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MonoCalc

Hourly to Salary Calculator

Finance

Calculation Mode

Hourly Wage

Hourly Rate

Your hourly pay rate

Work Schedule

Preset

Hours per Day

Typical: 8 hours

Days per Week

Typical: 5 days

Weeks per Year

Typical: 52 weeks (or 50 with vacation)

Break Time per Day (hours)

Unpaid break time deducted from pay

Options

Currency Symbol

Rounding

Salary Breakdown

💡 Note

These calculations show gross pay before taxes, insurance, retirement contributions, or other deductions. Your actual take-home pay (net salary) will be lower.

About This Tool

💰 Hourly to Salary Calculator – Convert Hourly Wage to Annual Salary

Understanding your true earning potential is essential when evaluating job offers, planning finances, or negotiating compensation. The Hourly to Salary Calculator helps you instantly convert hourly wages into daily, weekly, monthly, and annual salary figures based on your specific work schedule.

Whether you're switching from hourly to salaried work, comparing job offers, or simply curious about your annual earnings, this free online tool provides accurate calculations with customizable work schedule parameters.

📘 How Hourly to Salary Conversion Works

Converting hourly wages to annual salary involves multiplying your hourly rate by the total number of hours you work in a year. The standard calculation assumes:

  • 8 hours per day
  • 5 days per week (40 hours total)
  • 52 weeks per year
  • Total: 2,080 working hours annually

However, your actual work schedule may differ based on part-time arrangements, shift work, or freelance schedules. Our calculator allows you to customize all these parameters for precise results.

⚙️ Calculation Formulas

The calculator uses these standard formulas to convert between time periods:

Daily Pay = Hourly Rate × Hours per DayWeekly Pay = Daily Pay × Days per WeekAnnual Salary = Weekly Pay × Weeks per YearMonthly Salary = Annual Salary ÷ 12

For example, a $25/hour wage with standard 40-hour work weeks equals $52,000 annually ($25 × 8 hours × 5 days × 52 weeks).

🔧 Key Features

  • Bidirectional Conversion: Calculate from hourly to salary or reverse (salary to hourly)
  • Work Schedule Presets: Quick options for standard office, part-time, shift work, and freelance schedules
  • Break Time Deduction: Account for unpaid lunch breaks and rest periods
  • Multiple Currencies: Support for USD, EUR, GBP, INR, and more
  • Flexible Rounding: Choose between 2 decimals, whole numbers, or no rounding
  • Copy Results: Easily copy individual values or all calculations at once
  • Real-time Updates: Instant recalculation as you adjust any parameter

💡 Practical Use Cases

  • Job Comparison: Compare hourly positions with salaried roles to make informed career decisions
  • Salary Negotiation: Understand the annual value of your hourly rate when negotiating pay
  • Budgeting: Plan monthly and annual budgets based on your expected earnings
  • Freelance Planning: Calculate projected annual income for variable freelance schedules
  • Part-time Work: Determine annual earnings for non-standard work schedules
  • Career Planning: Evaluate long-term earning potential across different employment scenarios

📊 Understanding Your Results

The calculator provides a complete salary breakdown showing:

  • Hourly Rate: Your base wage per hour worked
  • Daily Pay: Earnings for a single workday
  • Weekly Pay: Total earnings per week
  • Monthly Salary: Average monthly income (annual divided by 12)
  • Annual Salary: Total yearly gross income
  • Total Hours per Year: Total working hours annually

Each result includes the formula used, making it easy to understand how the calculations are derived and verify accuracy.

⚠️ Important Considerations

  • Gross vs. Net Pay: All calculations show gross income before taxes, insurance, retirement, and other deductions. Your actual take-home pay will be significantly lower.
  • Overtime Not Included: Standard calculations don't include overtime hours, which typically pay 1.5× your regular rate.
  • Benefits Package: Salaried positions often include health insurance, retirement contributions, and other benefits not reflected in hourly wages.
  • Paid Time Off: The default 52 weeks assumes no unpaid vacation. Adjust weeks per year (e.g., 50 weeks) if you take unpaid time off.
  • Variable Schedules: If your hours fluctuate weekly, use average hours for more accurate annual projections.

🎯 Common Scenarios

Full-Time Office Worker

$20/hour × 8 hours/day × 5 days/week × 52 weeks = $41,600/year or about $3,467/month

Part-Time 20 Hours/Week

$15/hour × 4 hours/day × 5 days/week × 52 weeks = $15,600/year or about $1,300/month

Shift Work (12-hour shifts, 4 days/week)

$18/hour × 12 hours/day × 4 days/week × 52 weeks = $44,928/year or about $3,744/month

Freelancer with Vacation (50 weeks/year)

$50/hour × 6 hours/day × 4 days/week × 50 weeks = $60,000/year or about $5,000/month

🔄 How to Use the Calculator

  1. Choose your calculation mode: Hourly → Salary or Salary → Hourly
  2. Enter your hourly wage (or annual/monthly/weekly salary for reverse calculation)
  3. Select a work schedule preset or customize hours/days/weeks manually
  4. (Optional) Add break time to deduct unpaid lunch/rest periods
  5. Choose your currency symbol and rounding preference
  6. View your complete salary breakdown with all time periods calculated
  7. Copy individual results or click "Copy All" to save all calculations

💼 Making Better Financial Decisions

Understanding the relationship between hourly wages and annual salary empowers you to make informed decisions about employment opportunities, negotiate fair compensation, and plan your financial future with confidence. Use this calculator regularly when evaluating job offers, planning career moves, or budgeting for major life decisions.

💡 Pro Tip: When comparing job offers, consider the total compensation package including benefits, paid time off, retirement matching, and work-life balance—not just the hourly or annual salary number.

Frequently Asked Questions

Is the Hourly to Salary Calculator free?

Yes, Hourly to Salary Calculator is totally free :)

Can I use the Hourly to Salary Calculator offline?

Yes, you can install the webapp as PWA.

Is it safe to use Hourly to Salary Calculator?

Yes, any data related to Hourly to Salary Calculator only stored in your browser (if storage required). You can simply clear browser cache to clear all the stored data. We do not store any data on server.

How do you convert hourly wage to annual salary?

To convert hourly wage to annual salary, multiply your hourly rate by the number of hours worked per day, then by days worked per week, and finally by weeks worked per year. For example: $25/hour × 8 hours/day × 5 days/week × 52 weeks/year = $52,000 per year.

How many hours is a standard full-time work year?

A standard full-time work year is typically 2,080 hours (40 hours per week × 52 weeks). This assumes 8 hours per day, 5 days per week, with no unpaid time off. Some calculations use 2,040 hours to account for holidays and vacation time.

Does this calculator account for taxes and deductions?

No, this calculator shows gross pay before any taxes, insurance, retirement contributions, or other deductions. Your actual take-home pay (net salary) will be lower after these deductions are applied.

Should I include overtime hours in my calculation?

For a standard salary calculation, use your regular work hours without overtime. If you consistently work overtime, you can account for it separately or adjust your hours per week accordingly. Remember that overtime typically pays 1.5x your regular rate.

How do I calculate hourly rate from annual salary?

To convert annual salary to hourly rate, divide your annual salary by the total work hours in a year. For example: $52,000 ÷ 2,080 hours = $25 per hour. You can adjust the total hours based on your actual work schedule.

What if I work part-time or irregular hours?

You can customize the work schedule inputs to match your actual working pattern. Adjust the hours per day, days per week, and weeks per year to reflect your schedule. For example, if you work 20 hours per week, you might set it as 4 hours/day for 5 days or 5 hours/day for 4 days.