How to use this salary to hourly calculator
- Annual salary: your gross yearly pay before tax.
- Hours per week and days per week: your usual schedule (40 hours over 5 days for most full-time jobs).
- Paid weeks per year: 52 if you're paid all year, fewer if part of the year is unpaid.
- Paid days off: vacation days plus paid public holidays.
You'll see your hourly rate and your pay for every period: daily, weekly, bi-weekly, monthly and yearly. Two extra figures show what you earn per hour actually worked and what your paid time off is worth.
How the conversion works
Worked example
The difference between $28.85 and $30.00 is the value of your paid time off spread over the hours you work. More paid days off mean each working hour is worth more.
Common salaries as hourly rates
Based on 2,080 paid hours a year (40 hours × 52 weeks):
| Annual salary | Hourly rate |
|---|---|
| $40,000 | $19.23 |
| $50,000 | $24.04 |
| $60,000 | $28.85 |
| $75,000 | $36.06 |
| $100,000 | $48.08 |
Why your hourly rate matters
Thinking in hourly terms helps with several everyday decisions:
- Comparing job offers. A higher salary with longer hours can pay less per hour than a lower salary with a shorter week. Enter each offer's real schedule to compare like with like.
- Valuing your time. Knowing your hourly rate helps you decide whether to pay for a service or do something yourself.
- Freelance and side work. If you move from salaried work to contracting, your salaried hourly rate is a starting point, but contractors usually charge more to cover unpaid time off, benefits and self-employment costs.
- Long hours. If you regularly work more than your contracted hours without overtime pay, enter your real hours per week. You'll see your effective rate fall.
Paid weeks and unpaid time
Most salaried employees are paid for all 52 weeks, including vacation. If part of your year is unpaid, such as a school-year contract or unpaid leave, lower the paid weeks so the hourly rate reflects only the weeks you're paid for. Paid days off are different: you're paid for them, so they stay in the paid weeks and only reduce the hours you actually work.
What this calculator doesn't include
All figures are gross pay before income tax, payroll taxes and deductions such as health insurance or retirement contributions. The calculator doesn't add bonuses, commission, overtime or the value of benefits. Pay schedules also vary: some employers pay twice a month (24 paychecks) rather than every two weeks (26 paychecks), which changes the size of each paycheck but not the yearly total.