Understanding Hourly to Annual Salary Conversion

Converting hourly wages to annual salaries helps compare job offers, budget effectively, and understand full compensation. This calculation assumes consistent weekly hours and does not account for overtime, bonuses, or unpaid leave.

Calculation Method

Annual salary = Hourly wage × Hours per week × Weeks per year. The standard full-time assumption is 40 hours/week for 52 weeks, but adjust these values for part-time roles or different work schedules.

Examples

$20/hour at 40 hours/week: $20 × 40 × 52 = $41,600/year
$30/hour at 35 hours/week: $30 × 35 × 52 = $54,600/year

Payroll Considerations

Work Schedule	Weekly Hours	Annual Weeks
Full-Time (USA)	40	52
Part-Time	Varies	48-52
Academic Year	Varies	36-40

Frequently Asked Questions

Does this include overtime pay?

No, this calculates base pay only. Overtime rates vary by jurisdiction and employer policy.

How do I account for unpaid vacation?

Reduce the "Weeks per Year" value. For example, use 50 weeks for 2 weeks of unpaid leave.

Are taxes deducted from this result?

No, this shows gross pay before taxes, insurance, or other deductions.

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