Salary Converter
Hourly ↔ annual conversion
About This Calculator
Salary conversion lets you compare compensation across different pay frequencies — hourly, daily, weekly, monthly, or annual. This is essential when comparing job offers, negotiating raises, understanding contract rates, or budgeting household income from irregular work schedules.
Formula
Annual = Hourly × Hours/week × 52
Monthly = Annual / 12
Hourly = Annual / (52 × Hours/week)
Daily = Hourly × Hours/day
Example Calculation
Convert $25/hour (40 hr/week) to annual and monthly salary
- Annual = $25 × 40 × 52 = $52,000
- Monthly = $52,000 / 12 = $4,333.33
- Daily = $25 × 8 = $200
Annual: $52,000; Monthly: $4,333; Daily: $200
Hourly to Annual Salary (40 hr/week)
| Hourly | Annual | Monthly | Biweekly |
|---|---|---|---|
| $15 | $31,200 | $2,600 | $1,200 |
| $20 | $41,600 | $3,467 | $1,600 |
| $25 | $52,000 | $4,333 | $2,000 |
| $30 | $62,400 | $5,200 | $2,400 |
| $40 | $83,200 | $6,933 | $3,200 |
| $50 | $104,000 | $8,667 | $4,000 |
Frequently Asked Questions
How many working hours are in a year?
For a standard full-time job (40 hrs/week): 40 × 52 = 2,080 hours per year. Some calculations use 2,087 hours to account for the exact number of weekdays. Most quick estimates use 2,000 hours for simplicity.
How do I compare a salary offer to my current hourly rate?
Divide the annual salary by 2,080 (or 2,000 for quick mental math). A $60,000 salary = $60,000 / 2,080 ≈ $28.85/hour. Remember that salaried positions may include benefits that add 20-30% to effective compensation.
What is gross vs net salary?
Gross salary is your pay before taxes and deductions. Net salary (take-home pay) is what remains after federal and state income tax, Social Security, Medicare, and any pre-tax deductions (401k, health insurance). Net is typically 65-80% of gross.
What is the difference between salary and wages?
Salary is a fixed annual amount paid regardless of hours worked. Wages are paid per hour actually worked, so they vary. Salaried employees are typically exempt from overtime; hourly workers generally receive 1.5x pay for hours over 40/week.