Hourly to Salary Calculator
Convert your hourly wage into an annual salary based on your work schedule. Factor in overtime, benefits, and more.
Our free hourly to salary calculator helps you convert your hourly wage to annual salary. This hourly wage to salary calculator calculates your yearly income based on your hourly rate, hours worked per week, and weeks worked per year. Use this hourly to annual salary calculator to understand your total annual compensation and compare hourly vs. salaried positions.
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year
Monthly Salary = Annual Salary ÷ 12
Weekly Salary = Hourly Rate × Hours per Week
Daily Salary = Weekly Salary ÷ 5
This formula calculates your gross annual salary before taxes and deductions.
If you earn $25/hour working 40 hours/week for 52 weeks:
Annual: $25 × 40 × 52 = $52,000.00
Monthly: $52,000 ÷ 12 = $4,333.33
Weekly: $25 × 40 = $1,000.00
Daily: $1,000 ÷ 5 = $200.00
How to Convert Hourly Wage to Annual Salary
The simplest formula to convert hourly pay to a yearly salary is:Hourly Rate × Hours per Week × 52 Weeks
For a standard full-time job (40 hours/week), you can simply multiply your hourly rate by 2,080 (40 hours × 52 weeks).
Hidden Factors: What Changes Your Actual Income?
- 1Unpaid Time Off: If you don't get paid vacation days, every day you miss reduces your annual income. Taking 2 weeks (10 days) off unpaid reduces your 2,080 annual hours to 2,000.
- 2Overtime Pay: Federal law requires time-and-a-half pay for hours over 40 in a workweek. Regular overtime can significantly boost your effective annual salary.
- 3Leap Years & Calendar Quirks: A standard year has 260 workdays (52 weeks × 5 days). However, some years have 261 or 262 workdays depending on the calendar, which can mean an extra day's pay.
Frequently Asked Questions
Is the 2,080 work hour rule accurate?
It's the standard for full-time salaried employees. However, the exact number of work hours in a year varies slightly. Most government agencies and payroll systems use 2,087 hours as the divisor for hourly calculations to account for leap years over time.
How do I calculate monthly income from hourly wage?
Multiply your hourly wage by 173.33 (which is 2,080 hours ÷ 12 months). For example, $20/hour × 173.33 ≈ $3,466 per month gross income.
Does salary include taxes?
No, the result shown here is your Gross Annual Income. To see what you actually take home after taxes, use our Take-Home Pay Calculator.