Hourly to Salary Calculator

How it works

Weekly = rate × hours + overtime hours × rate × OT multiplier · Annual = weekly × weeks − unpaid days off × hours per day × rate · Monthly = annual ÷ 12 · Reverse: hourly = salary ÷ (hours × weeks)

Annual pay is your hourly rate times the hours you are paid for in a year. A regular week is the rate times your weekly hours; overtime adds its hours at the rate times the overtime multiplier (1.5 for time and a half, 2 for double time). Multiplying one week by the weeks you are paid gives the yearly figure. Full-time is usually 2,080 hours, which is 40 hours across 52 weeks. Days off work in two ways. Unpaid holidays, vacation or sick days remove their hours (days × hours per day) from the year and lower your pay. Paid days off leave your pay unchanged, but you work fewer hours for it, so the calculator also shows the effective rate per hour actually worked. Monthly, semimonthly and quarterly figures are the yearly total divided by 12, 24 and 4. Weekly and biweekly figures are what one or two working weeks pay. An optional flat tax rate turns every period into an after-tax estimate. The reverse field divides a salary by your regular yearly hours to find the matching hourly rate.

Worked example

At $30 an hour for 40 hours a week, 52 weeks a year: $1,200 a week, $62,400 a year and $5,200 a month. Add 10 overtime hours a week at time and a half and each week gains 10 × $30 × 1.5 = $450, so the year comes to $85,800. With no overtime but 10 unpaid holidays and 15 unpaid vacation days, the year loses 25 × 8 = 200 hours, or $6,000, leaving $56,400. Read in reverse, a $62,400 salary over 2,080 hours is $30 an hour.

Sources: US Department of Labor — Overtime pay (FLSA)

Frequently asked questions