How the Hourly to Salary - Wage Calculator works
This tool converts a hourly wage into the pay figures most people actually compare: weekly, biweekly, monthly, and annual gross pay. Enter your hourly rate, your regular hours per week, any overtime hours, and how many weeks per year you're actually paid for — then the calculator annualizes the total.
The formula
Weekly pay is regular pay plus overtime pay: Weekly = (Hourly rate × Regular hours) + (1.5 × Hourly rate × Overtime hours). Overtime is calculated at time-and-a-half, the standard U.S. rate for non-exempt hours beyond the regular schedule. Annual salary then scales that weekly figure by how many weeks you're actually paid: Annual = Weekly pay × Paid weeks per year. Monthly pay is annual ÷ 12, and biweekly pay is annual ÷ 26 — the standard 26-pay-period convention used by most biweekly payrolls.
Gross vs. take-home pay
Every figure here is gross pay — what you earn before withholding. Take-home pay is smaller: federal income tax, FICA (Social Security 6.2% + Medicare 1.45%), state/local taxes, health insurance premiums, and retirement contributions all come out of the gross figure before it reaches your bank account. This calculator does not model taxes or deductions, since those depend on your filing status, location, and benefit elections.
Why "paid weeks per year" matters
If you work all 52 weeks with no unpaid time off, set paid weeks to 52. If you take unpaid leave, seasonal layoffs, or unpaid holidays, lower the figure — two weeks of unpaid time off means 50 paid weeks, which lowers the annual total even though the hourly rate never changed. This is the main reason two people at the same hourly rate can report different annual salaries.
Converting between pay periods
- Annual → hourly (standard full-time basis): divide by 2,080 (52 weeks × 40 hours)
- Hourly → annual (standard full-time basis): multiply by 2,080
- Semi-monthly vs. biweekly: these aren't the same — biweekly gives 26 paychecks/year vs. 24 for semi-monthly, so two months a year have three biweekly checks
Comparing job offers
Normalize competing offers to annual gross pay including benefits: add employer 401k match, health insurance value (often $6,000–$15,000/year), and any equity at fair value. A $10,000 higher base salary may be outweighed by a superior benefits package at the lower-paying offer.