Hourly Salary Calculator
Annual Salary =
| Pay Period | Amount |
|---|---|
| Hourly | $25.00 |
| Daily | $200.00 |
| Weekly | $1,000.00 |
| Biweekly | $2,000.00 |
| Monthly | $4,333.33 |
| Yearly | $52,000.00 |
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Hourly Rate to Annual Salary
Convert an hourly wage to its equivalent annual salary. Multiply your hourly rate by the number of hours you work per week, then by the number of weeks you work per year (typically 52 for full-time with paid vacation).
Annual Salary = Hourly Rate × Hours/Week × Weeks/Year
Salary to Hourly Rate
Convert an annual salary to its equivalent hourly rate. Divide the total annual salary by the number of working hours in a year. For a standard full-time schedule, that is 2,080 hours (40 hours/week × 52 weeks).
Hourly Rate = Annual Salary ÷ (Hours/Week × Weeks/Year)
How It Works
This calculator converts between hourly wages and salary amounts across all common pay periods. Use the dropdown to select your conversion direction: enter an hourly rate to see the equivalent annual salary, or enter a salary to find the hourly rate. The default assumes a standard 40-hour work week and 52 weeks per year (2,080 working hours annually). Adjust these values to match part-time schedules, unpaid time off, or non-standard work arrangements.
Example Problem
You earn $20.00 per hour and work 40 hours per week for 52 weeks per year.
- Yearly: $20 × 40 × 52 = $41,600
- Monthly: $41,600 ÷ 12 = $3,466.67
- Biweekly: $20 × 40 × 2 = $1,600
- Weekly: $20 × 40 = $800
- Daily: $20 × 8 = $160
If you have unpaid time off, reduce the weeks-per-year value. For example, 50 weeks (2 weeks unpaid vacation) at $20/hr gives $40,000 instead of $41,600.
Key Concepts
Hourly workers are paid for each hour worked and are typically eligible for overtime pay (1.5× rate) beyond 40 hours per week under the Fair Labor Standards Act. Salaried workers receive a fixed annual amount regardless of hours worked, often with benefits like health insurance, retirement plans, and paid time off. When comparing job offers, factor in the total compensation package — benefits can add 20–30% to the value of a salaried position.
Applications
- Comparing hourly vs salaried job offers on an equal basis
- Estimating annual income for loan applications or budgeting
- Calculating the hourly equivalent of a salary for freelance rate-setting
- Adjusting income projections for part-time or variable schedules
- Understanding how unpaid time off affects annual earnings
Common Mistakes
- Forgetting that this calculator shows gross pay only — federal, state, and local taxes will reduce take-home pay
- Using 52 weeks when you have unpaid time off — reduce weeks-per-year to reflect actual working weeks
- Not accounting for overtime — hourly workers who regularly exceed 40 hours earn more than the straight-time projection
- Ignoring benefits when comparing offers — salaried positions often include health insurance, 401(k) match, and PTO worth thousands per year
- Assuming daily pay is hourly rate × 24 — daily pay is based on your scheduled hours per day (typically 8)
Frequently Asked Questions
How do I convert hourly rate to annual salary?
Multiply your hourly rate by the number of hours you work per week, then multiply by 52 (the number of weeks in a year). For example, $15/hour × 40 hours × 52 weeks = $31,200 per year.
How do I convert salary to hourly rate?
Divide your annual salary by the total working hours in a year. For a standard full-time schedule, that's 2,080 hours (40 hours/week × 52 weeks). For example, $60,000 ÷ 2,080 = $28.85 per hour.
How much is $20 an hour annually?
At $20 per hour working 40 hours a week for 52 weeks, you would earn $41,600 per year before taxes. Your monthly gross pay would be approximately $3,467.
How much is a $50,000 salary per hour?
A $50,000 annual salary equals approximately $24.04 per hour, assuming you work 40 hours per week for 52 weeks ($50,000 ÷ 2,080 hours).
Why is 2,080 used for annual hours?
The number 2,080 comes from 40 hours per week multiplied by 52 weeks per year. This is the standard full-time work year used by employers and government agencies in the United States.
Does this calculator account for overtime pay?
No. This calculator assumes straight-time pay for all hours. If you earn overtime (typically 1.5× your regular rate for hours over 40 per week), your actual annual earnings will be higher than what is shown.
Should I factor in vacation and holidays?
If you receive paid vacation and holidays, your salary already covers those days, so use 52 weeks. If you have unpaid time off, reduce the weeks-per-year value to reflect only the weeks you actually work.
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Disclaimer: This calculator determines gross pay only and is intended for educational purposes. It does not calculate net pay, does not constitute tax or legal advice, and should not be used as a substitute for professional payroll services. Tax withholdings, benefits, and overtime rules vary by employer and jurisdiction.