Hourly to Salary Calculator
Convert your hourly wage to annual, monthly, and weekly salary.
How do you convert hourly wage to annual salary?
Multiply your hourly rate by hours worked per week, then multiply by 52 weeks. Formula: Annual Salary = Hourly Rate x Hours per Week x 52. For example, $25/hour x 40 hours x 52 weeks = $52,000 per year.
Does hourly or salary pay more?
It depends on the job and hours worked. Hourly workers get overtime pay (1.5x for hours over 40/week) and can work extra hours for more money. Salaried employees have predictable income and often better benefits, but may work more than 40 hours without extra pay.
What is a good hourly wage?
In the US (2024), median hourly wage is around $23-28/hour. $15-20/hour is entry-level, $25-40/hour is skilled/experienced, and $50+/hour is highly specialized or professional. Cost of living varies significantly by location.
How many work hours are in a year?
Standard full-time is 2,080 hours per year (40 hours/week x 52 weeks). However, accounting for 2 weeks vacation and holidays, actual working hours are closer to 2,000 hours per year.