How this calculator works
This calculator converts between an annual salary and an hourly rate in either direction. Enter your salary to see the equivalent hourly, daily, weekly, biweekly and monthly pay, or start from an hourly rate to see what it adds up to over a year.
The conversion depends entirely on how many hours you actually work: a 40-hour week and 52 paid weeks a year (2,080 hours total) is the standard full-time convention used by payroll guides and government pay calculators, but you can change both numbers to match unpaid time off, part-time schedules, or a shorter work week.
The formula
Hourly rate = Annual salary ÷ (Hours per week × Weeks per year)Annual salary = Hourly rate × Hours per week × Weeks per yearDaily pay assumes an 8-hour day; biweekly pay is simply twice the weekly figure, matching the common every-other-week payroll schedule. All results are gross (pre-tax) pay.
Worked example: $60,000 a year, 40 hours a week
- Annual salary $60,000, 40 hours per week, 52 paid weeks a year: total hours = 40 × 52 = 2,080.
- Hourly rate = 60,000 ÷ 2,080 = $28.85.
- Weekly pay = 28.85 × 40 = $1,153.85; biweekly = $2,307.69; monthly = 60,000 ÷ 12 = $5,000.
Frequently asked questions
Is this take-home pay?
No. Every figure is gross pay before income tax, payroll tax, and any benefit deductions. Your actual paycheck will be lower once withholdings are subtracted.
Why 2,080 hours a year?
It is the standard full-time convention: 40 hours a week times 52 weeks. It assumes you are paid for every week, including any vacation time provided as paid leave rather than unpaid time off.
How do I account for unpaid vacation or unpaid holidays?
Lower the "paid weeks per year" field. For example, two unpaid weeks off a year gives 50 paid weeks instead of 52, which raises the equivalent hourly rate for the same salary.
Does this work for part-time schedules?
Yes. Set hours per week to whatever you actually work, for example 20 or 30, and the calculator prorates every period accordingly.
Why is monthly pay not just weekly times 4?
Most months are longer than exactly 4 weeks. Monthly pay here is annual salary divided by 12, which is how most salaried payroll systems calculate a monthly figure.