How to use this hourly to salary calculator
- Hourly wage: your gross rate per hour.
- Hours per week and days per week: your normal schedule.
- Paid weeks per year: 52 if you're paid every week of the year, including paid vacation. Lower it for unpaid time off or seasonal work.
- Paid days off: paid vacation days and paid holidays.
The results show your annual salary and your pay for every period. You'll also see what your paid time off is worth in dollars and your pay per hour actually worked.
How the conversion works
Worked example
If the same job gave no paid time off and you took three weeks off unpaid, you'd enter 49 paid weeks and your yearly pay would fall to $49,000. That's why paid time off is worth counting when you compare jobs.
Common hourly wages as annual salaries
Based on 40 hours a week for 52 weeks (2,080 paid hours):
| Hourly wage | Annual salary |
|---|---|
| $15 | $31,200 |
| $20 | $41,600 |
| $25 | $52,000 |
| $30 | $62,400 |
| $40 | $83,200 |
Part-time, seasonal and variable hours
The calculator works for any regular schedule. For a part-time job of 30 hours a week paid for 50 weeks at $20 an hour, the salary is $20 × 30 × 50 = $30,000 a year. If your hours vary week to week, use your average weekly hours over the last few months for a realistic estimate, and recheck when your schedule changes.
Working backwards from a salary goal
You can also use the conversion in reverse to set a target. If you want to earn $60,000 a year working 40 hours a week for 52 weeks, you need about $28.85 an hour ($60,000 ÷ 2,080). If you plan to work 30 hours a week instead, the same goal needs about $38.46 an hour ($60,000 ÷ 1,560). Try a few hourly rates in the calculator until the annual figure matches your goal, or use the salary to hourly calculator to get the exact rate in one step.
Comparing an hourly job with a salaried offer
When an offer is quoted as a salary, convert your current hourly pay to a yearly figure with the same schedule, then look beyond the headline number:
- Overtime. Hourly employees are often eligible for overtime pay; many salaried roles are not.
- Paid time off. More paid days off raise the value of each working hour.
- Benefits. Health insurance, retirement matching and other benefits can be worth a significant amount on top of pay.
- Hours. A salary that expects longer weeks may pay less per hour than it first appears. Our salary to hourly calculator shows the real rate.
What this calculator doesn't include
All amounts are gross pay before income tax, payroll taxes and deductions. The calculator doesn't add overtime, tips, shift differentials, bonuses or benefits, and it assumes the same hours every week. Your employer's pay schedule (weekly, bi-weekly or semi-monthly) changes the size of each paycheck but not your yearly total.