How to use the hourly to salary calculator
- 1Choose whether you are starting from an hourly wage or a yearly salary.
- 2Enter the hourly wage or the yearly salary, before any tax or deductions.
- 3Set the hours you work in a normal week. Full-time is often 37.5 to 40 hours.
- 4Set the weeks you are paid for each year. Leave it at 52 if your time off is paid; lower it for unpaid weeks off.
- 5Read the yearly, monthly, bi-weekly, weekly and daily amounts. They update as you type.
How hourly pay becomes a salary
Multiply your hourly wage by the hours you work in a week, then by the weeks you are paid in a year. At 40 hours a week for 52 weeks that is 2,080 paid hours, so $25 an hour comes to $52,000 a year.
Salaried jobs usually pay for holidays and vacation, so 52 weeks is the right number. If you are paid by the hour and take two weeks off without pay, use 50 weeks instead: the same $25 an hour then gives $50,000.
Yearly pay = Hourly wage × Hours per week × Weeks paid per year
Turning a salary into an hourly rate
Divide the yearly salary by the total hours you are paid for. A $52,000 salary over 2,080 hours is $25 an hour.
If you often work more than your contracted hours without overtime pay, enter the hours you really work. Your effective hourly rate will be lower, which is useful to know when comparing job offers.
Hourly wage = Yearly salary ÷ (Hours per week × Weeks paid per year)
Monthly, bi-weekly, weekly and daily pay
Monthly pay is the yearly total split evenly over 12 months, so it already averages out any unpaid weeks. Weekly, bi-weekly and daily figures show what you earn in a week you work, with a day counted as one fifth of a 5-day week.
A month is not four weeks. Most months are a little over four weeks long, which is why a $1,000 weekly wage is about $4,333 a month and not $4,000. People paid bi-weekly get 26 paychecks a year, so two months each year have three paydays.
Monthly = Yearly ÷ 12 Weekly = Hourly × Hours per week Daily = Weekly ÷ 5
These figures are before tax
Everything here is gross pay. Your take-home pay will be lower after income tax, social security or National Insurance, pension or retirement contributions and any benefits deductions. How much is taken depends on where you live and your situation, so check your local rates or a payslip.
Worked example
A worker is offered $25 an hour for 40 hours a week, with paid vacation, so all 52 weeks are paid.
| Hourly wage | $25.00 |
| Paid hours per year | 2,080 |
| Yearly | $52,000.00 |
| Monthly | $4,333.33 |
| Bi-weekly | $2,000.00 |
| Weekly | $1,000.00 |
| Daily (5-day week) | $200.00 |
The job pays $52,000 a year before tax. If the two weeks of vacation were unpaid, the yearly figure would drop to $50,000 while the weekly pay stays at $1,000.