How to Convert Hourly Pay to Annual Salary
To estimate your yearly income from an hourly wage, multiply your hourly rate by your hours per week and weeks per year. Add overtime (optional) to get a more realistic estimate.
Overtime Option
If you regularly work overtime, turn it on and set overtime hours/week and a multiplier (commonly 1.5ร).
Related Calculators
- Salary to Hourly Calculator โ convert annual salary back to hourly.
- Take-Home Pay Calculator โ estimate net pay after deductions/taxes.
- Percentage Calculator โ raises, bonuses, and cuts.
- Loan Calculator โ plan debt payments with income.
Frequently Asked Questions
1) Is the annual salary exact?
No โ itโs an estimate based on the schedule and weeks/year you enter. Actual payroll can differ.
2) Why use weeks/year instead of always 52?
If you take unpaid weeks off or work seasonal jobs, using fewer weeks gives a more realistic yearly estimate.
3) Does this include taxes?
This is gross salary only. Use the Take-Home Pay Calculator for net pay estimates.
4) What overtime multiplier should I choose?
Common overtime is 1.5ร. Some roles use 2ร. If you donโt get extra pay, select 1ร.
5) How is monthly pay calculated?
By default we show average monthly pay: annual รท 12. This is best for budgeting.