How Many Working Hours Are in a Year?
Calculating the Numbers Let’s start with the fundamentals: 2080 hours per year are equal to one individual working 40 hours per week for 52 weeks in a year. How many working hours are in a year? There are 260 working days in a year. In 2020, those 260 days were equal to 2,080 working hours. But in 2023 and 2024, these workdays will add up to 2,096 hours. Understanding how many working hours a year equals how much money you make is crucial to financial planning. To calculate this, authors Joe Dominguez and Vicki Robin suggest calculating the total hours you spend doing your job in a year.
How many working hours in a year are there?
There are 2,080 work hours in a year based on someone working 52 weeks annually with a 40-hour work week. That also assumes that the person isn’t taking any vacation or sick days and so is working full time for the entire year.
Of course, that may not be entirely accurate depending on your own personal circumstances. If you find yourself working an average of 50 hours per week, for example, you’ll be looking at 2,600 working hours in a year.
It is also important to note that in each country and region around the world, standard workweeks and hours worked will vary. This is partly due to the benefits enjoyed by workers in each country, but also due to variations in the number of full time vs part time employees.
For example, according to the OECD, the average American worker puts in 1,767 working hours in a year. This includes full time, part-time and part-year workers, hours worked in additional jobs, and excludes time not worked because of public holidays, annual paid leave, sick leave and similar exclusions.
(Just note that whenever I mention OECD findings on working hours in this article, they’re all on this basis – just so you don’t think that they’re all referring to full time workers.)
FYI: Depending on where you live, you may or may not be pleased to hear that the average worker in the EU has 1,513 working hours in a year. This means that Americans work nearly 17% more hours than Europeans do, equivalent to an extra 254 hours a year or almost five extra hours each week.
How many hours a year do you work in Australia?
According to the OECD, the average full-time Australian employee works approximately 1,683 hours a year, just four hours less than the OECD average. This is partly based on the fact that fulltime Australian workers are legally entitled to between 10 to 13 public holidays annually as well as 20 vacation days.
And given that I know many of you reading this are in the US, I’ve saved you the trouble and done the math myself. That is, based on these findings, there are 84 less working hours in a year for an average Australian worker compared to the US. This is equivalent to just over 1.5 hours more each week – which doesn’t sound like much, but it can add up.
How many working hours in a year in the UK are there?
The OECD has found that there are, on average, 1,367 working hours in a year in the UK. This includes the fact that UK workers get eight to 10 “bank holidays”, or public holidays, per year. Full time employees are also legally entitled to 28 days of paid holiday vacation time each year.
Safe to say, that’s significantly less than some of the other places I mentioned earlier. This doesn’t necessarily mean though that workers in the UK are lazier (or even more efficient!) as the number on its own doesn’t tell us all that much.
But sure, if it helps, feel free to dream of “only” working that much – especially when it means that those in the UK have 400 less working hours in a year compared to their US counterparts, or almost eight less hours per week. Having the equivalent of one less work day each week certainly doesn’t sound too bad at all…
How many working hours in a year in 2022 are there?
There are 260 working days in 2022. On this basis, if you intend to work eight hours for every single work day of the year, there will be 2,080 working hours this year. That doesn’t, however, include any overtime or extended work hours, nor does it allow for vacation or sick days or other days off.
Learning how many working hours in a year based on a 40 hour work week there are can help you to find a position that is fitting for you. Working hours will vary by the number of days you have paid, vacation time you have scheduled, as well as any unpaid time you intend to take off before the end of the year.
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Resource:
https://webnews21.com/how-many-working-hours-are-in-a-year/
https://logicaldollar.com/how-many-working-hours-year/