Using this calculator, You can find out your daily wage, weekly wage, monthly salary, and annual salary from your hourly pay rate
Salary Calculator
Convert your hourly wage to annual salary
Hourly to Salary Calculator Guide
Learn how to convert your hourly wage to an annual salary and understand your true earnings
User Guide
Our Hourly to Salary Calculator helps you understand what your hourly wage translates to in terms of annual, monthly, weekly, and daily earnings. Follow these simple steps:
1 Enter Your Hourly Rate
Input your current hourly wage or the rate you’re considering for a new position. You can use the currency buttons to select your preferred currency.
2 Specify Your Work Schedule
Enter your typical work hours per week and weeks worked per year. The standard is 40 hours per week for 52 weeks, but you can adjust these values based on your actual work schedule.
3 Calculate Your Earnings
Click the “Calculate Salary” button to see your estimated daily, weekly, monthly, and annual earnings based on your hourly rate.
Pro Tip: Remember to account for unpaid time off when calculating your annual salary. If you take 2 weeks of vacation, use 50 weeks instead of 52 in your calculation.
How the Calculator Works
The Hourly to Salary Calculator uses straightforward mathematics to convert your hourly wage into various time-based earnings. Here’s the detailed process:
Base Calculations
The calculator uses these formulas to determine your earnings:
- Daily Wage: (Hourly Rate × Hours Per Day)
- Weekly Wage: (Hourly Rate × Hours Per Week)
- Monthly Salary: (Weekly Wage × 52) ÷ 12
- Annual Salary: (Hourly Rate × Hours Per Week × Weeks Per Year)
Default Assumptions
The calculator makes these standard assumptions unless you change them:
- 8 hours per day (based on a standard workday)
- 5 days per week (Monday to Friday)
- 52 weeks per year (no unpaid time off)
Important Note: These calculations represent gross earnings before taxes, insurance, retirement contributions, or other deductions.
Calculator Result Logic with Example
Let’s walk through a practical example to understand how the calculator determines your salary from an hourly wage:
Example Scenario
Maria earns $25 per hour, works 40 hours per week, and works 50 weeks per year (taking 2 weeks of unpaid vacation).
Calculation Steps
- Weekly Wage: $25 × 40 hours = $1,000
- Annual Salary: $1,000 × 50 weeks = $50,000
- Monthly Salary: $50,000 ÷ 12 months = $4,166.67
- Daily Wage: $1,000 ÷ 5 days = $200
If Maria worked 52 weeks instead of 50, her annual salary would be $52,000 ($25 × 40 × 52). This demonstrates how unpaid time off affects your total annual earnings.
Standard Salary Conversions
This table shows common hourly to salary conversions based on a 40-hour workweek for 52 weeks:
Hourly Rate | Weekly Wage | Monthly Salary | Annual Salary |
---|---|---|---|
$10.00 | $400.00 | $1,733.33 | $20,800.00 |
$15.00 | $600.00 | $2,600.00 | $31,200.00 |
$20.00 | $800.00 | $3,466.67 | $41,600.00 |
$25.00 | $1,000.00 | $4,333.33 | $52,000.00 |
$30.00 | $1,200.00 | $5,200.00 | $62,400.00 |
$35.00 | $1,400.00 | $6,066.67 | $72,800.00 |
$40.00 | $1,600.00 | $6,933.33 | $83,200.00 |
$50.00 | $2,000.00 | $8,666.67 | $104,000.00 |
$75.00 | $3,000.00 | $13,000.00 | $156,000.00 |
$100.00 | $4,000.00 | $17,333.33 | $208,000.00 |
Frequently Asked Questions
Converting your hourly wage to an annual salary helps you understand your total compensation package, compare job offers, budget more effectively, and plan for long-term financial goals. It gives you a complete picture of your earnings beyond just your hourly rate.
Unpaid time off directly reduces your annual earnings. If you take 2 weeks of unpaid vacation in a year, you’d multiply your weekly wage by 50 instead of 52. This is why it’s important to adjust the “Weeks Per Year” value in the calculator based on your actual situation.
All calculations shown are gross earnings (before taxes and deductions). Your actual take-home pay will be lower after accounting for federal and state taxes, Social Security, Medicare, health insurance, retirement contributions, and other deductions.
Overtime pay (typically 1.5 times your regular hourly rate for hours over 40 per week) should be calculated separately and added to your base earnings. For accurate results with consistent overtime, you might calculate an “effective” hourly rate that includes your overtime earnings.
For a complete picture of your compensation, yes. However, since bonuses are often variable, it’s best to calculate your base salary separately and then add your average annual bonus to get your total compensation. Our calculator focuses on base earnings from your hourly wage.
By understanding what your current hourly rate translates to in annual terms, you can better evaluate job offers and negotiate from a position of knowledge. If offered a salaried position, you can calculate what the equivalent hourly rate would be and compare it to your current earnings or market rates.
Disclaimer: The calculators and tools provided on this website are for informational and educational purposes only. The results provided by our calculators are estimates only and should not be considered financial, tax, or legal advice. We strongly recommend consulting with a qualified professional before making any financial decisions. For detailed terms of service, visit.