Example Sentences for commitment. But our commitment to national safety is not a commitment to expand our military establishment indefinitely. Commitment: This term is used referring to a purchase of stock. Mr. Wilson wished for a commitment in order to reduce the proportion of votes required. The instrument bore the date of Champney Googe's commitment.
The formula of calculating yearly income and hourly salary is as follow: â¢ Yearly income = Hourly wage Ã 40 hrs Ã 52 weeks. â¢ Hourly wage = Yearly salary / ( 40 hrs Ã 52 weeks ) â¢ Daily salary = Hourly wage Ã 8 hrs. â¢ Weekly salary = Daily income Ã 5 days. â¢ Biweekly income = Yearly salary / 26 biweeks.
Based on this, the average salaried person works 2,080 (40 x 52) hours a year. To determine your hourly wage, divide your annual salary by 2,080. If you make $75,000 a year, your hourly wage is $75,000/2080, or $36.06. If you work 37.5 hours a week, divide your annual salary by 1,950 (37.5 x 52). At $75,000, you hourly wage is $75,000/1,950, or $38.46. If you get a commission for sales on top of a base salary, this can be more difficult to calculate.