wichita.edu
…your annual base pay rate will be converted to an hourly rate which is your annual base pay rate divided by the number of full-time hours worked per year, which is typically 2,080 hours for a full-time employee. For example, if your annual salary is $37,440, your hourly rate would be $17.00 ($37,440/2,080). Non-exempt to exempt, your current hourly base…
https://www.wichita.edu/services/humanresources/Total_Rewards/Compensation/Market_Based_Compensation/FLSA_FAQ.php