Hourly to Annual Salary Calculator

Convert hourly wage to annual salary. Perfect for employees, contractors, and job seekers to compare compensation packages.

Calculation assumes 40 hours per week and 52 weeks per year by default.

Hourly Wage ($)

Enter your hourly rate

Hours Per Week

Weeks Per Year

Results

Enter your hourly rate to see results

Understanding Hourly to Annual Conversion

Converting hourly wages to annual salary helps compare job offers and understand total compensation. The standard calculation assumes:

40 hours per week (full-time schedule)
52 weeks per year (no unpaid time off)

Formula: Hourly Wage × Hours Per Week × Weeks Per Year = Annual Salary

Example Calculation

For a $25/hour wage at 40 hours/week for 52 weeks:

25 × 40 × 52 = $52,000 per year

Important Considerations

Overtime pay (typically 1.5× regular rate) not included
Doesn't account for taxes, insurance, or other deductions
Actual take-home pay will be lower than gross amount shown
For contract work, consider additional expenses and benefits

Salary Breakdown Visualizer

Select Breakdown Type

Frequently Asked Questions

How does overtime affect annual salary?

Overtime hours are typically paid at 1.5 times the regular rate. This calculator doesn't include overtime, so if you regularly work overtime, your actual annual earnings will be higher.

Should I use 52 weeks or account for vacation?

If you receive paid vacation, use 52 weeks. If you have unpaid time off, reduce the number of weeks accordingly. The default assumes 52 working weeks per year.

Are bonuses and benefits included?

No, this calculation only considers base hourly wage. Bonuses, profit sharing, health insurance, and other benefits should be considered separately when comparing compensation packages.

Disclaimer: For informational and educational purposes only. Results are estimates based on provided inputs and standard assumptions. Does not constitute financial or tax advice. Actual compensation may vary based on overtime, bonuses, benefits, taxes, and other factors. Consult with a financial professional for personalized advice.

References:

Standard full-time work hour calculations
US Federal overtime regulations
Annual salary conversion formulas
Common compensation package components

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Salary Calculator - Hourly to Annual Pay

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