r/confidentlyincorrect • u/TheLuciusGraham • Dec 31 '24

Image $15 an hour = $100k per year

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u/NectarOfTheBussy Dec 31 '24

fun trick, if you just double the hourly rate you get a pretty close number to the annual pay. So 42 > 84k. Actual number is 87360 but close enough for a quick conversion

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u/No_Introduction8285 Jan 01 '25

Yes! That's what I do, it's an easy way to get close to annual salary without overtime.

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u/Phyllis_Tine Jan 01 '25

40 hours a week is 2,000 hours, assuming two weeks off.

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u/NectarOfTheBussy Jan 02 '25

2 weeks paid vacation is 52 work weeks in a year

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u/Two-Maximum Jan 04 '25

Omg, that’s actually amazing!  Who would have thought that simply multiplying the hourly pay by the number of hours worked per year would equal the annual pay!?