Hourly to Salary Calculator
Convert between hourly wages and annual salaries with comprehensive pay period breakdowns, overtime adjustments, and paid time off.
How to Convert Hourly Wage to Annual Salary
Calculating annual earnings from an hourly wage is simple using the standard full-time employment benchmark of 2,080 working hours per year (40 hours per week across 52 weeks):
For deeper analysis and related planning, you can also explore our Take-Home Pay Calculator and Time Card Calculator.
Hourly Wage = Annual Salary ÷ (Hours Per Week × 52 Weeks)
Standard Pay Periods Explained
- Bi-Weekly (Every 2 Weeks): You receive 26 paychecks per year. In two months of every calendar year, you receive three paychecks rather than two.
- Semi-Monthly (Twice a Month): You receive 24 paychecks per year, typically on the 15th and the final day of the month. Each paycheck is slightly larger than a bi-weekly paycheck because there are fewer pay periods.
- Monthly: You receive 12 paychecks per year (Annual Salary ÷ 12).
Impact of Unpaid Time Off
If your employment does not offer paid time off (PTO) or paid holidays, your actual annual earnings will be lower than the unadjusted full-time figure. For example, taking 2 weeks of unpaid vacation reduces your annual working weeks from 52 down to 50 (2,000 annual working hours).
Frequently Asked Questions
How do you calculate annual salary from an hourly wage?
Multiply your hourly wage by the hours worked per week (standard 40) and then by 52 weeks per year. For example, $25/hr × 40 hrs × 52 weeks = $52,000 per year.
What is the difference between bi-weekly and semi-monthly pay?
Bi-weekly pay occurs every two weeks (26 paychecks per year). Semi-monthly pay occurs twice per month on set dates, such as the 1st and 15th (24 paychecks per year).
How many working hours are in a standard year?
A standard full-time work year consists of 2,080 working hours (40 hours/week × 52 weeks = 2,080 hours).
Does this calculation include taxes?
No, this calculator determines gross income before federal, state, and local payroll taxes (FICA). To estimate your exact net take-home paycheck after deductions, use our Take-Home Pay Calculator.
How much is $20 an hour annually?
At standard full-time employment (40 hours per week, 52 weeks per year), $20 per hour equals $800 per week, $1,600 bi-weekly, $3,466.67 per month, and $41,600 per year before taxes.
How much is a $60,000 salary per hour?
A $60,000 annual salary based on 2,080 annual working hours equals $28.85 per hour ($1,153.85 per week or $2,307.69 bi-weekly).