# How to Calculate Hourly Rate From a Semi Monthly Pay Period

Multiply an employee’s semi-monthly salary by two to find the employee’s monthly salary. Then multiply the employee’s monthly salary by 12 to find the annual salary. For example, if an employee’s semi-monthly salary is \$4,000, multiply \$4,000 x 2 = \$8,000 (monthly salary), and multiply \$8,000 * 12 = \$96,000 (annual salary).

Multiply the number of hours the employee works in a regular week by 52 (the number of weeks in a year) to find the number of hours an employee works in a year. For example, if an employee’s regular work week is 40 hours, multiply 40 x 52 = 2,080 hours.

Divide the annual salary by the annual hours to find the hourly wages. Using the same example, divide 96,000 / 2,080 = 46.15 this is the employee’s hourly rate.

## How do I calculate the hourly rate?

First, determine the total number of hours worked by multiplying the hours per week by the number of weeks in a year (52). Next, divide this number by the annual salary. For example, if an employee has a salary of \$50,000 and works 40 hours per week, the hourly rate is \$50,000/2,080 (40 x 52) = \$24.04.

## How do I calculate taxes from paycheck?

Calculate the sum of all assessed taxes, including Social Security, Medicare, and federal and state withholding information found on a W-4. Divide this number by the gross pay to determine the percentage of taxes taken out of a paycheck.

## How do I calculate salary to hourly wage?

Multiply the hourly wage by the number of hours worked per week. Then, multiply that number by the total number of weeks in a year (52). For example, if an employee makes \$25 per hour and works 40 hours per week, the annual salary is 25 x 40 x 52 = \$52,000.