What hourly wage is equivalent to $118,000/yr? Convert $118,000 per year to an hourly wage. Tip: An easy way to estimate your hourly wage If you work a 40 hour a week job, there's an easy way to estimate your hourly wage. Just take your annual salary and divide it by two. Example:
  • Starting with $118,000 a year
  • 118 / 2 = 59
  • So you make approximately $59 an hour

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