Looking for a hourly wage to annual salary calculator? This free tool gives you hourly, weekly, monthly and annual pay conversions in one click. Just enter your numbers and press Calculate — results are instant.
Pay is the same money counted in different units. Start from your hourly rate: multiply by your hours per week to get weekly pay, by 52 weeks to get the annual figure, and divide the annual figure by 12 for the monthly amount. The calculator works backwards too — enter a monthly or yearly amount and it finds the hourly rate. Set your real hours per week and weeks per year (excluding unpaid time off) to get honest numbers.
Example: $30 per hour · 40 hours per week · 52 weeks per year
Annual: $62,400.00
Lower the weeks per year. If you take two unpaid weeks, use 50 instead of 52, and the annual figure will reflect it.
No. This is gross pay — what you earn before income tax, social security and other deductions. Your take-home pay will be lower; use the income tax calculator for a rough federal estimate.
Hourly pay usually earns overtime, while a salary is fixed however many hours you work. Compare the hourly equivalent of a salary offer with the hours you will really work before deciding.