⏰ Hourly to Salary Calculator
Convert your hourly rate into an annual, monthly, or weekly salary. Calculate your total earnings including overtime for US, UK, Canada & Australia.
| Frequency | Regular Pay | Overtime Pay | Total Pay |
|---|
How to Calculate Salary from an Hourly Wage?
Calculating your yearly salary from your hourly rate allows you to easily compare hourly contracts, freelance work, and full-time salaried job offers. A full-time employee typically works 2,080 hours per year (40 hours per week × 52 weeks).
Annual Salary = Hourly Wage × Hours Worked Per Week × Weeks Worked Per Year
For example, if you earn $25.00 per hour and work a standard full-time schedule (40 hours/week, 52 weeks/year):
$25.00 × 40 × 52 = $1,000/week × 52 weeks = $52,000 per year
Hourly Wage to Salary Quick Reference Table (40 Hrs/Week)
Use this handy cheat sheet to see how much common hourly rates translate to weekly, monthly, and yearly incomes:
| Hourly Rate | Weekly (40h) | Monthly | Annual Salary (52 wks) |
|---|---|---|---|
| $15.00/hr | $600.00 | $2,600.00 | $31,200.00 |
| $18.00/hr | $720.00 | $3,120.00 | $37,440.00 |
| $20.00/hr | $800.00 | $3,466.67 | $41,600.00 |
| $25.00/hr | $1,000.00 | $4,333.33 | $52,000.00 |
| $30.00/hr | $1,200.00 | $5,200.00 | $62,400.00 |
| $35.00/hr | $1,400.00 | $6,066.67 | $72,800.00 |
| $40.00/hr | $1,600.00 | $6,933.33 | $83,200.00 |
| $50.00/hr | $2,000.00 | $8,666.67 | $104,000.00 |
| $75.00/hr | $3,000.00 | $13,000.00 | $156,000.00 |
| $100.00/hr | $4,000.00 | $17,333.33 | $208,000.00 |
How Overtime Affects Your Annual Salary
Under the Fair Labor Standards Act (FLSA) in the United States, non-exempt employees must receive overtime pay for hours worked over 40 in a workweek at a rate not less than time and one-half (1.5x) their regular rate of pay.
For instance, if your base pay is $20/hr and you work 5 hours of overtime every week:
- Regular Pay: 40 hrs × $20 = $800/week ($41,600/year)
- Overtime Pay: 5 hrs × $30 (1.5x) = $150/week ($7,800/year)
- Total Annual Earnings: $41,600 + $7,800 = $49,400 per year
Hourly vs. Salaried Employment: Pros & Cons
When considering switching between hourly wages and an annual salary, consider these factors:
- Hourly Advantages: You get paid for every minute you work, and eligible overtime hours earn 1.5x to 2x your baseline wage.
- Salaried Advantages: Steady, predictable income every pay period, guaranteed pay during slower work periods, and often better benefits (health insurance, 401k match, paid holidays).
Frequently Asked Questions
Working full-time (40 hours per week for 52 weeks), $20 an hour equals $41,600 per year before taxes. This equals about $3,467 per month or $800 per week.
$30 an hour is equal to $62,400 per year for a standard 40-hour work week. This translates to $5,200 per month, $2,400 bi-weekly, or $1,200 each week.
Bi-weekly means you get paid every two weeks (resulting in 26 paychecks a year, meaning two months will have 3 paychecks). Semi-monthly means you get paid twice per month (such as on the 1st and 15th), resulting in exactly 24 paychecks per year.
There are typically 260 working weekdays (52 weeks × 5 days) in a standard calendar year, totaling 2,080 working hours. Leap years may contain 261 or 262 weekdays.
Yes! At 40 hours per week over 52 weeks, earning $50 an hour yields an annual salary of $104,000, placing you in the six-figure earner bracket.