How to convert hourly pay to salary
To estimate annual salary, multiply your hourly rate by your weekly hours and the number of weeks you work in a year. This gives you gross annual pay before taxes and other deductions.
Salary calculator
Enter your hourly rate, hours per week, and weeks per year to estimate your gross annual pay and see the same income by month, week, and day.
Annual
$62,400
Monthly
$5,200
Weekly
$1,200
Daily
$240
Your numbers
Standard assumption: 40 hours × 52 weeks
Estimated annual salary
$62,400
before taxes and deductions
Monthly
$5,200
Bi-weekly
$2,400
Weekly
$1,200
Daily
$240
Hourly
$30
The formula
Multiply your hourly rate by the hours you work each week, then multiply by the number of weeks you work each year.
Annual salary formula
Hourly Rate × Hours/Week
× Weeks/Year = Annual Salary
Worked example
For a full-time schedule of 40 hours per week and 52 weeks per year, a $30 hourly wage works out to the following gross pay.
Annual
$62,400
Monthly
$5,200
Bi-weekly
$2,400
Weekly
$1,200
What to know
To estimate annual salary, multiply your hourly rate by your weekly hours and the number of weeks you work in a year. This gives you gross annual pay before taxes and other deductions.
Most salary calculators use 40 hours per week and 52 weeks per year. That equals 2,080 work hours annually, but your result can be more accurate when you enter your real schedule.
Adjust the inputs for part-time work, seasonal jobs, unpaid time off, or a schedule that changes throughout the year. Even a small change can meaningfully affect annual pay.
Gross pay is not the same as take-home pay. Taxes, benefits, retirement contributions, and other deductions vary by person, employer, and state.
Do not confuse bi-weekly with semi-monthly pay, forget unpaid vacation, or compare a salary offer to an hourly rate without checking the expected schedule and benefits.
Use annualized pay as a starting point, then consider overtime rules, paid time off, bonuses, health insurance, and retirement contributions before making a decision.
FAQ
Multiply your hourly rate by the number of hours you work per week, then multiply by the number of weeks you work per year. The standard full-time assumption is 40 hours per week and 52 weeks per year.
Keep exploring
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