Hourly to Salary Calculator
Updated · By the CalculatorDash editorial team · How we check our maths
Quick answer
Multiply your hourly wage by hours per week and by paid weeks per year. At $25 an hour, 40 hours a week for 52 weeks, that is $52,000 a year, about $4,333 a month or $1,000 a week before tax.
How this calculator works
Converting an hourly rate to a salary is straightforward multiplication, but the inputs matter. Unpaid holidays, part-time weeks and overtime can move the annual figure by thousands. This calculator lets you set each of them so the result matches your actual situation.
Figures are gross pay before income tax, social security or provident fund contributions and other deductions.
When comparing an hourly job with a salaried one, remember the extras that do not show up in the rate. Salaried roles often include paid leave, health insurance, retirement contributions or a provident fund, and bonuses. Hourly roles may pay overtime that salaried roles do not. A fair comparison puts a value on each of these, which is why two offers with the same annual figure can be worth very different amounts.
The formula
- Weekly pay
- wage × hours + wage × overtime multiplier × overtime hours
- Annual salary
- weekly pay × paid weeks
Worked example
At $22.50 an hour, 37.5 hours a week plus 3 hours of overtime at time and a half, weekly pay is $945. Over 52 weeks that is $49,140 a year.
Tips
- 01The quick estimate: double the hourly rate and add three zeros ($30/hour ≈ $60,000 a year for full-time work).
- 02When comparing a job offer with freelancing, use the freelance hourly rate calculator; freelancers cannot bill every hour.
Frequently asked questions
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 tax.
How many work hours are in a year?
A full-time 40-hour week over 52 weeks is 2,080 hours. Many people use 2,000 to allow for unpaid time off.
Does this include tax?
No. Results are gross pay. Take-home pay depends on your tax bracket and deductions.
How do I convert an annual salary back to an hourly rate?
Divide the salary by the hours you work in a year. A $60,000 salary at 40 hours a week for 52 weeks is about $28.85 an hour.
How is overtime calculated?
Overtime hours are paid at your hourly wage times the multiplier, commonly 1.5×, in addition to regular hours.