Wage Calculator: Hourly to Annual Salary Converter

Convert between hourly wages and annual salary to compare job offers, plan finances, or understand your true earnings. Enter your wage, hours per week, and weeks worked to see equivalent pay across all periods (hourly, weekly, biweekly, monthly, annually).

1. Enter Wage Amount: Your hourly rate or annual salary
2. Select Pay Period: Choose your current pay structure (hourly, weekly, biweekly, monthly, yearly)
3. Hours Per Week: Default is 40 for full-time
4. Weeks Per Year: Default is 52 (adjust for unpaid time off)
5. Click Calculate to see conversions across all pay periods

Example 1: Hourly to Annual

$30/hour × 40 hours × 52 weeks = $62,400/year

Example 2: Annual to Hourly

$75,000/year ÷ (40 hours × 52 weeks) = $36.06/hour

The Wage Calculator uses a straightforward formula to convert between hourly wages and annual salaries. The core principle is based on the total number of hours worked in a year.

Hourly to Annual:

• Annual Salary = Hourly Wage × Hours per Week × Weeks Worked per Year

Where:

• Hourly Wage is the amount earned per hour.
• Hours per Week is the average number of hours worked each week.
• Weeks Worked per Year is the number of weeks worked in a year.

For example, if an individual earns $25 per hour, works 40 hours per week, and works 52 weeks per year, the annual salary is calculated as follows:

Annual Salary = $25 × 40 × 52 = $52,000

Annual to Hourly:

• Hourly Wage = Annual Salary / (Hours per Week × Weeks Worked per Year)

Where:

• Annual Salary is the total salary earned in a year.
• Hours per Week is the average number of hours worked each week.
• Weeks Worked per Year is the number of weeks worked in a year.

For example, if an individual earns $60,000 per year, works 40 hours per week, and works 52 weeks per year, the hourly wage is calculated as follows:

Hourly Wage = $60,000 / (40 × 52) = $28.85 (rounded to the nearest cent)