2023 · Use the hourly wage to salary formula: hourly wage = annual salary / ( weekly hours × 52) Substitute the annual salary and weekly work hours: hourly wage = 40,000 $/yr / ( 40 hr/wk × 52 wk/yr) Calculate the hourly pay: hourly wage = $19.23 per hour. Paycheck Calculator For Salary And Hourly Payment 2023 Curious to know how much taxes and other deductions will reduce your paycheck? Use our paycheck tax calculator. If you’re an.