3 ms·

I've always heard that 100k is about $50/hr but I don't think that's right. salary 100k self employement tax + 8k ~ 108k health insurance + 16k ~ 124k 401k

I've always heard that 100k is about $50/hr but I don't think that's right. salary 100k self employement tax + 8k ~ 108k health insurance + 16k ~ 124k 401k match + 3k ~ 127k 3 weeks of vacation and 10 holidays is 47 weeks of work. So ~$2700 per week which is $67.5 per hour (this doesn't include disability/unemployment/life insurance)

acconrad 10y ago
It's just raw salary divided by 2000 hrs (50 weeks a year * 40 hr weeks). It's obviously never fully accurate for any one person, but that's just how the world calculates something that isn't inherently hourly. If that's what you're worth an hour then double $67.5!