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Hourly to Salary Converter
Convert an hourly wage to annual, monthly, weekly and daily salary — or enter a salary and see the hourly rate. Includes overtime and works in 7 currencies.
How it works
Annual salary = hourly rate × hours per week × 52, plus overtime (overtime hours × rate × multiplier × 52). Monthly is annual ÷ 12, weekly is annual ÷ 52, and daily is annual ÷ 260 (5 working days). Everything updates live as you type.
FAQs
How do I convert an hourly wage to annual salary?
Multiply the hourly rate by hours worked per week, then by 52 weeks. For example, $25/hour at 40 hours per week is $52,000 per year.
Does it include overtime pay?
Yes — add overtime hours per week and the overtime multiplier (typically 1.5x) to see the real take-home equivalent.
Can I convert salary back to hourly?
Enter your hourly rate in the first field and the converter shows every equivalent. To go backwards: hourly = annual salary ÷ 52 ÷ hours per week.
Is this salary converter free?
Yes, 100% free with no signup. All math runs in your browser.
How do I compare a $25/hr job with a $55,000 salary offer?
Convert both to the same unit: $25 × 2080 = $52,000 base, so the salary wins on paper. Then adjust for reality — hourly roles often pay overtime while salaried ones don't, and benefits/PTO differ. The effective hourly rate over actual hours worked is the fair comparison.
Should I divide by 2080 or fewer hours?
2080 assumes 40 hours across 52 fully paid weeks. With two unpaid weeks off, use 2000; with regular overtime, divide by your actual annual hours instead. Match the divisor to your real schedule or the comparison skews.
Does a higher hourly rate always beat a salaried offer?
Not always — salaried roles bundle paid leave, health insurance, and stability that hourly gigs may lack. Those benefits are typically worth 20–30% of compensation, so price them in before comparing raw numbers.
Hourly-to-salary math, including overtime
The base conversion is one multiplication: annual salary = hourly rate × hours per week × 52. The reverse: hourly = annual salary ÷ 2080 (40 hours × 52 weeks). Reality adds two adjustments: overtime (usually paid at 1.5×) and unpaid time off, which shrink the "52 paid weeks" assumption.
With overtime: annual = (regular hours × rate + OT hours × rate × 1.5) × 52. The effective hourly rate — the number that actually compares two jobs — is total annual compensation ÷ total hours actually worked, including unpaid overtime that salaried roles often hide.
Worked example: $25/hr × 40 hrs × 52 = $52,000/year. Add 5 overtime hours weekly at 1.5× ($37.50): (40 × 25 + 5 × 37.50) × 52 = (1000 + 187.50) × 52 = $61,750. The reverse check: 61750 ÷ 2080 = $29.69/hr nominal — but over the true 45 × 52 = 2340 hours worked, the effective rate is 61750 ÷ 2340 = $26.39/hr. That gap is why nominal conversions mislead.
Practical tips: use 2000 hours (50 weeks) instead of 2080 if you take two unpaid weeks off; when comparing offers, price in benefits and PTO — they're typically worth 20–30% on top of base pay. Limitation: the math covers gross pay only — taxes, benefits, bonuses, and commissions all shift take-home reality.
The contractor's real math — utilization and burden: freelancers can't use 2080 hours; client work competes with admin, marketing, and gaps. At 50% utilization (960 billable hours/year), a $95/hr freelancer grosses ~$91,200 — equivalent to a ~$70k salary once you price in unpaid benefits, employer payroll taxes, and PTO (the burden rate, typically 1.25–1.4× base salary). That's why the rule of thumb says: divide your target salary by 1,000–1,200 (not 2,080) for your freelance hourly rate — $70,000 ÷ 1000 = $70/hr minimum. Salaried workers have a mirror calculation: your true hourly wage = salary ÷ (actual hours including unpaid overtime). A $60k salary at 50 hrs/week = $23.08/hr, not the $28.85 the offer letter implies — always compute with hours you actually work before comparing offers.