Hourly to Salary Calculator

What This Calculator Shows You

Enter your hourly rate, the hours you work per week, and the number of weeks you work in a year. The calculator gives you your earnings in four time frames at once — daily, weekly, monthly, and annual — so you can see the full picture without doing the maths yourself.

This is the reverse of the Salary Per Hour tool. That one starts with a monthly salary and finds your hourly rate. This one starts with an hourly rate and tells you what it adds up to over time.

Worked Example

The monthly figure uses 52 ÷ 12 = 4.33 weeks rather than a round four, because that's the actual average. A calendar year has 52 weeks, not 48.

Comparing Hourly Work to a Salaried Offer

This tool is most useful when you're weighing an hourly contract against a salaried job offer — or the other way around. Employers often quote annual figures; gig workers and contractors usually think in hourly terms. Converting to the same unit makes comparison much clearer.

One thing to watch: a salaried role often comes with benefits that have real value beyond the headline figure. Before deciding a salaried offer is "better" because the annual number is higher, account for what you'd gain or lose in:

• Paid leave — Salaried roles typically include annual leave and sick days. Hourly workers often don't get paid for time off.
• Employer pension contributions — Usually 10–12% of basic salary on top of your payslip figure.
• Health cover — Employer-sponsored health insurance can be worth a meaningful sum per year.
• Income predictability — A fixed salary provides stability that a variable hourly contract does not.

Adjusting for Unpaid Time or Gaps Between Contracts

If you take unpaid leave, have quiet periods between contracts, or work seasonally, the default 52-week year will overstate your annual income. Adjust the weeks-per-year input to reflect only the weeks you actually expect to earn.

For example, a contractor who typically works 46 weeks out of 52 should enter 46 rather than 52. At $25/hr and 40 hours/week, that's $46,000 per year rather than $52,000 — a difference worth knowing before you set your rates or budget.

Finding the Hourly Rate You Need to Hit an Income Target

You can use this tool in reverse to find the hourly rate required to reach a specific annual income. Divide your target annual earnings by your total yearly hours:

Required Rate = Target Annual Income ÷ (Hours/Week × Weeks/Year)

For example, to earn $60,000 per year working 40 hours/week for 50 weeks: $60,000 ÷ (40 × 50) = $30/hr. Enter $30/hr into this calculator to confirm it lands at $60,000 annually under those conditions.

Common Mistakes to Avoid

• Leaving weeks per year at 52 when you don't actually work all year — Contractors, seasonal workers, and anyone who takes unpaid leave should lower this figure, or the annual projection will be too optimistic.
• Confusing this with the Salary Per Hour calculator — This tool goes from hourly rate to salary. If you already know your monthly salary and want the hourly equivalent, use the Salary Per Hour calculator instead — running the wrong direction gives a meaningless number.
• Treating the annual figure as take-home pay — This is gross income before tax, deductions, and benefits contributions. Don't budget against it as if it were your net pay.
• Assuming monthly pay is exactly 4× weekly pay — Because a year has 52 weeks, not 48, the correct monthly average uses 52 ÷ 12 ≈ 4.33 weeks. Using a flat ×4 understates true monthly income.
• Forgetting variable earnings — Overtime, bonuses, tips, and commissions are not included in this calculation. Add them separately if they're a meaningful part of your income.

Frequently Asked Questions