Hourly to salary calculator
Enter an hourly rate or a yearly salary, the hours you work in a week and the weeks you are paid. You get the pay for the year, the month, two weeks, the week, the day and the hour.
This answer is for the example values in the boxes above. $25 an hour, 40 hours a week, 52 weeks a year. Change the boxes to see your own answer.
These figures are before tax. The weekly, two-week, twice-a-month and monthly pay divide the yearly pay by 52, 26, 24 and 12, and a day is a fifth of a week.
How it works
The yearly pay is the hourly rate times the hours in a week times the weeks you are paid. The weekly pay is the yearly pay divided by 52. The pay for two weeks is the yearly pay divided by 26, the pay twice a month is it divided by 24, and the monthly pay is it divided by 12. A day is a fifth of the hours of a week, at your rate.
If you know the salary and not the hourly rate, the calculator divides the salary by the hours of the year, which is the hours in a week times the weeks. It works out the other periods from the salary.
A worked example
At $25 an hour for 40 hours a week and 52 weeks, the year is $52,000. That is $4,333.33 a month, $2,166.67 twice a month, $2,000.00 every two weeks, $1,000.00 a week and $200.00 a day.
A salary of $62,400 for the same hours is $30.00 an hour.
2,080 hours or 2,087
Forty hours for 52 weeks is 2,080 hours. The U.S. Office of Personnel Management divides a federal civilian employee’s yearly pay by 2,087 hours instead. It explains that a calendar year is a day or two longer than 52 weeks, and that over a 28-year cycle the average is 2,087.143 work hours. Federal pay used 2,080 hours until 1984.
To match that divisor, enter 52.175 in the weeks box with 40 hours, which is 2,087 divided by 40. A rate of $25 then gives $52,175 a year, which is $175 more than at 52 weeks. A salary of $62,400 gives $29.90 an hour and not $30.00.
What it leaves out
All the figures are before tax. Overtime, bonuses and unpaid time off change the year, so take unpaid weeks out of the weeks you enter.
Sources
Questions
How do I convert an hourly wage to a yearly salary?
Multiply the hourly rate by the hours you work in a week and by the weeks you are paid. At $25 an hour for 40 hours and 52 weeks that is $52,000.
How do I convert a yearly salary to an hourly rate?
Divide the salary by the hours you work in a year, which is the hours in a week times the weeks. A salary of $62,400 for 40 hours and 52 weeks is $30.00 an hour.
How many working hours are in a year?
Fifty-two weeks of 40 hours is 2,080 hours. A calendar year runs a day or two past 52 weeks, and the federal government counts an average of 2,087 work hours.
Why do some employers divide a salary by 2,087 hours?
The U.S. Office of Personnel Management divides a federal civilian employee’s yearly pay by 2,087 hours and rounds to the nearest cent. That is the average number of work hours in a calendar year over a 28-year cycle. Before 1984 the divisor was 2,080.
Is this pay before tax?
Yes. Every figure is before tax. The paycheck calculator estimates the take-home pay after federal income tax, Social Security and Medicare.
Published . Updated .