Determine the total number of payroll hours for all employees for the pay period. For example, assume a business has 1,000 payroll hours for the pay period. 3. Divide the total hourly wages paid by the total number of payroll hours.How do you convert annual salary to hourly wage?
Divide your gross income by your total work hours to convert your salary to an hourly wage. For example, if your gross salary is $41,600 per year and you worked 2,080 during that time, then your hourly wage is $20.How do you calculate effective hourly rate?
Calculate how much you earned for the task. This might be from a bill you give the client or by adding up the billable hours and multiplying this by the hourly rate you bill. Divide the total amount you earned by the number of hours you put into the job to find out your effective hourly rate for that job.