Hourly to Salary Converter
Calculate your annual, monthly, weekly, and daily salary based on your hourly wage
Your Salary Results
Annual Salary
Monthly Salary
Weekly Salary
Daily Salary (8hr)
Understanding Your Salary Conversion
Converting your hourly wage to an annual salary helps you understand your full earning potential and compare job offers more effectively. This calculation is essential for financial planning, budgeting, and negotiating salaries.
The formula used in this calculator:
Annual Salary = Hourly Wage × Hours per Week × Weeks per Year
Example calculation:
If you earn $25 per hour and work 40 hours per week for 52 weeks:
$25 × 40 hours × 52 weeks = $52,000 per year
Monthly salary is calculated by dividing the annual salary by 12 months. Weekly salary is simply hourly wage multiplied by hours per week. Daily salary assumes an 8-hour workday.
Important considerations:
- This calculator shows gross salary before taxes and deductions
- Actual take-home pay will be lower after deductions
- Overtime, bonuses, and benefits are not included
- For exact figures, consult with a financial professional
Frequently Asked Questions
How do I calculate my annual salary from hourly wage?
Multiply your hourly wage by the number of hours you work per week, then multiply that result by 52 (weeks in a year). For example: $20/hour × 40 hours/week × 52 weeks = $41,600/year.
Should I use 52 weeks or account for vacation time?
This depends on your employment situation. If you receive paid vacation, use 52 weeks. If you have unpaid time off, subtract those weeks. The default is 52 weeks for full-time positions with paid vacation.
How does overtime affect salary calculations?
Overtime pay is typically 1.5 times your regular hourly rate for hours beyond 40 per week. This calculator doesn't include overtime since it varies significantly between jobs and weeks.
What's the difference between gross and net salary?
Gross salary is your total earnings before taxes and deductions. Net salary (take-home pay) is what you receive after deductions. This calculator shows gross salary only.
How accurate is this calculator?
This calculator provides an accurate estimate of your gross earnings based on the inputs you provide. For a detailed breakdown including taxes and deductions, consult a payroll specialist or tax professional.