Salary to Hourly Calculator
Convert annual salary to hourly rate instantly. Also converts hourly to annual, daily, weekly, and monthly pay.
| Period | Gross Pay |
|---|---|
| Hourly | |
| Daily (8 hrs) | |
| Weekly | |
| Bi-Weekly | |
| Monthly | |
| Annual |
Frequently Asked Questions
Divide your annual salary by the number of hours worked per year. For a standard 40 hours/week, 52 weeks/year job: Annual salary ÷ 2,080 hours = hourly rate. Example: $60,000 ÷ 2,080 = $28.85/hour.
$50,000 ÷ 2,080 hours = $24.04/hour. If you work 40 hours/week for 52 weeks, your hourly equivalent is approximately $24.
Standard calculation: 40 hours/week × 52 weeks = 2,080 hours. Accounting for 10 paid holidays: 2,080 - 80 = 2,000 hours. Actual varies by country and company policy.
$20/hour = $41,600/year (full-time). This exceeds US minimum wage ($7.25 federal) but may be tight in high cost-of-living cities like NYC or San Francisco. MIT Living Wage Calculator suggests ~$21-25/hour for a single adult in most US cities.
About this calculator
Salary and hourly pay are two ways of saying the same thing, and converting between them is the quickest way to compare job offers, contract rates and freelance quotes. This calculator turns an annual salary into an hourly, daily, weekly, bi-weekly and monthly figure, and it works the other way round for an hourly rate.
It supports US dollars, pounds, euros, rupees and Australian dollars, and lets you set the hours per week and the weeks per year so that unpaid leave and part-time schedules are counted correctly. The default of 40 hours for 52 weeks gives the standard 2,080 working hours a year.
How to use it
- Choose the Direction: Salary to Hourly, or Hourly to Salary.
- Pick your Currency.
- Enter the Annual Salary or the Hourly Rate.
- Set Hours per Week and Weeks per Year.
- Press Convert to see hourly, daily, weekly, bi-weekly, monthly and annual pay.
Formulas
Hourly = Annual ÷ (Hours per week × Weeks per year). Daily = Hourly × Hours per week ÷ 5. Weekly = Hourly × Hours per week. Monthly = Annual ÷ 12. Going the other way, Annual = Hourly × Hours per week × Weeks per year.
Worked example
$60,000 a year, 40 hours a week, 52 weeks
| Hourly | $28.85 |
| Daily (8 hours) | $230.77 |
| Weekly | $1,153.85 |
| Bi-weekly | $2,307.69 |
| Monthly | $5,000.00 |
| Annual | $60,000.00 |
If you take four unpaid weeks off, enter 48 weeks and the same salary becomes $31.25 an hour. Always match the weeks to what you really work.
Tips and common mistakes
- For a contractor, ask for a rate about 25 to 40% higher than an employee's equivalent to cover leave, benefits and tax.
- Use 2,080 hours (40 × 52) for a standard full-time year, or 2,000 if you count about two weeks of unpaid leave.
- Divide by weeks actually paid. Paid holidays count as paid hours.
- Compare hourly offers after tax and benefits. A $5 higher rate with no health insurance may pay less.
- Remember overtime rules. In many places hours over 40 earn 1.5 times the normal rate.
Frequently asked questions
How do I convert annual salary to hourly?
Divide the salary by the total hours worked in a year, usually 2,080 for 40 hours a week over 52 weeks.
What is $50,000 a year hourly?
$50,000 ÷ 2,080 = $24.04 an hour at 40 hours a week.
How many working hours are there in a year?
2,080 for a standard full-time schedule, before subtracting any unpaid leave.
Is $20 an hour a good salary?
$20 an hour is about $41,600 a year at full time. Whether that is good depends on where you live and your costs.
How do I convert hourly pay to annual?
Multiply the rate by the hours per week and the weeks per year.
Does it include tax?
No. The result is gross pay before tax.