MayoCalc / Finance

Hourly to Salary Calculator

Convert your hourly wage to annual salary and every pay period.

Last updated April 2026
$
hrs
weeks
hrs
Annual Salary Equivalent
$0
Monthly
$0
Biweekly
$0
Weekly
$0
Daily
$0
Disclaimer: This calculator is for general educational and informational purposes only. It does not constitute financial advice, investment advice, tax advice, or legal advice and is not a substitute for consultation with a qualified professional. No fiduciary or advisory relationship is created by your use of this tool. Results are estimates based on the inputs you provide, standard mathematical formulas, and publicly available data that may not be current and may not reflect your individual financial situation, applicable tax laws, or other relevant factors. Neither MayoCalc nor Cook Media Systems assumes any liability for losses, damages, or other consequences arising from the use of any information or results provided by this tool. Always consult a qualified financial advisor, certified public accountant, or attorney before making financial decisions. See our full Disclaimer and Terms of Service.

How to Convert Hourly to Salary

The standard conversion assumes 40 hours per week and 52 weeks per year: hourly rate x 2,080 = annual salary. For example, $25/hour x 2,080 = $52,000 per year. However, this assumes no unpaid time off. If you get 2 weeks of unpaid vacation, the effective annual income is $25 x 40 x 50 = $50,000. This calculator handles both scenarios and accounts for overtime.

Annual Salary = Hourly Rate x Hours Per Week x Weeks Per Year
$25/hour = $1,000/week = $4,333/month = $52,000/year

How to Use This Calculator

Enter your hourly rate, hours worked per week, and weeks worked per year (default 52). The calculator shows your equivalent daily, weekly, biweekly, monthly, and annual pay. You can also factor in overtime hours and rate (typically 1.5x for hours over 40). For the reverse conversion, use the Salary to Hourly Calculator.

Hourly vs. Salary: What to Consider

A $52,000 salary and $25/hour may seem equivalent, but there are important differences. Salaried workers often get benefits (health insurance, retirement match, paid time off) worth 20-30% of salary. Hourly workers get overtime pay for hours beyond 40, which salaried workers typically do not. If you regularly work 50+ hours as a salaried employee, your effective hourly rate may be lower than you think.

Hourly to Salary FAQ

Why does the calculator use 2,080 hours?
2,080 is the standard full-time work year: 40 hours per week x 52 weeks = 2,080 hours. This is the figure used by the U.S. Bureau of Labor Statistics and most HR departments. Some organizations use 2,087 hours (the average accounting for leap years), but the difference is negligible.
How do I account for taxes?
This calculator shows gross pay. To see your actual take-home pay after federal and state taxes, Social Security, and Medicare, use the Paycheck Calculator with your state selected.

Converting Between Hourly and Annual Pay

The standard conversion assumes 2,080 working hours per year (40 hours per week times 52 weeks). A $25/hour wage equals $52,000 annually before taxes. However, actual take-home depends on overtime eligibility, paid time off, and benefits. An hourly worker who clocks 45 hours per week with time-and-a-half overtime earns $27.50/hour for 5 overtime hours, adding $7,150 per year compared to a straight 40-hour week.

When comparing hourly and salaried positions, factor in the total compensation package. Salaried positions typically include benefits worth 20-40% of base salary: employer health insurance contributions ($6,000-$15,000/year), retirement matching (3-6% of salary), paid time off (2-4 weeks), disability insurance, and sometimes equity or bonuses. An hourly position paying $30/hour ($62,400) without benefits may be equivalent to a salaried position at $48,000-$52,000 with full benefits. The Salary to Hourly Calculator performs the reverse conversion, and state-specific calculations are available through the Paycheck Calculator.

Overtime rules under the Fair Labor Standards Act (FLSA) require non-exempt employees to receive 1.5x their regular rate for hours worked beyond 40 in a workweek. The 2024 salary threshold update raised the exemption floor to $43,888 annually ($844/week), meaning salaried employees earning below this threshold are entitled to overtime pay regardless of job duties. Some states set even higher thresholds: California requires $66,560 for exempt status in 2024. Understanding your exempt vs. non-exempt classification is critical because it determines whether you are legally entitled to overtime compensation for extra hours worked. The Paycheck Calculator models net pay including overtime scenarios.

Related Calculators

Salary to Hourly

Reverse conversion

Paycheck

Take-home pay

Tax Bracket

Federal rates

Converting Hourly to Annual Salary

The standard conversion assumes 2,080 work hours per year (40 hours/week x 52 weeks). But most people don't actually work every week of the year. After vacation, holidays, and sick days, a more realistic number is 1,920-2,000 hours. This calculator lets you adjust for actual working weeks so your annual estimate is more accurate.

Knowing your equivalent salary is important when comparing a salaried job offer against your current hourly position. Remember to factor in benefits: employer health insurance, 401(k) matching, and paid time off can add 20-30% on top of base salary. A $60,000 salary with full benefits may be worth more than $35/hour without them.