How to use the hourly to salary calculator
Start with your base hourly rate and regular hours per week. Leave the weeks at 52 for a full year, or lower it for seasonal or school-year work. That alone gives you the classic hourly-to-annual figure.
The other fields make the estimate match your real year. Paid leave days keep your pay whole. Unpaid days take money out. Overtime is entered as hours per overtime week and how many weeks you expect it, so a busy season doesn't get spread across the whole year.
- Enter your gross hourly rate and regular hours per week.
- Set scheduled weeks in the year and work days per week.
- Add paid leave and holiday days, then any unpaid days off.
- If you work overtime, enter the extra hours per overtime week, the number of those weeks and the pay multiplier (1.5 is common).
- Add any bonus, the value of employer-paid benefits and, if you like, a target annual pay to see the hourly rate you'd need.
Hourly to annual salary table
Every row assumes 40 hours a week for 52 paid weeks, which is 2,080 hours a year. Figures are gross pay before tax. If you work a different schedule or take unpaid time off, the calculator will give you a closer number.
| Hourly wage | Per year | Per month | Every two weeks | Per week |
|---|---|---|---|---|
| $12 | $24,960 | $2,080.00 | $960.00 | $480.00 |
| $15 | $31,200 | $2,600.00 | $1,200.00 | $600.00 |
| $18 | $37,440 | $3,120.00 | $1,440.00 | $720.00 |
| $20 | $41,600 | $3,466.67 | $1,600.00 | $800.00 |
| $22 | $45,760 | $3,813.33 | $1,760.00 | $880.00 |
| $25 | $52,000 | $4,333.33 | $2,000.00 | $1,000.00 |
| $28 | $58,240 | $4,853.33 | $2,240.00 | $1,120.00 |
| $30 | $62,400 | $5,200.00 | $2,400.00 | $1,200.00 |
| $35 | $72,800 | $6,066.67 | $2,800.00 | $1,400.00 |
| $40 | $83,200 | $6,933.33 | $3,200.00 | $1,600.00 |
| $50 | $104,000 | $8,666.67 | $4,000.00 | $2,000.00 |
Hourly wage to salary formulas
The quick version is hourly rate x 40 x 52. The full version counts the hours you're actually paid for. Paid leave stays in, unpaid days come out, and overtime is added at its own rate for only the weeks it happens.
Quick annual pay = hourly rate x 40 x 52Paid regular hours = regular hours per week x scheduled weeks - unpaid days x (weekly hours / work days)Annual overtime pay = hourly rate x overtime multiplier x overtime hours per week x overtime weeksAnnual cash pay = hourly rate x paid regular hours + overtime pay + bonusMonthly average = annual cash pay / 12; biweekly average = annual cash pay / 26
Worked example: $25 an hour with overtime and time off
Take a $25 rate, 40 hours a week, 52 weeks and a five-day week. You get 15 paid days off and take 5 unpaid days. You work 5 overtime hours a week for 40 weeks at 1.5x, and you expect a $2,000 bonus. Your employer also puts $10,000 a year into benefits.
The unpaid days remove 40 hours, leaving 2,040 paid regular hours, or $51,000. Overtime adds 200 hours at $37.50, which is $7,500. With the bonus, annual cash is $60,500, compared with $52,000 from the quick 40 x 52 math. Counting only hours you actually work (2,120), that's about $28.54 per hour.
| Piece | Calculation | Per year |
|---|---|---|
| Regular pay | $25 x 2,040 paid hours | $51,000 |
| Overtime pay | $37.50 x 200 overtime hours | $7,500 |
| Bonus | Entered amount | $2,000 |
| Annual cash pay | $51,000 + $7,500 + $2,000 | $60,500 |
| With benefits | $60,500 + $10,000 | $70,500 |
How much is $20 an hour annually on other schedules?
The answer changes fast with hours. At 40 hours for 52 weeks, $20 an hour is $41,600. At 37.5 hours a week (1,950 hours) it's $39,000. Part-time at 30 hours a week is $31,200 a year. If your two weeks of vacation are unpaid, a 40-hour week gives you $40,000.
For a quick mental check, double the hourly rate and add three zeros. $20 becomes $40,000. That shortcut assumes 2,000 hours, so it lands about 4% below the 2,080-hour figure.
Overtime and paid time off
Overtime can add a lot to an hourly wage, but only if it's regular. Enter it as hours per overtime week and the number of those weeks. Five extra hours for 10 weeks is a very different year from five extra hours every week. The results show total overtime pay and the premium part on its own.
Under U.S. federal rules, covered nonexempt employees generally get at least 1.5 times their regular rate after 40 hours in a workweek. Federal law doesn't generally require paid vacation or holidays, so enter what your employer actually pays. Contracts and state or local rules can give you more.
When to double-check the numbers
All results are gross pay before income tax, payroll tax and deductions like health premiums or retirement contributions. Your paychecks will be smaller, and the gap depends on where you live and your withholding settings.
Pay-period amounts are averages. Real hourly paychecks move with the hours you log in each period, and a biweekly schedule sometimes has 27 pay dates in a year. The overtime multiplier is your assumption, not a ruling on whether overtime is owed. If you bill as a contractor, your rate also has to cover unpaid admin time, taxes and costs an employer would normally carry.
Sources
These government pages explain hours worked, overtime, the regular rate, worker classification and federal withholding.