What is 40 an hour annually?

A rate of $40 per hour equates to earning $83,200 annually, assuming a standard 40-hour workweek and 52-week work year. This is calculated by multiplying the hourly rate by the number of hours in a typical workweek (40) and then multiplying that by the number of workweeks in a year (52). It is important to note that this annual salary does not take into account any additional benefits or bonuses that may be offered by an employer.