Let’s say you work 30-hour work weeks. You take 30 times 52 and get 1,560 working hours. Take 1,560 and multiply it by $50 and you get $78,000. If you work less than 30 hours a week, take your weekly work hours and multiply by 52.
To start off, we will take 40 hours a week at 52 weeks a year to get 2,080 working hours. Take 2,080 and multiply it by $50 to get $104,000. Let’s assume you work 10 hours of overtime per week.
Let’s assume it is 2 weeks unpaid vacation. You subtract the 2 weeks you are not paid to get to 50 weeks. We simply multiply 50 weeks by 40 hours to get 2,000 working hours. Multiply 2,000 by $50 and you get $100,000 annual income.
Earning $50 an hour per day, you would take $50 and multiply it by the hours worked. Assuming this number is 8 hours, it comes to a daily salary of $400 per day.
You could take your daily income of $400 and multiply this by the number of days per week you work. In this case, assuming you work 5 days a week, you earn $2,000 per week.