How Do I Convert Salary to Hourly to Calculate a Part-Time Rate?
Written by Salary SpecialistApril 19, 2018
Q. When accepting a part-time position in an office and asked about salary requirements, what is the appropriate thing to say? How can you compare a part-time to a full-time salary?
A. In any negotiation, always try to get the other party to say a number first. That’s as true for part-time work as for salary work.
Part-time salaries are typically based on full-time salaries divided by the number of hours worked. Some companies pay part-time employees a discounted rate, that is, less than the equivalent full-time salary. Also, benefits are typically lower for part-time employees.
Research the full-time salary for this position, either on Salary.com or through the human resources office at the company. Divide the full-time salary by the number of work-hours in the year, then multiply by the number of hours you will be working. For instance:
Convert Salary to Hourly
For instance, let’s assume a job pays a salary of $40,000 (based on a 40-hour workweek – all Salary.com salaries are based on a 40-hour workweek). To get the hourly equivalent rate for the job, divide $40,000 by 2,080 hours (2,080 equals 40 hours per week times 52 weeks in a year). That equals $19.23 per hour.
Or, if you want help with the math, using an hourly to salary calculator may work better for you.
Convert Hourly to Part-Time
Now, let’s assume you’re going to work 32 hours per week.
To get weekly earnings, multiply $19.23 by 32, which equals $615.38.
To get annual earnings, multiply $19.23 by 1,664 (32 times 52), or $32,000.
Bonus programs reflect a company's definition of success, how that definition is measured, and the extent to which that measure is met. Bonuses are
At some point in the job application process, you might find yourself in a tight spot. What do you do when asked for a salary history? You may be gunning
Did you know employers often pay a premium for education and experience, or that larger companies pay more. Here are eight compensable factors that can affect your salary.
The Good and Lame Reasons to Take a Sick Day With the unemployment rate hovering at 4.5 percent, "calling in sick" or taking unplanned time off has fallen
Don't Freak Out After Discovering a Coworker Brings Home a Bigger Paycheck Maintain the Proper Perspective For the most part, you and your colleagues get
Q: My company recently decided to eliminate company cars as a perk for any employee. Since they have always maintained that the benefit was "part of my