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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.

If you follow the conventional 8 hours a day pattern, you will have worked for 40 hours in a week.

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2. Calculate A Value For The Year.

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.

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3. Consider The Deductibles.

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4. Adding The Deductible Hours.

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.

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No. of hours per week x 52- [no. of PTO hours + no. of paid holiday hours] = total no. of hours in a working year

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

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