Hourly Wage to Salary Converter
Convert any hourly pay rate to an equivalent annual, monthly, weekly, and daily salary. Customize hours per day and days per week for part-time or non-standard schedules.
How to use this tool
- Enter hourly pay rate, hours worked per day, days worked per week and weeks worked per year in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your annual salary and the full breakdown beneath it.
⚠ This tool provides general estimates for education only and is not financial, tax or legal advice. Figures may not reflect your situation — verify with a qualified professional.
Formula
Daily Salary = Hourly Rate × Hours per Day
Weekly Salary = Daily Salary × Days per Week
Annual Salary = Weekly Salary × Weeks per Year
Monthly Salary = Annual Salary ÷ 12
How it works
This converter calculates gross (pre-tax) salary equivalents at daily, weekly, monthly, and annual intervals by multiplying the hourly rate through the schedule inputs. It supports non-standard schedules such as part-time work, compressed workweeks, or contracts that run for fewer than 52 weeks per year.
Worked example
$20/hr, 8 Hours/Day, 5 Days/Week, 52 Weeks/Year
- Daily salary = $20 × 8 hours = $160
- Weekly salary = $160 × 5 days = $800
- Annual salary = $800 × 52 weeks = $41,600
- Monthly salary = $41,600 / 12 = $3,466.67
Annual gross salary is $41,600, with a monthly equivalent of $3,466.67.
Common mistakes to avoid
- Using a fixed 52-week, 40-hour assumption for a part-time or non-standard schedule without adjusting the inputs, which overstates annual salary for employees who work fewer days or hours per week.
- Treating the annual figure as take-home pay: the calculator outputs gross salary, and income taxes, Social Security, Medicare, and benefit deductions will reduce actual net income substantially.
- Ignoring the effect of paid time off on the effective hourly rate: if your annual salary includes paid vacation, your effective hourly rate is higher than it appears, since you earn salary for hours not worked.
Key terms
- What is the difference between hourly and salaried pay?
- Hourly workers are paid for each hour worked and often qualify for overtime pay. Salaried employees receive a fixed annual amount regardless of exact hours worked and may be exempt from overtime under the FLSA.
- Does this include overtime?
- No. This calculator is for regular straight-time hours. For overtime calculations, use the Hourly to Salary with Overtime calculator.
- Why might my actual salary differ?
- Actual annual earnings may differ due to bonuses, paid holidays counted differently, or variable schedules. This calculator provides a consistent baseline gross figure.
- What is gross versus net pay?
- Gross pay is your total earnings before any deductions. Net (take-home) pay is what remains after federal and state taxes, Social Security, Medicare, and any other withholdings.
Frequently asked questions
- What is the standard full-time annual basis used by employers?
- Most US employers use 2,080 hours per year (52 weeks x 40 hours) as the standard basis for converting hourly wages to annual salaries, or for allocating salaried payroll to hourly rates for benefit calculations.
- How do I compare a salaried offer to my current hourly rate?
- Divide the offered annual salary by the expected total hours you will actually work (including any required overtime). Compare this to your current hourly rate. If the salaried role requires 50 hours per week, divide by 2,600 hours, not 2,080, to get a fair comparison.
- Does a higher hourly rate always mean higher annual income?
- Not necessarily. Annual income also depends on hours worked per week and weeks worked per year. A worker earning $30/hour for 30 hours/week earns less annually than one earning $25/hour for 45 hours/week. Always multiply rate by total hours to compare.