How to use the hourly to salary calculator
- Choose the direction: hourly to salary, or salary to hourly.
- Enter your hourly rate (or annual salary), plus your regular hours per week.
- Set the number of paid weeks. Use 52 if vacation and holidays are paid; if you take two weeks of unpaid time off, use 50.
- Add any regular weekly overtime. It's paid at 1.5 times the hourly rate, the standard rate for non-exempt US employees under federal law.
Comparing job offers: an hourly job with regular overtime can out-earn a higher-looking salary that expects the same hours without extra pay. Enter both offers with realistic hours to compare them fairly, and remember that benefits such as health insurance, retirement matching and paid time off add real value on top of the gross figure.
How it's calculated
Annual pay = weekly pay × paid weeks
Monthly = annual ÷ 12 · Biweekly = annual ÷ 26
Hourly (from salary) = salary ÷ (hours per week × weeks)
A handy shortcut: at 40 hours a week and 52 weeks a year there are 2,080 working hours, so the annual salary is roughly the hourly rate × 2,000, and the hourly rate is about half the salary in thousands ($50,000 ≈ $25/hour).
All figures are gross pay before federal, state and payroll taxes, retirement contributions and insurance. Take-home pay will be lower.
Worked example
Hourly to salary: $25 an hour, 40 hours a week, 52 weeks:
- Annual: 25 × 40 × 52 = $52,000
- Monthly: 52,000 ÷ 12 = $4,333.33
- Biweekly: 52,000 ÷ 26 = $2,000
Adding 5 hours of overtime a week brings in 5 × 25 × 1.5 × 52 = $9,750 more, for a total of $61,750.
Salary to hourly: a $65,000 offer at 40 hours × 52 weeks is 65,000 ÷ 2,080 = $31.25 per hour.
FAQ
How much is $20 an hour per year?
At 40 hours a week for 52 weeks, $20 an hour is $41,600 a year before taxes, or about $3,467 a month.
How many working hours are in a year?
A full-time schedule of 40 hours a week for 52 weeks is 2,080 hours. Subtract unpaid time off to get your own figure.
Why is biweekly pay not the same as twice-monthly pay?
Biweekly means every two weeks, which gives 26 paychecks a year. Twice-monthly (semi-monthly) gives 24, so each semi-monthly check is a bit larger.
Does this include taxes?
No. The calculator shows gross pay. Taxes and deductions depend on your location, filing status and benefits, so your take-home pay will be lower.