Convert your hourly wage to an annual salary. Adjust hours per week and weeks per year for accurate results.
How the Hourly to Salary Conversion Works
Converting an hourly wage to an annual salary multiplies your rate by the total hours you work in a year. The default assumes 40 hours per week and 52 weeks per year (2,080 total hours).
Annual Salary = Hourly Rate x Hours per Week x Weeks per Year
Monthly = Annual / 12
Biweekly = Hourly x Hours/Week x 2
Daily = Hourly x (Hours/Week / 5)
Adjusting for Time Off
If you get unpaid time off, reduce the weeks per year. For example, 2 weeks unpaid vacation means 50 working weeks. Paid vacation does not affect your annual calculation since you are still earning.
Frequently Asked Questions
Multiply your hourly rate by the number of hours you work per week, then multiply by 52 (weeks in a year). For example, $25/hour x 40 hours x 52 weeks = $52,000/year.
Reduce the weeks per year field to match your actual working weeks. If you take 2 weeks unpaid vacation, use 50 weeks. If you have paid vacation, keep it at 52 since you're still earning.
At $30/hour working full-time (40 hrs/week, 52 weeks), you earn $62,400/year. This is above the US median household income and is considered a solid wage in most areas, though cost of living varies significantly.
For regular overtime, increase the hours per week field. Note that overtime is typically paid at 1.5x your regular rate, so use our Overtime Calculator for a more accurate breakdown.
The federal minimum wage is $7.25/hour, which equals $15,080/year at 40 hours/week. Many states and cities have higher minimum wages. Check your local rates for accuracy.
To quickly estimate annual salary from hourly pay, double the hourly rate and add three zeros. $25/hr is roughly $50,000/year. This shortcut assumes a standard 2,000-hour work year.