Hourly to Annual Salary Converter
Convert an hourly wage to annual, monthly, and weekly pay, with an optional benefits load to estimate total compensation.
Result
How to use this calculator
- Enter your hourly wage.
- Enter your typical hours per week and weeks worked per year.
- Optionally add a benefits load (percent) to estimate total compensation.
- Read the annual salary plus monthly, weekly, and daily equivalents.
About this calculator
Converting an hourly wage to an annual salary is straightforward arithmetic, but the assumptions matter. This calculator multiplies your hourly rate by the hours you work per week and the weeks you work per year. Using 52 weeks assumes your paid time off is included; using around 50 weeks reflects two unpaid weeks off. It also breaks the figure down into monthly, biweekly, weekly, and daily equivalents so you can compare offers stated in different units. Finally, an optional benefits load lets you estimate total compensation rather than just base pay: employer-paid health insurance, retirement matching, and payroll taxes typically add 20โ30% on top of wages, and U.S. Bureau of Labor Statistics data puts benefits near 30% of total compensation on average. All figures are gross, before income tax.
How it works โ the formula
Annual = Hourly ร Hours/week ร Weeks/year
Monthly = Annual รท 12
Total comp = Annual ร (1 + benefits%)Pay scales linearly with hours and weeks; the benefits load grosses base pay up to total compensation.
Worked examples
- Inputs:
- hourly=25, hoursPerWeek=40, weeksPerYear=52
- Output:
- $52,000/yr
- Inputs:
- hourly=25, hoursPerWeek=40, weeksPerYear=52, benefits=20
- Output:
- total comp $62,400
- Inputs:
- hourly=18, hoursPerWeek=35, weeksPerYear=50
- Output:
- $31,500/yr
Limitations
- Gross pay before income tax.
- Assumes consistent hours; overtime and bonuses are not modeled.
- Benefits load is an estimate of total compensation.
Estimate for comparison; actual take-home depends on taxes and deductions.
Frequently asked
How do I convert hourly pay to an annual salary?+
Should I use 50 or 52 weeks?+
What is a benefits load?+
How much do benefits typically add?+
Is the result before or after taxes?+
How do I convert a salary back to an hourly rate?+
Related calculators
More tools you might like
Hand-picked tools that pair well with this one โ same audience, same intent.
Project the future value of a present sum at a nominal growth rate, then adjust for inflation to show its real, inflation-adjusted value.
Find the periodic payment of an annuity from its present value, interest rate, and number of periods โ for both ordinary annuities and annuities-due.
Add up worked hours from multiple clock-in/clock-out entries with break deductions, and see total and overtime hours.
Convert a nominal annual rate into the effective annual rate for any compounding frequency, including continuous compounding.
Convert between APR (nominal annual rate) and APY (effective annual yield) at any compounding frequency โ both directions.
Convert an hourly wage to annual, monthly, and weekly salary equivalents โ with optional overtime.