Hourly to Salary Calculator
Convert your hourly rate to an annual salary instantly. Calculate your yearly income, monthly pay, weekly pay, and daily rate based on your work schedule.
Need the reverse? Convert annual salary to hourly rate with our Salary to Hourly Calculator
How to Convert Hourly Rate to Annual Salary
The Formula
To convert your hourly rate to an annual salary, use this formula:
Annual Salary = Hourly Rate × Weekly Hours × Weeks Per Year
Example Calculation
If you earn $25.00 per hour and work 40 hours per week for 52 weeks:
- Total hours per year: 40 × 52 = 2,080 hours
- Annual salary: $25.00 × 2,080 = $52,000 per year
- Daily rate: $25.00 × 8 = $200.00 per day
- Weekly pay: $25.00 × 40 = $1,000.00 per week
- Monthly pay: $52,000 ÷ 12 = $4,333.33 per month
Important Considerations
- Overtime: This calculator uses your base hourly rate. If you regularly work overtime, your actual annual income may be higher.
- Paid Time Off: If you receive paid vacation, sick days, or holidays, these are typically included in your annual salary calculation.
- Benefits: Your annual salary doesn't include the value of benefits like health insurance, retirement contributions, or bonuses.
- Taxes: These calculations show gross pay before taxes and deductions.
- Irregular Hours: For variable schedules, use your average weekly hours over the year.
Disclaimer: This calculator provides estimates only and should not be considered legal or financial advice. Actual pay rates, work schedules, and compensation structures vary by employer, industry, and location. Always consult with your HR department or a financial professional for specific guidance on your situation.
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