Wage Annualizer
Convert an hourly wage to an annual salary. Set your hours per week and weeks worked per year to see your true earnings.
How to use this tool
- Enter your hourly rate.
- Set hours worked per week.
- Set weeks worked per year (52 minus vacation weeks).
- See annual, monthly, and weekly gross figures.
Convert your hourly rate to an annual salary and see monthly and weekly equivalents.
Formula
Weekly gross = hourly_rate × hours_per_week
Annual salary = weekly_gross × weeks_worked_per_year
Monthly gross = annual_salary ÷ 12
How it works
This calculator scales an hourly wage up to weekly, annual, and monthly gross earnings by multiplying through hours worked per week and weeks worked per year. Allowing the user to set weeks per year (e.g. 50 instead of 52) naturally accounts for unpaid leave, public holidays, or part-year employment. All figures are pre-tax gross amounts; net take-home pay will be lower after income tax and other statutory deductions.
Worked example
Worked example
- Hourly rate = $25, Hours per week = 40, Weeks per year = 50
- Weekly gross = $25 × 40 = $1,000
- Annual salary = $1,000 × 50 = $50,000
- Monthly gross = $50,000 ÷ 12 ≈ $4,166.67
Annual salary: $50,000 | Monthly gross: $4,166.67 | Weekly gross: $1,000
Key terms
- Hourly wage
- Compensation paid to an employee for each hour worked, as opposed to a fixed annual or monthly salary.
- Annualised salary
- The equivalent yearly earnings derived from an hourly or periodic rate, based on a specified number of working hours and weeks.
- Gross income
- Total earnings before any deductions, including income tax, social security contributions, or pension payments.
- Full-time equivalent (FTE)
- A standard measure of employment hours, typically 40 hours per week for 52 weeks; used as a baseline when comparing part-time and full-time compensation.
- Weeks worked per year
- The number of weeks in a year during which an employee actually works, accounting for paid or unpaid leave; commonly 48–52 weeks depending on the employment arrangement.
Frequently asked questions
- How do I convert hourly wage to annual salary?
- Multiply your hourly rate by hours per week to get weekly pay, then multiply by weeks worked per year. For $25/h × 40 h × 50 weeks = $50,000/year.
- What is the standard full-time schedule?
- Full-time is typically 40 hours per week. The US standard is 2,080 hours per year (40 × 52 weeks) before accounting for paid leave.