Convert an annual salary to its exact hourly wage, overtime pay, and bi-weekly take-home estimate under standard 40-hour workweeks.
There are 2,080 standard work hours in a 52-week calendar year (40 hours × 52 weeks = 2,080 hours). Divide your annual salary by 2,080 to find your exact unadjusted base hourly wage.
Under federal FLSA rules, non-exempt hourly and salaried employees who work more than 40 hours in a single 7-day workweek must receive overtime pay at a rate not less than 1.5 times their regular hourly rate.
Every US worker pays 7.65% in mandatory FICA taxes (6.2% Social Security up to the wage base cap and 1.45% Medicare with no cap). Additionally, federal income tax withholding, state income tax (0% in FL, TX, WA, NV, TN, WY, AK, SD, NH), and health insurance/401(k) contributions are deducted.