Salary by Hours Calculator – Hourly to Annual
Convert hourly wage to annual salary with full breakdowns
Table of Contents
How to Use
- Enter your hourly rate
- Specify hours you work per week
- Enter weeks you work per year
- Click calculate to see your salary breakdown
Hourly vs Salary: Understanding the Difference
Hourly employees are paid based on the number of hours worked, while salaried employees receive a fixed annual amount regardless of hours. Understanding how to convert between them helps you compare job offers and understand your true compensation.
How to Calculate Annual Salary from Hourly Rate
| Calculation | Formula | Example ($25/hour) |
|---|---|---|
| Annual Salary | Hourly × Hours/Week × Weeks/Year | $25 × 40 × 52 = $52,000 |
| Monthly Salary | Annual ÷ 12 | $52,000 ÷ 12 = $4,333 |
| Weekly Pay | Hourly × Hours/Week | $25 × 40 = $1,000 |
| Daily Pay | Weekly ÷ 5 | $1,000 ÷ 5 = $200 |
Common Work Schedules
- Full-time: 40 hours/week, 52 weeks/year = 2,080 hours
- Part-time: 20-30 hours/week varies
- With 2 weeks vacation: 40 hours × 50 weeks = 2,000 hours
- With 4 weeks vacation: 40 hours × 48 weeks = 1,920 hours
Factors That Affect Your Take-Home Pay
- Federal and state income taxes
- Social Security and Medicare (FICA)
- Health insurance premiums
- Retirement contributions (401k, IRA)
- Overtime pay (typically 1.5x after 40 hours)
- Bonuses and commissions
Frequently Asked Questions
- How many hours is full-time per year?
- A standard full-time schedule is 40 hours per week for 52 weeks, totaling 2,080 hours per year. With 2 weeks of vacation, it's 2,000 hours.
- Does this calculator account for taxes?
- No, this shows gross pay before taxes and deductions. Your actual take-home pay will be lower after federal, state, and local taxes, plus any benefits deductions.
- How do I convert salary to hourly rate?
- Divide your annual salary by the number of hours you work per year. For example, $52,000 ÷ 2,080 hours = $25 per hour.
- Should I include overtime in my calculations?
- For base salary comparison, use regular hours only. Overtime pay varies and is typically 1.5x your regular rate for hours over 40 per week.