Pay & Income
Period conversions
The same annual figure expressed over other pay periods.
The Formula
Monthly = Annual / 12; Weekly = Hourly x Hours; Daily = Hourly x Hours per day
The same annual figure expressed over other pay periods.
| Symbol | Meaning | Unit | Notes |
|---|---|---|---|
| A | Annual salary | currency | Gross salary for the year. |
| h | Hourly rate | currency | Equivalent hourly rate. |
| H | Hours per week | count | Contracted paid hours each week. |
What Each Symbol Means
Acurrency
Annual salary
Gross salary for the year.
hcurrency
Hourly rate
Equivalent hourly rate.
Hcount
Hours per week
Contracted paid hours each week.
See It Worked With Real Numbers
A formula on its own does not tell you which number goes where. The how to calculate salary page applies this equation to a concrete case, shows every intermediate step, and names the mistakes that produce a wrong answer even when the algebra is right.
Where This Formula Appears
This equation is the working core of How To Calculate Salary, filed under Finance. Every number the guide produces comes from substituting into this one line.