Hourly to Salary Converter

How to Convert Hourly Pay to Annual Salary

To convert an hourly wage to an annual salary, multiply the hourly rate by the number of hours worked per week, then multiply by the number of weeks worked per year. The standard full-time assumption is 40 hours per week for 52 weeks, giving 2,080 work hours per year. For example, a $25/hour wage equals $52,000 annually ($25 x 40 x 52).

How to Convert Salary to Hourly Rate

To find your hourly rate from an annual salary, divide the salary by the total hours worked per year. With a standard 2,080-hour work year, a $60,000 salary equals approximately $28.85 per hour ($60,000 / 2,080). You can adjust the hours per week and weeks per year to match your actual work schedule.

Why This Calculator Is Useful

Comparing job offers is easier when you can see both hourly and salaried positions in the same terms. This tool also helps freelancers set their hourly rates based on a target annual income, and lets part-time workers understand their earnings across different time periods.

Frequently Asked Questions

What is the standard number of work hours per year?

The standard full-time work year in the US is 2,080 hours (40 hours per week x 52 weeks). However, if you take unpaid time off, you can adjust the weeks per year accordingly -- for example, 50 weeks gives 2,000 hours.

Does this include overtime?

This calculator uses a flat hourly rate without overtime calculations. Under the Fair Labor Standards Act (FLSA), non-exempt employees are entitled to 1.5x their regular rate for hours worked over 40 per week, which would increase the annual equivalent.