Hourly wage to annual salary formula
The basic hourly to salary conversion is: annual salary = hourly wage × hours per week × weeks per year. Use 40 hours and 52 weeks for a common full-time US estimate, or adjust the schedule for part-time work, seasonal work, unpaid leave, paid holidays, overtime, or double time.
How to use the calculator
- Enter your hourly rate, hours per week, weeks per year, and currency.
- Use the rate chips for quick examples like $20/hour, $25/hour, or $30/hour.
- Open advanced options to add overtime, double time, paid vacation, unpaid vacation, paid holidays, or a single tax estimate.
- Read the daily, weekly, biweekly, semi-monthly, monthly, quarterly, and annual pay rows. Results update as you type.
Methodology and assumptions
- Last reviewed: June 29, 2026.
- Gross pay: pay before tax, benefits, retirement contributions, insurance, payroll deductions, or local withholding.
- Regular pay: hourly rate multiplied by regular hours per week.
- Overtime pay: overtime hours per week multiplied by hourly rate and the overtime multiplier.
- Double time: double-time hours per week multiplied by hourly rate and the double-time multiplier.
- Daily pay: average weekly pay divided by workdays per week.
- PTO and holidays: paid vacation days and paid holidays reduce estimated worked days, but still count as paid regular time. Unpaid vacation days reduce adjusted salary. Overtime and double time are scaled by estimated worked days in adjusted results.
- Tax estimate: the after-tax column applies one percentage to each pay result. It is a simplified estimate, not payroll, tax, or legal advice.
