Hourly to Salary
Converter

The converter uses a straightforward formula to translate your hourly wage into equivalent salary figures across every common pay period. Start by entering your hourly rate using the slider or typing a value directly. The default range covers $7.25 (the current federal minimum wage) up to $200 per hour.

Next, set how many hours you work per week. The standard full-time schedule in the United States is 40 hours, but you can adjust this anywhere from 1 to 80 hours to reflect part-time, overtime or irregular schedules. Then choose how many weeks per year you work. The default is 52 weeks, but if you take unpaid time off, reduce this number accordingly.

The core calculation multiplies your hourly rate by hours per week and weeks per year to produce your gross annual salary. From there, the converter divides that annual figure into monthly (divided by 12), biweekly (divided by 26), weekly (divided by 52) and daily (divided by 260 working days) amounts.

Use the salary-to-hourly toggle to reverse the conversion. Enter an annual salary figure and the converter will calculate the equivalent hourly rate based on your hours and weeks settings. All results update instantly as you adjust any input.

The standard full-time work year in the United States is 2,080 hours, based on 40 hours per week for all 52 weeks. This is the benchmark most employers and payroll systems use when converting between hourly rates and annual salaries. If you receive paid vacation or holidays, your annual hours remain at 2,080 since you are compensated for that time off.

The federal minimum wage has been $7.25 per hour since July 2009. At full-time hours, that translates to $15,080 per year before taxes. However, 30 states and Washington D.C. have set higher minimum wages. States like Washington ($16.66/hr), California ($16.00/hr) and New York ($15.00-$16.00/hr depending on region) significantly exceed the federal floor.

Keep in mind that the figures shown by this converter are gross income — your pay before any deductions. Your actual take-home pay will be reduced by federal income tax, state income tax (in most states), Social Security tax (6.2% up to the wage base limit) and Medicare tax (1.45%). Employer-sponsored benefits like health insurance and 401(k) contributions also reduce your net paycheck.

Hourly workers who exceed 40 hours in a workweek are generally entitled to overtime pay at 1.5 times their regular hourly rate under the Fair Labor Standards Act (FLSA). Salaried employees may be exempt from overtime depending on their job duties and salary level. If you regularly work overtime, your effective annual earnings will be higher than the standard calculation shown here.

When comparing job offers, remember that a higher hourly rate does not always mean more money. A salaried position at a slightly lower equivalent rate may include paid vacation, health insurance, retirement matching and other benefits that add significant value beyond the base pay figure.