How to use the hourly to salary calculator
- Choose a direction. Hourly → salary turns a pay rate into yearly, monthly, biweekly, weekly and daily pay. Salary → hourly does the reverse; pick whether your amount is per year, month, two weeks, week or day.
- Set your schedule. 40 hours a week and 52 paid weeks a year is standard full time. Use your real hours for part-time or 4×10 schedules, and lower the weeks if some time off is unpaid.
- Add paid days off (optional). Count paid vacation, holidays and sick days to see your effective rate for the hours you actually work.
How the conversion works
- Weekly pay = hourly rate × hours per week
- Annual salary = weekly pay × paid weeks per year
- Monthly pay = annual salary ÷ 12
- Biweekly pay = weekly pay × 2
- Daily pay = weekly pay ÷ days per week
- Hourly rate = annual salary ÷ (hours per week × paid weeks per year)
A full-time year is 40 × 52 = 2,080 hours. A quick mental shortcut is to double the hourly rate and add “000”: $25 an hour is roughly $50,000 a year. The exact answer is a little higher—$52,000—because a year has 2,080 working hours rather than 2,000.
Hourly to salary chart (40 hours, 52 weeks)
| Hourly | Weekly | Monthly | Annual |
|---|---|---|---|
| $15 | $600 | $2,600.00 | $31,200 |
| $18 | $720 | $3,120.00 | $37,440 |
| $20 | $800 | $3,466.67 | $41,600 |
| $22 | $880 | $3,813.33 | $45,760 |
| $25 | $1,000 | $4,333.33 | $52,000 |
| $30 | $1,200 | $5,200.00 | $62,400 |
| $35 | $1,400 | $6,066.67 | $72,800 |
| $40 | $1,600 | $6,933.33 | $83,200 |
| $50 | $2,000 | $8,666.67 | $104,000 |
Paid time off and your effective hourly rate
Salaried employees are paid the same whether they are at work or on paid leave, so paid time off does not change annual salary. It does mean fewer hours worked for the same money. On a $52,000 salary with 10 vacation days and 10 holidays, you are paid for 2,080 hours but work 1,920, which raises your effective rate from $25.00 to about $27.08 an hour. This is useful when comparing an hourly job without benefits to a salaried one with them.
Part-time and non-standard schedules
Not everyone works 40 hours across five days. A part-time job of 25 hours a week at $18/hour for 50 weeks pays $22,500 a year. A 4×10 schedule is still 40 hours a week, but set days per week to 4 so the daily figure reflects a 10-hour day. Nurses on three 12-hour shifts work 36 hours a week, so $40/hour comes to $1,440 a week and $74,880 over 52 weeks. Contractors and freelancers who take unpaid weeks off should lower paid weeks per year—48 is a common planning figure—and remember that self-employment taxes and benefits come out of their own pocket, so a contract rate usually needs to be noticeably higher than an employee's hourly wage to match the same salary.
Overtime and real-world pay
These figures assume the same hours every week and no overtime. If you are hourly and work more than 40 hours, use the overtime calculator to add time-and-a-half pay, or total your actual punches with the time card calculator.