Hourly to Salary Calculator

What is hourly to salary calculator?

This calculator converts an hourly wage into pay for other time periods. It helps when you compare a job paid by the hour with a salaried offer, or when you plan a budget around a monthly income.

Adjust the weeks per year if you take unpaid time off, and the hours per week if you work part time or overtime.

How to use the hourly to salary calculator

1. Enter your hourly rate.
2. Set hours per week and weeks worked per year.
3. Read your annual, monthly, weekly and daily gross pay.

How the hourly to salary calculator works

Annual pay equals hourly rate times hours per week times weeks per year. Monthly pay is annual pay divided by 12. Weekly pay is rate times hours per week. Daily pay assumes five days a week.

Worked example

Common uses of the hourly to salary calculator

• Comparing an hourly job offer with a salaried one.
• Budgeting a monthly income from variable hourly work.
• Checking what a raise means over a full year.
• Negotiating a freelance rate that matches a target salary.
• Planning part time work around a yearly income goal.

Tips and common mistakes

The figures are gross, before tax and deductions. Use a take home pay calculator for your net income.

If you have 2 weeks unpaid leave, enter 50 weeks to see a more realistic annual total.

Background: what to know before you rely on it

A full time year is often counted as 2,080 hours, from 40 hours for 52 weeks. This ignores paid holidays and sick days, which vary by employer. If you take unpaid time off, or work part time, set the weeks and hours to match your real schedule. Freelancers need to charge more than an employee hourly rate to cover taxes, benefits, unpaid time and business costs, often by 30 to 50 percent. When comparing job offers, look at the full package, including health cover, retirement contributions, paid leave and commuting cost, not just the pay.

Private, free and fast

This tool runs entirely in your browser. What you type or choose is not uploaded to a server and is not saved after you close the page, which keeps it fast and private. It is free to use as often as you like. See more in all finance calculators, or browse the full list of tools.

Related tools

Results are for information and education. For legal, financial, medical or security decisions, check with a qualified professional. Estimates only. Confirm with your lender or accountant.