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Hourly Wage to Annual Salary Converter

Convert hourly wage to annual, monthly, weekly income

Hourly Wage ($)
Hours per Week
Weeks per Year
Overtime Rate (x)
Overtime Hours/Week
Bonuses ($)

Income Conversion Formulas

Annual = Hourly × Hours/Week × Weeks/Year
Monthly = Annual / 12
Weekly = Annual / 52
Daily = Weekly / 5
With OT: Base + (OT Rate × OT Hours × Weeks)

Standard full-time is 40 hours/week for 52 weeks (2,080 hours/year).

Excludes taxes, insurance, and other deductions. Actual take-home pay is lower.

Understanding Your Income

Different income perspectives:

Gross Income

Total before any deductions. Used for loan applications.

Net Income

Take-home pay after taxes and deductions.

Full-Time Standard

40 hours/week × 52 weeks = 2,080 hours/year.

Part-Time Calculation

Adjust hours and weeks based on actual work schedule.

Example: $25/hour × 40 hrs × 52 weeks = $52,000 annual gross income.

Applications

Job Comparison Budget Planning Loan Application Salary Negotiation Career Planning

Frequently Asked Questions

How to convert hourly wage to annual salary?
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year. Standard is 40 hours/week and 52 weeks/year.
How many hours in a year?
Standard full-time: 2,080 hours per year (40 hrs × 52 weeks). Part-time varies by actual hours.
Include overtime in calculations?
Yes, add overtime hours at 1.5x rate. Include bonuses and commissions for total compensation.
What is the difference between salary and wages?
Salary is fixed annual pay regardless of hours. Wages are typically hourly and vary with hours worked.

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