Hourly to Salary Calculator

Know what your time is really worth

Convert an hourly wage into yearly, monthly, weekly and daily pay, or work backwards from a salary to an hourly rate, using your real hours and weeks worked.

Whether you're comparing a job offer, quoting freelance work or budgeting, converting between an hourly rate and an annual salary makes numbers comparable. Enter your hourly pay along with the hours you work each week and the weeks you work each year, and the calculator shows the equivalent yearly, monthly, weekly and daily earnings instantly.

Features

Hourly → salary and salary → hourly
Yearly, monthly, weekly, daily & hourly figures
Overtime hours & multiplier support
Paid-time-off adjusts working weeks
Take-home estimate after tax + 6 currencies

How to use Hourly to Salary Calculator

1
Pick a direction
Choose hourly → salary or salary → hourly.
2
Enter your rate
Type the hourly wage or the annual salary.
3
Set your schedule
Enter hours per week and weeks worked per year.
4
Compare the results
See yearly, monthly, weekly, daily and hourly figures.

Common use cases

Compare a job offer's salary to your current hourly rate
Set a freelance or contract hourly rate
Budget monthly income from an hourly wage
Check the hourly value of overtime

Detailed guide

Works both ways

Switch to salary-to-hourly mode to find the true hourly value of a fixed salary, handy for deciding whether overtime, a raise or a contract rate is worth it. Reduce the weeks-per-year figure to account for unpaid holidays. All values are gross (before tax); combine with a tax calculator for take-home pay.

The formula and the assumptions

Annual salary is the hourly rate multiplied by hours per week multiplied by paid weeks per year. The common shortcut is 40 hours × 52 weeks = 2,080 hours, so $25 an hour is about $52,000 a year, and a quick estimate is to double the hourly rate and add three zeros. If you take unpaid time off, reduce the weeks: 48 paid weeks at 40 hours is 1,920 hours. Going the other way, divide the salary by 2,080 to get an hourly equivalent, which helps compare a salaried offer with hourly or contract work.

Comparing employee and contractor pay

An hourly rate as a contractor isn't directly comparable to the same rate as an employee. Contractors usually pay their own payroll taxes (in the US, self-employment tax adds about 7.65% that an employer would otherwise cover), and they don't get paid holidays, sick leave, health insurance or retirement contributions. They also have unbilled hours for admin and finding work. A common rule of thumb is that a contract rate needs to be 1.25 to 1.5 times the employee hourly rate to end up with similar total pay. Check your local tax rules for exact figures.

Frequently asked questions

How do I convert hourly wage to annual salary?

Multiply your hourly rate by hours worked per week and weeks worked per year. This tool does it instantly and also shows monthly, weekly and daily pay.

How many work hours are in a year?

A standard full-time schedule of 40 hours/week over 52 weeks is 2,080 hours. Reduce the weeks if you take unpaid time off.

Are the results before or after tax?

They're gross (pre-tax) figures. Use a tax or paycheck calculator to estimate take-home pay after deductions.

Can it convert salary back to an hourly rate?

Yes: switch to salary → hourly mode and enter your annual salary to see the equivalent hourly rate.

How do I convert an hourly wage to an annual salary?

Annual = hourly x hours per week x 52. At $20/hour and 40 hours that is 20 x 40 x 52 = $41,600 per year. Enter your rate and hours to see weekly, monthly and yearly pay.

How much is $20 an hour annually?

About $41,600 per year at 40 hours a week ($20 x 40 x 52). Part-time or overtime changes this, so enter your actual weekly hours for a precise figure.

Can I convert a salary back to an hourly rate?

Yes. Divide the annual salary by (hours per week x 52). A $52,000 salary at 40 hours is $25/hour. Switch to salary-to-hourly mode to compute it.

Know what your time is really worth

Features

How to use Hourly to Salary Calculator

Pick a direction

Enter your rate

Set your schedule

Compare the results

Common use cases