hourly to salary calculator

Free Hourly to Salary Calculator

Enter your hourly wage and schedule details to estimate annual salary, monthly pay, and take-home pay.

Enter your values, then click Calculate Salary.

How this hourly to salary calculator works

If you're paid by the hour, it can be hard to compare your income to salaried jobs. This calculator converts hourly wages into annual salary estimates and also shows pay by month, biweekly period, and week. It includes optional overtime and unpaid time off so you get a more realistic number.

The goal is simple: help you understand what your compensation looks like over a full year so you can make better decisions about job offers, budgeting, and financial planning.

Hourly to salary formula

Base formula (no overtime)

Annual Salary = Hourly Rate × Hours per Week × Weeks Worked per Year

If you make $25/hour, work 40 hours per week, and work all 52 weeks: $25 × 40 × 52 = $52,000/year.

Formula with overtime

Many workers regularly work overtime. The calculator adds this using:

Total Weekly Pay = (Hourly Rate × Regular Hours) + (Hourly Rate × Overtime Hours × Overtime Multiplier)

Then yearly gross pay is: Total Weekly Pay × (Weeks per Year − Unpaid Weeks Off).

Why your annual salary estimate can vary

  • Unpaid leave: Time off without pay lowers yearly income.
  • Overtime consistency: Overtime may not be available every week.
  • Holiday pay rules: Some employers pay holidays differently.
  • Shift differentials: Evening/night shifts may increase hourly pay.
  • Bonuses/commissions: Not included unless you add them separately.

Example scenarios

Example 1: Standard full-time schedule

$20/hour, 40 hours/week, 52 weeks/year, no overtime: annual pay is $41,600.

Example 2: Overtime each week

$30/hour, 40 regular hours + 5 overtime hours at 1.5x, 52 weeks: weekly pay is $1,425 and annual pay is $74,100.

Example 3: Unpaid time off

$28/hour, 40 hours/week, 52 weeks, 3 unpaid weeks: worked weeks = 49, annual pay is $54,880.

Using this calculator for job offers

A smart way to compare compensation is to convert everything into annual terms first. If one role pays hourly and another pays salary, this tool helps you compare apples to apples.

  • Estimate overtime for hourly roles if it's truly consistent.
  • Subtract unpaid weeks if time off is not paid.
  • Use the after-tax estimate for rough budgeting.

Gross pay vs take-home pay

The calculator shows a rough after-tax estimate using the tax rate you enter. Keep in mind this is not exact tax advice. Your actual paycheck depends on filing status, state taxes, local taxes, deductions, retirement contributions, health insurance, and credits.

Common mistakes to avoid

  • Assuming 52 paid weeks when you usually take unpaid leave.
  • Forgetting to include overtime premiums.
  • Using gross annual pay as if it were take-home pay.
  • Ignoring differences in benefits (healthcare, retirement match, PTO).

Frequently asked questions

How many hours per year is full time?

A common standard is 2,080 hours per year (40 hours × 52 weeks). But your real total may be lower if you have unpaid time off.

Can this calculator be used for part-time jobs?

Yes. Enter your actual weekly hours and expected working weeks. The math works for part-time, seasonal, and variable schedules.

What overtime multiplier should I use?

In many places, overtime is 1.5x hourly pay. Some holidays or contracts use 2x. Use the multiplier that matches your pay policy.

Final thoughts

Knowing your annualized income gives you clarity for budgeting, negotiating raises, and planning savings goals. Use this hourly to salary calculator whenever your schedule or pay rate changes so your financial plan stays accurate.

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