the hourly wage and weekly work hours: annual salary = 21 $/hr × 40 h/wk × 52 wk/yr. Perform the calculations to obtain your result: Enter your hourly wage and hours worked per week to see your monthly take-home, or annual earnings, considering Irish income tax, Universal Social Charge and Pay-Related Social Insurance. The latest budget information from January is used to show you exactly what you need to know. ... You can choose the tax year that you wish to calculate. By ...The more days you work each week the lower your equivalent daily income if you are based on a fixed annual salary. Annual Income. Daily Income 200 Day Year. Daily Income 250 Day Year. Daily Income 365 Day Year. $10,000. $50.00. $40.00. $27.40.Salary calculator (XLSM, 62.45 MB) This calculator helps organisations convert the salaries of casual, part-time, contract or part-year employees to annualised, full-time equivalent salaries for use in the workplace profile.Hourly Rate = Yearly Salary / ( (Hours per Week / Days per Week) x Work Days per Year)Do we work harder when we're paid hourly? Motivation really depends on the environment and the job. Learn if we work harder when we're paid hourly. Advertisement ­­ It's 4:15 on a ...Hourly pay is the rate paid per hour of an employee's work. Employees who are paid by the hour can receive overtime pay, which is usually their base wage plus ...A salary calculator simplifies complex calculations, helping individuals convert hourly wages into annual incomes and providing a clearer perspective on job offers and financial planning. Annual income significantly varies based on hourly pay and weekly work hours. Age, education, experience, gender, and company performance play roles in ...According to data from Statista, the average salary in the UK is £31,285. Assuming they work 40 hours per week, their hourly rate would be as follows: Step 1: £31,285 per year ÷ 52 weeks per year = £601.63 per week. Step 2: £601.63 per week ÷ 36.6 hours per week = £15.04 per hour..

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