Yearly Wage Calculator

Convert an hourly wage into yearly, monthly, biweekly, and weekly gross pay, including overtime hours paid at time-and-a-half.

Quick Facts

Formula
Annual pay = (rate × regular hrs + rate × 1.5 × OT hrs) × weeks worked
Overtime is paid at 1.5x the regular hourly rate, the standard time-and-a-half convention.
Full-time year
52 weeks × 40 hours = 2,080 hours
The standard full-time work year used as a benchmark for annual pay comparisons.

Your Results

Calculated
Yearly wage
-
Gross pay per year
Monthly wage
-
Yearly pay ÷ 12
Biweekly wage
-
Weekly pay × 2 (26 paychecks/yr)
Weekly wage
-
Regular + overtime pay for one week

Ready

Enter your hourly wage, hours, and weeks worked, then press Calculate.

How the Yearly Wage Calculator works

This calculator converts an hourly wage into gross pay for a year, a month, two weeks, and one week. It uses the standard method payroll and HR tools use: multiply your hourly rate by the hours you actually work, then scale that weekly figure up to the period you want to see.

The formula

For an hourly wage R, regular hours per week H, overtime hours per week O paid at time-and-a-half, and W weeks worked per year:

Weekly pay = (R × H) + (R × 1.5 × O)

Yearly pay = Weekly pay × W

Monthly pay is yearly pay divided by 12, and biweekly pay is simply weekly pay doubled (since a biweekly schedule pays every two weeks). If you work no overtime, this reduces to the familiar shortcut for a standard full-time schedule: hourly rate × 40 hours × 52 weeks = hourly rate × 2,080.

Worked example

Take a $25.00/hour wage, 40 regular hours a week, 5 overtime hours a week, and 52 weeks worked. Regular weekly pay is $25.00 × 40 = $1,000.00. Overtime weekly pay is $25.00 × 1.5 × 5 = $187.50. Total weekly pay is $1,187.50, which comes to $61,750.00 for the year, about $5,145.83 a month, and $2,375.00 every two weeks.

Why "weeks worked per year" matters

Not everyone works a full 52-week year. Seasonal work, unpaid leave, or starting a job partway through the year all reduce the weeks actually worked and therefore the annual total, even though the hourly rate and weekly schedule stay the same. Lower this input to model a partial year; leave it at 52 for a standard full-year salaried or hourly schedule.

Overtime pay assumptions

This calculator applies the standard 1.5x (time-and-a-half) overtime multiplier to any hours entered in the overtime field, and treats the "regular hours" field as pay at the straight hourly rate. It does not apply state-specific daily-overtime rules, double-time rules, or exemption status — check your employer's pay policy or your state labor department for rules that may apply beyond the standard weekly overtime convention.

Biweekly is not semi-monthly

A biweekly schedule pays every two weeks, producing 26 paychecks a year — two months get three paychecks instead of two. A semi-monthly schedule pays twice a month on fixed dates, producing exactly 24 paychecks a year. This calculator's "biweekly wage" result is twice the weekly pay; it is not the right figure to use for a semi-monthly paycheck, which would instead be the yearly total divided by 24.

Frequently Asked Questions

How do I convert an hourly wage to a yearly salary?
Multiply your hourly rate by the number of hours you work per week, then multiply by the number of weeks you work per year. For a standard full-time schedule of 40 hours a week for 52 weeks, that is hourly rate times 2,080 hours. Working fewer weeks, such as with unpaid time off, lowers the annual total.
How is overtime pay calculated?
This calculator uses the standard time-and-a-half convention: overtime hours are paid at 1.5 times your regular hourly rate. Weekly pay equals (hourly rate times regular hours) plus (hourly rate times 1.5 times overtime hours), and that weekly figure is then scaled up to monthly, biweekly, and yearly totals.
Why does the calculator ask for weeks worked per year instead of assuming 52?
Not everyone is paid for a full 52-week year. If you take unpaid leave, work a seasonal job, or start partway through the year, entering a lower number of weeks worked reduces the annual total accordingly. Leave it at 52 for a standard full-year paid schedule.
Is biweekly pay the same as semi-monthly pay?
No. Biweekly means paid every two weeks, which is 26 paychecks a year, so two months of the year receive three paychecks instead of two. Semi-monthly means paid twice a month on fixed dates, which is exactly 24 paychecks a year. This calculator's biweekly figure is simply twice the weekly pay and should not be treated as a semi-monthly paycheck amount.

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