Hourly to Salary Calculator
Convert hourly pay into annual salary using adjustable assumptions (hours/week, weeks/year).
When to use this tool:
- Compare a job offer
- Estimate freelance equivalent
- Understand effective pay
How it's Calculated
- Annual salary = hourly rate × hours per week × weeks worked
Key Assumptions
- Calculates Gross Pay (before taxes).
- If you work unpaid overtime, set hours/week to your actual average.
Actionable Insights
- Unpaid overtime lowers your real hourly rate → model this by increasing your hours/week.
- Contractor vs Employee: Same 'annual equivalent' doesn't mean same financial outcome because pensions, PTO, insurance, and risk are often excluded.
Frequently Asked Questions
Annual salary scales directly with hours worked and weeks paid. A contractor working 40 hours for 46 weeks will earn less annually than an employee paid for 52 weeks at the same hourly rate.
Working unpaid overtime mathematically decreases your true hourly rate while keeping your annual salary fixed in the calculation.
Salaried positions generally pay you for 52 weeks, including paid time off (PTO). If you are strictly paid only for weeks worked, you should lower the weeks metric.
No. This tool calculates Gross Pay (before taxes). Net Pay depends heavily on your local tax region, brackets, and personal deductions.
No, directly converting an hourly contract rate to an annual salary is misleading because contractors lack PTO, health benefits, and pay self-employment taxes.
This tool strictly calculates base pay from hourly wages. If you receive predictable bonuses, calculate the base annual salary here first, then add the bonus separately.