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QUESTION: If you are offered a job and the annual salary they want to offer you is $37,000 and will be working 70 hours a week, what is the hourly rate they will be paying you. Also need the same for $38,000 and $39,000 also working 70 hours a week.

Also, if you might be working 60 hours a week, and they offer you $37,000, $38,000 or $39,000 what is the hourly rate for each of those annual salaries they may offer?

ANSWER: Cris Guillen,

based on what you have stated, there are 52 weeks in a year and you will work 70 hours in each of those weeks so 52 x 70 = 3650 hours per year.

37,000/3650 = $10.16

38,000/3650 = $10.44

39,000/3650 = $10.71

52 weeks x 60 hours per week = 3120 hours per year

37,000/3120 = $11.86

38,000/3120 = $12.18

39,000/3120 = $12.50

I have rounded the hourly rate to two decimal places.

The specific answer would depend on if 52 x 70 hours per week is in fact what you would work. Also, you said nothing about overtime being a factor or weekend work or any situation which where you would received a different rate per hour.

you can write an excel formula in say c1

A1: 37,000

B1: 70

C1: =A1/(52*B1)

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Regards,

Tom Ogilvy

---------- FOLLOW-UP ----------

QUESTION: When I multiply 52 weeks times 70 hours a week I come up with $3,640 not $3,650. Also, since it will be on salary, there is no overtime, however, there are two locations, Location 1 is on salary and Location 2 will be hourly so I want to make sure I will get paid the same hourly rate at Location 2 as I would at Location 1.

Chris Guillen,

Actually, I did the calculations using 3640 (I used excel to calculate the hours). But when I typed the number of hours per year in the posting, I committed a typo. So the rates shown in the original posting were calculated using 3640 and are correct.

37,000/3640 = $10.16

38,000/3640 = $10.44

39,000/3640 = $10.71

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Regards,

Tom Ogilvy

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Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 10 | Politeness = 10 |

Comment | Thank you for your quick response and explaining this to me. I will be prepared tomorrow when the offer is put on the table. This will help me in negotiating what they should be offering me for the position. Again, thank you so much! |

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