💼 Hourly to Salary Calculator
Convert your hourly wage to annual salary, monthly, weekly, and daily pay instantly.
How to Convert Hourly to Annual Salary
Converting an hourly wage to an annual salary is straightforward. The standard formula assumes a 40-hour work week and 52 weeks per year:
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year
For a typical full-time employee working 40 hours/week for 52 weeks:
- Annual: Hourly Rate × 2,080
- Monthly: Annual ÷ 12
- Weekly: Hourly Rate × Hours per Week
- Daily: Hourly Rate × Hours per Day (typically 8)
Common Hourly to Salary Conversions
| Hourly Rate | Annual (40hr/wk) | Monthly | Weekly |
|---|---|---|---|
| $12/hr | $24,960 | $2,080 | $480 |
| $15/hr | $31,200 | $2,600 | $600 |
| $20/hr | $41,600 | $3,467 | $800 |
| $25/hr | $52,000 | $4,333 | $1,000 |
| $30/hr | $62,400 | $5,200 | $1,200 |
| $40/hr | $83,200 | $6,933 | $1,600 |
| $50/hr | $104,000 | $8,667 | $2,000 |
Frequently Asked Questions
How do I convert hourly wage to annual salary?
Multiply your hourly wage × hours per week × 52 weeks. At 40 hrs/week: Annual = Hourly × 2,080. Example: $20/hr × 2,080 = $41,600/year.
How many hours a year is full-time?
A standard full-time job is 40 hours/week × 52 weeks = 2,080 hours per year. This doesn't account for paid time off or holidays.
What is $15 an hour annually?
$15/hr × 40 hrs × 52 weeks = $31,200/year gross. That's $2,600/month, $600/week, or $120/day before taxes.
Does this include overtime pay?
No — this calculator uses straight-time pay at the hours you enter. To include overtime, add overtime hours separately at 1.5× your base rate.
Are these figures before or after taxes?
All figures shown are gross (before tax) earnings. Use our Salary After Tax Calculator to estimate your take-home pay.
When to Use This Calculator
Use this when comparing a job offer with an hourly rate to your current salaried position, or when negotiating pay and you need to quickly convert between hourly, weekly, bi-weekly, and annual earnings.
Common Mistakes to Avoid
- Assuming a standard 40-hour week — if the job involves overtime, the annual salary calculation changes significantly.
- Forgetting to subtract unpaid time off — 2 weeks of unpaid vacation reduces a 52-week calculation to 50 working weeks.
- Not including benefits in total compensation — health insurance, retirement contributions, and paid time off can add 20–30% to effective total pay.