Salary Calculator: Hourly to Annual
Convert pay between hourly, daily, weekly, monthly and yearly.
Good to know. A full-time year is about 2,080 hours: 40 a week, 52 weeks. Holidays are another matter.
How it works
In plain words
Turn the pay into a yearly amount using your hours, days and weeks, then divide the year back down into months, weeks, days and hours.
The formula
yearly = hourly × hours per week × weeks per year monthly = yearly ÷ 12 weekly = yearly ÷ weeks hourly = yearly ÷ (hours per week × weeks)
Worked example
25 an hour at 40 hours a week for 52 weeks: 25 × 40 × 52 = 52,000.00 a year, or 4,333.33 a month.
Sources
No outside data or rates: this is plain arithmetic.
6 automated tests check its answers on every change.
About the salary calculator: hourly to annual
Job ads, contracts and payslips all quote pay differently. One offer is 25 an hour, another is 48,000 a year, and your rent is monthly. This calculator puts them on the same footing so you can compare.
A full-time year is often taken as 40 hours × 52 weeks = 2,080 hours. That assumes holidays are paid. If you are a contractor or freelancer who is not paid for holidays, sick days or quiet weeks, lower the number of weeks to what you actually expect to bill. At 46 weeks, the same hourly rate gives about 12% less per year.
A month here is exactly one twelfth of a year, which is how most employers calculate monthly salaries. That is slightly more than four weeks of pay, because a year has about 52.18 weeks, or 4.35 weeks per month.
All figures are gross, before tax, pension contributions, insurance and other deductions. What lands in your account will be lower, and by how much depends on where you live. Freelancers should also remember that an hourly rate needs to cover things an employer would otherwise pay for, such as equipment, holidays and pension.
Questions people ask
How do I convert an hourly wage to a yearly salary?
Multiply by your hours per week and weeks per year. At 40 hours and 52 weeks, multiply by 2,080. 25 an hour is 52,000 a year.
How do I convert a salary to an hourly rate?
Divide the yearly salary by hours per week × weeks per year. 52,000 ÷ 2,080 = 25 an hour.
Is a month exactly four weeks of pay?
No. A month is a twelfth of a year, about 4.33 weeks. Monthly pay is yearly pay ÷ 12.
Is this before or after tax?
Before. All amounts are gross pay.