Hourly to Salary Calculator
Small Business & PayrollChoose a direction, enter your hourly wage or your annual salary, and set how many hours a week and how many paid weeks a year you work. You get the yearly, monthly, semimonthly, biweekly and weekly amounts before taxes.
Step by step
20 × 40 × 52 = 41,600
- Paid hours per year: 40 × 52 = 2,080 hours.
- Annual pay: 2,080 × $20.00 = $41,600.00.
- Spread over the year: $3,466.67 a month, $1,733.33 twice a month, $1,600.00 every two weeks. One full week: $800.00.
Once every entry is valid, you’ll see each step of the calculation here.
Formula
- hourly wage
- your pay per hour before taxes
- hours per week
- the hours you are paid for in a normal week
- weeks per year
- paid weeks per year, 52 with paid time off
- annual salary
- gross pay for the year
How it works
A full-time schedule of 40 hours a week for 52 weeks is 2,080 paid hours a year. Multiply your hourly wage by your paid hours to get your annual pay: $20 an hour × 2,080 = $41,600 a year. For the other direction, divide the salary by the hours: $50,000 / 2,080 = $24.04 an hour. A quick rule of thumb follows from this: double the hourly wage and add three zeros ($20 an hour is roughly $40,000 a year), which runs about 4% low for a 40-hour week.
From the annual figure the calculator spreads your pay over the common US pay schedules: monthly (12 paychecks), semimonthly (24 paychecks, usually on the 15th and the last day of the month) and biweekly (26 paychecks, every other Friday, for example). The weekly figure is what one full work week pays: hourly wage × hours per week. All paycheck figures are averages over the year. A month holds about 4.33 weeks (52 / 12), so with full pay all year the monthly figure is more than four full weeks. With unpaid weeks the biweekly figure comes out lower than two full weeks, while the monthly figure only drops below four full weeks when fewer than 48 weeks are paid (at 50 weeks, $25 an hour and 40 hours it is $4,166.67 against $4,000 for four full weeks).
Every amount is gross pay, before federal and state income tax, Social Security, Medicare and deductions such as health insurance or 401(k) contributions. Overtime is not included; if you regularly work more than 40 hours, the overtime calculator adds time and a half for those hours. To total hours from your clock-in and clock-out times, use the time card calculator.
The formula
With 52 paid weeks, a year has 26 biweekly pay periods, so a biweekly paycheck equals exactly two weeks of pay. A month, however, is about 4.33 weeks long (52 / 12), which is why a monthly salary is not simply four weekly paychecks: $800 a week is $3,466.67 a month, not $3,200.
Paid weeks matter for hourly workers. If you take two weeks of unpaid time off, use 50 weeks: $25 an hour × 40 × 50 = $50,000 instead of $52,000. Salaried employees are usually paid for vacation and holidays, so 52 weeks is the right number for them.
Example
$80,000 a year is how much an hour?
- Full time: 40 hours × 52 weeks = 2,080 hours.
- $80,000 / 2,080 hours = $38.46 an hour.
- Per paycheck: $3,076.92 every two weeks or $6,666.67 a month, before taxes.
A salary of $80,000.00 at 40 hours/week and 52 weeks/year works out to $38.46 an hour before taxes, or $1,538.46 for a full work week.
Load this example into the calculatorFrequently asked questions
How much is $20 an hour a year?
At 40 hours a week for 52 weeks, $20 an hour is $41,600 a year before taxes. That is $3,466.67 a month, $1,600 every two weeks or $800 a week. With two unpaid weeks (50 weeks) it is $40,000.
How much an hour is $50,000 or $60,000 a year?
Divide by 2,080 hours for a full-time year. $50,000 is $24.04 an hour, $60,000 is $28.85, $65,000 is $31.25 and $45,000 is $21.63. If you work 37.5 hours a week, divide by 1,950 hours instead, which gives a higher hourly rate.
Why 2,080 hours in a work year?
It is 40 hours a week times 52 weeks. Employers and payroll systems use it as the standard full-time year. A calendar year has 52 weeks and one or two extra days, so some years have 2,088 working hours, but 2,080 is the usual convention.
What is the difference between biweekly and semimonthly pay?
Biweekly means every two weeks, 26 paychecks a year, so twice a year there is a month with three paychecks. Semimonthly means twice a month on fixed dates, 24 paychecks. On a $52,000 salary a biweekly check is $2,000 and a semimonthly check is $2,166.67.
Does this include taxes?
No. All amounts are gross pay. Your take-home pay is lower after federal income tax, Social Security (6.2%), Medicare (1.45%), any state and local income tax and deductions such as health insurance or retirement contributions.
Should I count paid vacation and holidays?
If you are paid for them, yes: keep 52 weeks. Only reduce the weeks for time off without pay. For hourly jobs without paid time off, 50 weeks is a realistic figure that allows for two weeks of holidays and vacation.
- 29 U.S. Code § 206: Minimum wage (Legal Information Institute, Cornell Law School)
- 29 CFR § 778.113: Salaried employees, general (converting a salary to an hourly rate) (Legal Information Institute, Cornell Law School)