Time is Money: Exploring the Value of Labor Hours on Labor Day

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If you work in a work culture that follows a 5-day work week, it is possible that you are required to work at least 8 hours per day consistently throughout the year.

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Have you ever considered how many working hours there are in a year for you? Specifically, how many hours do you typically work in a year?

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1. Calculate The Number Of Hours You Work In A Week.

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2. Calculate A Value For The Year.

[{"selector":"#anim-8ff8f50a-158c-4eb7-a791-fce0fc5c92d3","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke Let’s assume that a workweek for you has 40 hours. In that case, the total number of hours worked for a year would be 2080. Learn more

3. Consider The Deductibles.

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4. Adding The Deductible Hours.

[{"selector":"#anim-3ac68754-38d8-43c6-9e61-08e731b70e7f","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke The next step is to add the number of hours for paid time off (PTO) and paid holidays to calculate your total time off in a year. Learn more

5. Subtracting Total Time Off From Total Hours In A Working Year.

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