Salary and Hourly Wage Calculator
Turn an hourly wage into an annual salary or the other way around, using your own hours, working days and paid weeks.
Result
Enter your values and select Calculate to see the result.
How to use this calculator
- Enter your pay and the period it covers.
- Adjust hours per week, days per week and paid weeks per year to match your job.
- All other pay periods are shown. Figures are before tax.
Formula
Pay is converted to an annual figure, then divided by the number of each period in a year:
- Hourly: hours per week × weeks per year
- Daily: days per week × weeks per year
- Weekly: weeks per year; every two weeks: weeks ÷ 2
- Twice a month: 24; monthly: 12
Worked example
Hourly to annual
25 an hour × 40 hours × 52 weeks = 52,000 a year, or 4,333.33 a month.
Annual to hourly
60,000 a year ÷ (40 × 52) = 28.85 an hour.
Assumptions and limitations
- Gross pay before income tax, social security, pension and other deductions.
- Overtime, bonuses and allowances are not included.
- Whether paid holiday counts as paid weeks depends on your contract.
Frequently asked questions
Is bi-weekly the same as twice a month?
No. Every two weeks is 26 payments a year; twice a month is 24, so each semi-monthly payment is slightly larger.
How do I account for unpaid leave?
Reduce “paid weeks per year”. For example, two weeks unpaid means 50 paid weeks.