Salary to Hourly Converter
What this calculator does
This calculator converts between annual salary and hourly wage, accounting for the number of work hours per week and weeks worked per year. It helps job seekers, freelancers, and employees understand the true hourly value of a salaried position—or the annual equivalent of an hourly rate.
When evaluating a job offer, comparing positions, or negotiating a raise, understanding the hourly breakdown is essential. A $60,000 salary sounds different depending on whether the role requires 40 or 55 hours per week. Likewise, a freelancer charging $45/hour may want to know the annual equivalent to compare against a full-time offer with benefits.
This tool also calculates weekly, biweekly, and monthly pay, giving you a complete picture of how compensation breaks down across common pay periods.
How to use it
- Enter either your annual salary or hourly wage—the calculator converts in both directions.
- Enter hours worked per week (default is 40).
- Enter weeks worked per year (default is 52; reduce for unpaid time off).
- Review the converted rate and breakdowns by pay period (hourly, weekly, biweekly, monthly, annual).
Formulas used
Salary to hourly: Hourly rate = Annual salary / (Hours per week × Weeks per year) Example: $62,400 / (40 × 52) = $30.00/hour
Hourly to salary: Annual salary = Hourly rate × Hours per week × Weeks per year Example: $25.00 × 40 × 52 = $52,000/year
Other pay periods: Weekly = Annual / 52 Biweekly = Annual / 26 Monthly = Annual / 12
Examples
Example 1 — Standard salaried position: Salary = $75,000, 40 hours/week, 52 weeks/year. Hourly = $75,000 / 2,080 = $36.06/hour. Biweekly = $2,884.62.
Example 2 — Part-time hourly worker: Rate = $18.50/hour, 25 hours/week, 50 weeks/year. Annual = $18.50 × 25 × 50 = $23,125/year. Monthly ≈ $1,927.
Example 3 — Overtime-heavy role: Salary = $55,000, but actual hours = 50/week, 52 weeks. Effective hourly = $55,000 / 2,600 = $21.15/hour—significantly lower than the $26.44 it would be at 40 hours.
Tips and common mistakes
- Account for actual hours worked. Many salaried employees work well beyond 40 hours. Using 45 or 50 hours gives a more honest picture of your effective hourly rate.
- Subtract unpaid time off. If you take 2 weeks of unpaid vacation, use 50 weeks instead of 52.
- Factor in benefits. A salaried job offering health insurance, retirement matching, and PTO may be worth $10,000–$20,000 more than the base salary alone. An hourly role with no benefits needs a higher rate to match.
- Freelancers should add overhead. Self-employed workers pay an additional 7.65% in self-employment tax (the employer's share of FICA) and typically cover their own insurance. A common rule of thumb: freelance hourly rate ≈ 1.3–1.5× the equivalent employee hourly rate.
- Use this during negotiations. Knowing that a $5,000 raise equals roughly $2.40/hour (at 40 hrs/52 wks) helps frame the ask in concrete terms.
- Don't confuse gross and net. This calculator shows gross (pre-tax) figures. Your take-home pay will be lower after federal, state, and local taxes plus deductions.