For example if your total monthly salary as a part-time employee is 1500 and the FTE is 65 your hourly wage is 1331. How to calculate average hourly pay rate. Income Hours Hourly Rate.
If your monthly pay is flat based on an annual salary then you would simply divide the salary by 12 to come up with the equivalent monthly wages.
Unmasking Excel Two Hour Webinar WEBINAR - 02112021. Lets say you track a total of 15 hours worked on your business for the week. The formula for salary to hourly we use is. How Unadjusted and Adjusted Salaries are Calculated Using a 10 hourly rate with inputs resulting in an average of eight hours worked each day and 260 working days a year 52 weeks multiplied by 5 working days a week annual unadjusted salary can be calculated as.