Finance
Hourly to Salary Calculator
Convert hourly wage to annual, monthly, weekly, and daily pay. Adjust hours per week and weeks per year.
Your hourly rate
Annual salary (pre-tax)
$41,600
Monthly
$3,467
Bi-weekly
$1,600
Weekly
$800
Daily (5d week)
$160
Hourly
$20.00
Frequently Asked Questions about the Hourly to Salary Calculator
How do you convert hourly pay to annual salary?
Multiply your hourly rate by hours per week, then by weeks per year. The US full-time default is 40 hours x 52 weeks = 2,080 hours, so $25/hr works out to $52,000 gross per year. The calculator also shows daily (weekly / 5), weekly, biweekly, and monthly figures in one pass.
Can you give a few quick examples?
At 40 hours per week and 52 weeks: $15/hr = $31,200/yr, $20/hr = $41,600/yr, $30/hr = $62,400/yr, $50/hr = $104,000/yr. At 32 hours per week those annual figures drop by 20%, because the calculator scales linearly with hours worked.
Does the result account for paid time off?
It depends on how you set weeks per year. Leave it at 52 and the annual total includes every week, whether you work or not, matching how a salaried employee's PTO is already built into their pay. If you are hourly and go unpaid for two weeks of vacation, set weeks per year to 50 to get your actual earned income.
Is the annual number before or after tax?
It is gross pay, before any taxes. A typical US take-home runs 70-78% of gross after federal income tax, Social Security (6.2%), Medicare (1.45%), and state income tax. For an after-tax estimate, run the gross result through a paycheck or tax calculator.
What is a common conversion pitfall?
Freelancers and 1099 contractors often compare their rate directly to an employee's rate, but employees receive payroll tax contributions, benefits, and paid leave that add roughly 25-40% on top of wages. To replace $30/hr employee comp as a freelancer, you generally need to charge $38-$42/hr or more just to break even.