Hourly Wage Calculator

Calculate your salary across different time periods from hourly wage or annual salary

Calculate Your Wages

Calculation Method

Hourly Wage

$/hr

Your hourly rate of pay

Hours per Week

Standard full-time is 40 hours/week

Salary for Different Time Frames

Per Second

$0.01

Per Minute

$0.42

Hourly Wage

$25.00

Daily Wage

$200.00

(Based on 5-day work week)

Weekly Wage

$1,000.00

Biweekly Wage

$2,000.00

Monthly Wage

$4,333.33

Annual Salary

$52,000

Formula used:

Annual Salary = Hourly Wage × Hours per Week × 52

Monthly Wage = (Weekly Wage × 52) ÷ 12

Weekly Wage = Hourly Wage × Hours per Week

Income Analysis

💰 At $25.00/hour working 40 hours/week, you earn $52,000 annually

📅 You work approximately 2,080 hours per year

📊 Your monthly income is $4,333.33, or $1,000.00 per week

⏰ Every minute of work earns you $0.42

Example Calculations

Example 1: Calculate Annual Salary from Hourly Wage

Given: Hourly wage = $21/hour, Hours per week = 40

Calculation: Annual Salary = $21 × 40 × 52

Result: Annual Salary = $43,680 per year

Example 2: Calculate Hourly Wage from Annual Salary

Given: Annual Salary = $60,320, Hours per week = 40

Calculation: Hourly Wage = $60,320 ÷ (40 × 52)

Result: Hourly Wage = $29.00 per hour

Example 3: Part-Time Position

Given: Hourly wage = $18/hour, Hours per week = 25

Calculation: Annual Salary = $18 × 25 × 52

Result: Annual Salary = $23,400 per year

Monthly Income: $23,400 ÷ 12 = $1,950/month

Common Hourly Wages

(Based on 40 hours/week)

$15.00/hr$31,200/yr

$20.00/hr$41,600/yr

$25.00/hr$52,000/yr

$30.00/hr$62,400/yr

$35.00/hr$72,800/yr

$40.00/hr$83,200/yr

$50.00/hr$104,000/yr

Key Insights

✓

Full-time typically means 40 hours per week, 52 weeks per year

✓

Hourly workers often get overtime pay for hours over 40/week

✓

Benefits and taxes are not included in these calculations

✓

Part-time positions typically offer fewer than 35 hours/week

✓

Consider PTO and holidays when calculating actual earnings

Standard Work Hours

Full-Time

40 hours/week

Part-Time

20-35 hours/week

Overtime

Over 40 hours/week (usually 1.5x pay)

Understanding Hourly Wage vs. Salary

What is a Wage?

A wage is compensation based on an hourly rate. The total amount you earn varies with the number of hours worked, including overtime. Wages are commonly associated with part-time or hourly jobs.

Benefits of Hourly Wages

•Overtime pay for extra hours (typically 1.5x base rate)
•Flexibility in work schedule
•Direct compensation for all time worked
•Better work-life balance potential

What is a Salary?

A salary is a fixed amount paid regularly (monthly or biweekly), regardless of hours worked. Salaried positions are often full-time with fixed schedules. Overtime compensation depends on company policies.

Benefits of Salaried Positions

•Predictable, consistent income
•Often includes better benefits packages
•Paid time off and holidays
•Career advancement opportunities

How to Calculate Your Hourly Wage

To convert between hourly wage and annual salary, use these formulas:

From Hourly to Annual:

Annual Salary = Hourly Wage × Hours per Week × 52 weeks

Example: $25/hour × 40 hours/week × 52 weeks = $52,000/year

From Annual to Hourly:

Hourly Wage = Annual Salary ÷ (Hours per Week × 52 weeks)

Example: $60,000/year ÷ (40 hours/week × 52 weeks) = $28.85/hour

Important Considerations

⚠️ Taxes

These calculations show gross pay before taxes and deductions. Your take-home pay will be lower after federal, state, and local taxes, plus FICA (Social Security and Medicare).

💼 Benefits

Consider the value of benefits like health insurance, retirement contributions, paid time off, and other perks when comparing job offers.

📅 Work Year

Standard calculations assume 52 weeks of work per year. Subtract unpaid vacation or time off for a more accurate estimate of actual earnings.

⏰ Overtime

If you regularly work overtime, your actual annual income will be higher. Overtime is typically paid at 1.5x your regular hourly rate for hours over 40/week.