Convert your hourly wage to annual, monthly, weekly, and daily salary. See comprehensive breakdowns and plan your budget effectively.
No calculations yet
Every 2 weeks (26 paychecks/year)
Twice per month (24 paychecks/year)
Once per month (12 paychecks/year)
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 full-time job (40 hours/week, 52 weeks/year), the formula is: Hourly Rate × 40 × 52. For example, $25/hour × 40 × 52 = $52,000 per year.
A standard full-time job assumes 40 hours per week and 52 weeks per year, totaling 2,080 hours annually. However, if you account for 2 weeks of unpaid vacation, you might work 50 weeks, resulting in 2,000 hours per year. Part-time positions typically range from 20-35 hours per week.
Use 52 weeks if you receive paid time off (PTO), as you are compensated for all 52 weeks of the year. Use 50 weeks if you take 2 weeks of unpaid vacation. Most salaried positions include PTO, so 52 weeks is standard. For hourly workers without PTO, adjust weeks based on actual time worked.
Overtime is typically paid at 1.5 times your regular hourly rate (time-and-a-half) for hours worked beyond 40 per week. Some employers pay double-time (2× your rate) for holidays, weekends, or hours beyond a certain threshold. For example, if you earn $20/hour, overtime would be $30/hour and double-time would be $40/hour.
Bi-weekly pay occurs every two weeks (26 pay periods per year), meaning some months have 3 paychecks. Semi-monthly pay occurs twice per month (24 pay periods per year), typically on the 15th and last day. Bi-weekly results in slightly larger annual income since there are 26 periods instead of 24.
This calculator shows gross income before taxes and deductions. Your actual take-home pay will be lower after federal taxes, state taxes, Social Security (6.2%), Medicare (1.45%), and any other deductions like health insurance or retirement contributions. Expect 20-35% to be deducted for taxes depending on your situation.
Enter your actual hours per week in the calculator. For example, if you work 25 hours per week at $18/hour for 52 weeks, your annual salary would be $23,400 ($18 × 25 × 52). You can also adjust weeks per year if you work seasonally or take extended unpaid time off.
Calculate your average hours per week over a typical month or year. For example, if you work 35 hours one week, 40 the next, and 45 the following week, your average is 40 hours per week. Use this average in the calculator for a more accurate annual estimate. For highly variable schedules, track hours for 3 months and calculate the average.
"As a freelancer, I needed to understand my true annual earnings from my hourly rate. This calculator made it so easy to see my monthly and yearly income. The overtime calculator helps me price rush projects accurately!"
"Perfect for comparing job offers with different pay structures. I could see exactly how a $22/hour position compared to a $45,000 salary. The breakdown by week and month helped me budget better. Highly recommend!"
"Working part-time with variable hours, this tool helps me project my annual income accurately. The ability to adjust weeks per year is essential for accounting for my unpaid time off. Great for financial planning!"
Dive deeper with our expert guides and tutorials related to Hourly To Salary Calculator