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To calculate your hourly rate from your annual salary, divide your annual salary by the number of hours you work in a year. For example, if you earn $50,000 a year and work 2,080 hours a year, your hourly rate is $50,000 / 2,080 = $24.04 per hour. Career planning often involves understanding how to convert between annual salary and hourly rate. Similarly, one can calculate gross weekly, yearly, and monthly earnings by adjusting the hourly pay rate according to the number of hours worked in those respective periods.

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