Hourly to annual salary calculator — what your hourly wage is worth per year

How to use the hourly to annual salary calculator

1. Enter your Hourly wage.
2. Enter your Hours per week. Use your usual paid hours, not overtime.
3. Enter the Weeks worked per year, up to 53. Keep 52 if your holidays are paid.
4. Choose the Currency; US dollars are the default.
5. Read Annual salary, then Monthly, Weekly, Daily (5-day week) and Hours per year.

What it does and when to use it

Job adverts quote pay in different ways. One offer says $24 an hour, another says $48,000 a year. To compare them you need the same unit. This calculator converts an hourly rate into yearly, monthly, weekly and daily figures in one step.

It also helps when hours change. Moving from full time to 30 hours a week, or taking some unpaid weeks, makes a large difference to yearly pay, and you can see it before you agree to the change. If your extra hours are paid at a higher rate, the overtime pay calculator works out a week with overtime. To see what is left after deductions, the take-home pay calculator subtracts tax and other deductions you enter, and for a planned raise the salary hike calculator shows the new figure.

How it works

The arithmetic is simple multiplication:

• Annual salary = hourly wage × hours per week × weeks per year
• Monthly = annual salary ÷ 12
• Weekly = hourly wage × hours per week
• Daily (5-day week) = weekly pay ÷ 5
• Hours per year = hours per week × weeks per year

The daily figure always assumes a five-day week, even if your hours are spread over four or six days.

Employers sometimes go the other way, from a yearly salary to an hourly rate. The US federal government, for example, divides annual basic pay by 2,087 hours, according to the Office of Personnel Management. Because 2,087 is a little more than 2,080, an hourly rate worked out that way is slightly lower than one based on 52 weeks of 40 hours.

Worked examples

These figures come from the calculator’s own function.

A full-time job at $25 an hour. Hourly wage $25, 40 hours a week, 52 weeks. The annual salary is $52,000.00, which is $4,333.33 a month, $1,000.00 a week and $200.00 a day, over 2,080 hours.

Part time with four weeks off unpaid. Hourly wage $18, 30 hours a week, 48 weeks. The annual salary is $25,920.00, or $2,160.00 a month. The weekly pay is $540.00 and the year has 1,440 paid hours.

An hourly rate in rupees. With the currency set to rupees, ₹500 an hour for 40 hours over 52 weeks gives ₹10,40,000.00 a year and ₹86,666.67 a month.

Limits and tips

• Gross only. Taxes and deductions are not taken off.
• Steady hours assumed. If your hours vary week to week, use an average or work out a range with a low and a high figure.
• Overtime and bonuses are separate. Enter only your standard hours here.
• Benefits are not counted. A salaried job may include paid leave, health cover or retirement contributions that an hourly job does not. Compare those as well as the headline pay.
• The calculation runs in your browser.