Hourly to Salary Calculator
Convert hourly wage to annual salary or salary to hourly rate. Calculate daily, weekly, and monthly earnings with overtime and benefits.
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Work Details
Hours beyond regular time
Typically 1.5x (time and a half)
Annual paid time off
Company holidays per year
Your Earnings
Annual Salary
$52,000.00
Monthly Gross
$4,333.33
Biweekly Gross
$2,000.00
Weekly Gross
$1,000.00
Daily Gross
$200.00
Effective Hourly Rate
$27.08
Annual Work Hours Breakdown
Summary
At $25.00/hour working 40 hours per week, your annual gross income is $52,000.00.
Your effective hourly rate (total earnings ÷ hours worked) is $27.08/hour.
Note: This calculator shows gross income before taxes, insurance, retirement contributions, and other deductions. Your actual take-home pay will be lower.
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How to Use the Hourly to Salary Calculator
Understanding your true earning potential is crucial when comparing job offers, negotiating raises, or planning your budget. Our hourly to salary calculator converts between hourly wage and annual salary while factoring in real-world variables like overtime, vacation days, holidays, and work hours per week.
To use the calculator, enter your hourly wage and select your typical work schedule (hours per week). The calculator instantly shows your daily, weekly, monthly, and annual earnings. You can customize the calculation by adjusting paid vacation days, paid holidays, and expected overtime hours. This gives you an accurate picture of your total annual compensation, not just a rough estimate.
The calculator uses the formula: Annual Salary = (Hourly Rate × Regular Hours per Week + Overtime Rate × Overtime Hours per Week) × Weeks Worked per Year. For example, $20/hour at 40 hours/week equals $41,600 annually (assuming 2,080 work hours). Add 5 hours of overtime weekly at $30/hour ($20 × 1.5), and your annual income jumps to $49,400. This 18% increase shows why overtime significantly impacts total earnings.
Use this calculator when evaluating job offers to compare hourly and salaried positions on equal footing. A $55,000 salary equals approximately $26.44/hour at standard 2,080 hours, but if that salaried job regularly requires 50-hour weeks with no overtime pay, your effective hourly rate drops to $21.15. The calculator also helps freelancers and contractors determine what hourly rate they need to achieve their target annual income.
Frequently Asked Questions
How do I convert hourly pay to annual salary?
To convert hourly wage to annual salary, multiply your hourly rate by the number of hours you work per week, then multiply by 52 weeks. For example, $25/hour × 40 hours/week × 52 weeks = $52,000 per year. However, this assumes no unpaid time off. Our calculator factors in vacation days, holidays, and overtime for a more accurate annual income calculation.
What is the standard calculation for hours per year?
The standard calculation is 2,080 hours per year (40 hours/week × 52 weeks). However, this assumes you work every single week with no vacation. A more realistic figure accounts for paid time off. With 2 weeks vacation and 10 holidays, you'd work approximately 2,000 hours annually. This is why a $25/hour wage equals $50,000-52,000 depending on your benefits.
Should I include overtime when calculating annual salary?
Yes, if you regularly work overtime, include it for an accurate annual income estimate. Overtime is typically paid at 1.5× your regular rate (time-and-a-half). For example, if you make $20/hour and work 5 overtime hours weekly, that's an extra $150/week or $7,800/year. Our calculator lets you input expected overtime hours to see your true earning potential.
How do vacation days affect my annual salary calculation?
Vacation days reduce your actual work hours per year while still paying you. If you're salaried, vacation doesn't affect your annual income. If you're hourly with paid vacation (PTO), your annual income stays the same but you work fewer hours. If vacation is unpaid, subtract those hours from your annual calculation. For example, 2 weeks unpaid vacation means 2,000 work hours instead of 2,080.
What is a good hourly wage?
As of 2026, the median hourly wage in the US is approximately $23-24/hour (roughly $48,000-50,000 annually). However, 'good' depends on your location, industry, and experience. In high cost-of-living areas, $30-40/hour may be needed for comfortable living. Entry-level positions typically range from $15-20/hour, while skilled trades and professional roles often exceed $30-50/hour.
How do I compare a salary offer to my hourly rate?
Divide the annual salary by your annual work hours to get the equivalent hourly rate. For example, a $65,000 salary ÷ 2,080 hours = $31.25/hour. But also factor in benefits: health insurance ($6,000-12,000 value), 401(k) matching (3-6% of salary), paid time off (2-4 weeks), and other perks. A $60,000 salary with full benefits may be better than $35/hour ($72,800) with no benefits.