Blog Post: Conversion is easy math!

Imagine this scenario, you have always been paid by the hour and all the sudden you are faced with an opportunity but the offer is given to you in salary numbers. Or, you have always earned an annual salary and the offer is made in an hourly wage. Conversion is super easy!

Generally speaking and on average, if you double the hourly wage on a full-time position and 50 weeks per year, you will get the annual wage. Conversely, if you split the annual salary amount in half, you get the hourly wage.

For example:

$8.00 per hour X 40 hours per week = $320 per week
$320 per week X 50 weeks in a year = $16,000 per year
Thus doubling $8.00 per hour would be $16,000.

Now, naturally this is a ball park. Unless you can do exact quick math in your head, this is a great tip to get you a quick pay range and you'll know where to start negotiations.