Hourly to Salary Calculator
Convert an hourly wage to an annual salary, or an annual salary to an hourly rate. Factor in hours per week and weeks per year.
What Is a Hourly to Salary Calculator?
An hourly to salary calculator converts between hourly pay rates and annual salaries so you can compare job offers, plan your budget, or negotiate your compensation. Many workers are paid by the hour but think about their finances in annual terms, and salaried employees sometimes need to know their effective hourly rate. This tool bridges that gap instantly.
The calculation accounts for the number of hours you work per week and the number of weeks you work per year. Standard full-time employment is typically 40 hours per week for 52 weeks, but many people work different schedules, take unpaid leave, or are contracted for fewer weeks. Adjusting these variables gives you an accurate comparison between hourly and salaried compensation.
Beyond simple conversion, this calculator helps with practical financial decisions. If you are choosing between an hourly contract role and a salaried position, you need to compare them on equal terms. Factor in that salaried positions often include benefits like paid holidays and health insurance, which add value beyond the headline number.
How Do You Use This Hourly to Salary Calculator?
Enter your hourly wage or annual salary, the number of hours you work per week, and the number of weeks you work per year. Click Calculate to see the equivalent annual salary, monthly income, and weekly pay.
- Enter your hourly rate or annual salary in the appropriate field.
- Input the number of hours you work per week (default is 40).
- Set the number of working weeks per year (52 for full-year, or less if you have unpaid time off).
- Click Calculate to see the converted figure.
- Review the monthly, weekly, and daily breakdowns.
- Adjust hours or weeks to account for overtime, part-time work, or unpaid leave.
How Does the Hourly to Salary Calculator Formula Work?
The formula used: Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year. Hourly Rate = Annual Salary / (Hours Per Week × Weeks Per Year)
The hourly to salary conversion is a straightforward multiplication that scales an hourly rate to an annual figure based on your working hours and weeks.
Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year
To reverse the calculation: Hourly Rate = Annual Salary / (Hours Per Week × Weeks Per Year). For a standard full-time worker doing 40 hours per week for 52 weeks, the total annual hours are 2,080. Multiply any hourly rate by 2,080 to get the annual equivalent, or divide any salary by 2,080 to find the hourly rate.
What Are Some Example Calculations?
An hourly rate of $25 working 40 hours per week for 52 weeks equals an annual salary of $52,000. That is $4,333 per month or $1,000 per week.
Full-time worker earning $18.50/hour, 40 hours/week, 52 weeks/year
Annual = $18.50 × 40 × 52 = $18.50 × 2,080
Annual salary = $38,480. Monthly = $3,207. Weekly = $740.
Part-time worker earning £14/hour, 25 hours/week, 48 weeks/year
Annual = £14 × 25 × 48 = £14 × 1,200
Annual income = £16,800. Monthly = £1,400. Weekly = £350.
Salaried employee earning €65,000/year wants to know hourly rate, works 37.5 hours/week
Hourly = €65,000 / (37.5 × 52) = €65,000 / 1,950
Hourly rate = €33.33. Daily rate (7.5 hours) = €250.
When Should You Use a Hourly to Salary Calculator?
Use this calculator when comparing a salaried job offer to an hourly position. Convert both to the same unit — either annual salary or hourly rate — so you can make a fair comparison. It is also helpful when budgeting, as knowing your monthly and weekly income from an hourly wage helps you plan expenses and savings.
Freelancers and contractors can use this tool to set their rates. If you want to earn the equivalent of a $70,000 salary but will only bill 46 weeks per year at 35 hours per week, you need to charge approximately $43.48 per hour. The calculator makes these conversions instant and accurate.
What Do These Terms Mean?
What Are the Best Tips to Know?
- Subtract unpaid holiday and sick days from the weeks per year to get a more accurate annual income for hourly workers.
- When comparing hourly vs salaried roles, add 20-30% to the salary value to account for benefits like health insurance and paid leave.
- Use the calculator to find the hourly equivalent of a salaried position before accepting overtime-exempt roles.
- Remember that gross pay is before deductions — your take-home pay will be lower after tax and other withholdings.
- If you work overtime at a premium rate, calculate regular and overtime hours separately for an accurate annual total.
What Mistakes Should You Avoid?
- Assuming 52 working weeks per year when you actually have unpaid time off, which inflates the annual salary estimate.
- Forgetting to account for paid holidays already included in a salary but not in an hourly rate.
- Comparing gross hourly rate to net salary or vice versa — always compare like with like.
- Not factoring in benefits and pension contributions when comparing hourly contract work to salaried employment.
Frequently Asked Questions
How do I convert hourly pay to annual salary?
Multiply your hourly rate by the number of hours you work per week, then multiply by the number of weeks you work per year. For a standard 40-hour week over 52 weeks, multiply your hourly rate by 2,080.
How do I convert salary to hourly rate?
Divide your annual salary by the total number of working hours in a year. For a standard 40-hour week over 52 weeks, divide your salary by 2,080.
Should I use 52 or 50 weeks per year?
Use 52 weeks if you receive paid holidays and your salary covers the full year. Use fewer weeks (e.g., 48-50) if you are an hourly worker with unpaid time off, to get a more realistic annual income.
How do I account for overtime in the calculation?
Calculate your regular pay and overtime pay separately. For example, 40 hours at $20/hour plus 5 hours at $30/hour (1.5x) gives a weekly total of $950. Multiply by your working weeks for the annual total.
Is a $30/hour job the same as a $60,000 salary?
Approximately, yes — $30 × 2,080 = $62,400. However, a salaried position at $60,000 often includes benefits like health insurance, paid leave, and retirement contributions that an hourly role may not.
How do I calculate my daily rate from an hourly wage?
Multiply your hourly rate by the number of hours you work per day. For example, $25/hour × 8 hours = $200/day.
What is a good hourly rate?
This depends entirely on your location, industry, experience, and cost of living. Use this calculator to convert the hourly rate to an annual salary, then compare it to the average salary for your role in your area.
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