Convert annual salary to hourly, daily, weekly, biweekly and monthly pay with our free salary conversion calculator. You can also convert hourly pay back to an annual salary.
Our annual salary to hourly rate calculator helps you estimate your hourly equivalent from a yearly salary. Enter your annual salary, average hours worked per week and number of working weeks per year to get an estimated hourly rate.
For a standard full-time schedule, 40 hours per week and 52 weeks per year equals 2,080 working hours. You can change these values if your schedule is different.
To calculate an hourly rate from an annual salary, divide the annual salary by the total number of working hours in a year.
Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)
For other common pay conversions, you can use these formulas:
Annual Salary → Hourly Rate: Annual Salary ÷ (Hours per Week × Weeks per Year)
Hourly Rate → Annual Salary: Hourly Rate × Hours per Week × Weeks per Year
Monthly Salary → Hourly Rate: (Monthly Salary × 12) ÷ (Hours per Week × Weeks per Year)
Weekly Pay → Hourly Rate: Weekly Pay ÷ Hours per Week
For example, if your annual salary is $60,000 and you work 40 hours per week for 52 weeks, the calculation is:
$60,000 ÷ (40 × 52) = $28.85 per hour
The following salary-to-hourly conversions use 40 hours per week and 52 weeks per year.
You can also use this calculator to convert an hourly rate into an estimated annual salary. Select Hourly → Salary, enter your hourly rate, and provide your expected hours per week and working weeks per year.
The annual salary formula is:
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year
For example, $25 per hour at 40 hours per week for 52 weeks equals $52,000 in annual gross pay.
A salary and an hourly wage describe compensation in different ways. An annual salary provides a yearly amount, while an hourly rate shows the equivalent amount for each hour worked.
The actual equivalent can change when your working schedule changes. That is why this calculator lets you customize hours per week and weeks per year instead of forcing a single schedule.
The calculator provides a gross salary-to-hourly conversion based on the values entered by the user.
Use the SalaryPayslip generator to create a free PDF salary payslip online.