Annual Salary per Hour Calculator
Convert between hourly wage and annual salary - bidirectional calculator
Calculation Mode
Enter Hourly Wage
Full-time is typically 40 hours
Your hourly rate
📊 Wage Breakdown
Hourly Wage
per hour
Annual Salary
per year
📅 Working Hours
💰 All Wage Periods
Example Conversions
Hourly → Annual
$20/hour × 40 hrs/week × 52 weeks
= $41,600/year
Annual → Hourly
$62,400/year ÷ 2,080 hours
= $30/hour
Quick Conversions
Based on 40 hours/week, 52 weeks/year
💡 Calculation Tips
Standard full-time = 2,080 hours/year
Account for unpaid vacation time
Consider benefits in total compensation
Use this for job offer comparisons
Pay Period Info
Understanding Salary Conversions
Hourly to Annual Conversion
To calculate your annual salary from your hourly wage, multiply your hourly rate by the number of hours you work per week, then multiply by 52 (weeks in a year).
Annual Salary = Hourly × Hours/Week × 52
Example: $30/hr × 40 hrs × 52 = $62,400/year
Annual to Hourly Conversion
To calculate your hourly wage from your annual salary, divide your annual salary by the product of hours per week and 52 weeks.
Hourly = Annual ÷ (Hours/Week × 52)
Example: $62,400/year ÷ 2,080 hrs = $30/hr
Why Calculate Hourly Salary?
Converting between hourly and annual salary is crucial for comparing job offers and understanding the true value of your time. Different employers present compensation in different ways, and standardizing to an hourly rate helps you make apples-to-apples comparisons.
Job Comparisons
Compare offers with different pay structures on equal footing
Time Value
Understand the financial return for each hour worked
Budget Planning
Plan your finances based on different pay periods
🎯 Important Considerations
Beyond Base Salary:
- • Health insurance benefits
- • Retirement contributions (401k match)
- • Paid time off (PTO)
- • Bonuses and commissions
- • Stock options or equity
Work Schedule Factors:
- • Paid vs unpaid vacation
- • Overtime opportunities
- • Flexible hours
- • Work-life balance
- • Remote work options
Frequently Asked Questions
What is the annual salary of $20 per hour?
$41,600 per year. An hourly rate of $20 equals an annual salary of $41,600, assuming a full-time schedule of 40 hours per week and 52 working weeks in a year. Calculation: $20/hr × 40 hrs/week × 52 weeks = $41,600/year.
How do I calculate yearly income from hourly?
Multiply your hourly rate by the number of hours you work per week, then multiply by 52 (the number of weeks in a year). Formula: Annual = Hourly × Hours/Week × 52. For example, $30/hr × 40 hrs/week × 52 weeks = $62,400/year.
How do I convert yearly to hourly salary?
Divide your annual salary by the total number of working hours in a year. For a full-time employee working 40 hours per week, that's 2,080 hours per year (40 × 52). Formula:Hourly = Annual ÷ 2,080. For example, $62,400/year ÷ 2,080 hrs = $30/hr.
Should I account for unpaid vacation time?
Yes, if you have unpaid vacation, reduce the number of working weeks accordingly. For example, if you take 2 weeks of unpaid vacation, use 50 weeks instead of 52 in your calculation. For salaried positions with paid vacation, use the full 52 weeks.
What's the difference between semi-monthly and biweekly pay?
Semi-monthly means you're paid twice a month (24 paychecks per year), typically on the 15th and last day of each month. Biweekly means you're paid every two weeks (26 paychecks per year). While the annual salary is the same, individual paycheck amounts differ slightly.
Why is calculating hourly salary important?
Calculating hourly salary helps you compare job offers fairly, understand the value of your time, and make informed career decisions. Since employers present compensation differently (hourly, annual, monthly), converting to a standard format helps you evaluate options accurately and consider the full compensation package including benefits.