Enter your hourly rate, hours worked per week, and weeks worked per year to convert your wage into annual salary, monthly pay, and weekly pay. You can also factor in overtime for a more precise figure. Results update automatically so you can compare different pay scenarios side by side.
Annual Salary
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Monthly Pay
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Weekly Pay
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Daily Pay (8-hr day)
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Bi-Weekly Pay
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Multiply your hourly rate by the number of hours you work per week, then multiply that result by the number of weeks you work per year. The formula is: Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year. For example, $25/hr × 40 hrs × 52 weeks = $52,000 per year.
Divide your annual salary by the total number of hours worked in a year. First, multiply your hours per week by the weeks per year to get total annual hours, then divide your salary by that number. For a $52,000 salary working 40 hrs/week for 52 weeks: $52,000 ÷ 2,080 = $25/hr.
Time and a half means you earn 1.5× your regular hourly rate for overtime hours. If your base rate is $20/hr, your overtime rate would be $30/hr. In the US, the Fair Labor Standards Act (FLSA) generally requires time and a half for hours worked beyond 40 in a workweek for non-exempt employees.
A standard year has 52 weeks. However, if you take unpaid vacation, sick leave, or other time off, you should reduce this number accordingly. Most full-time employees work between 48 and 52 weeks per year after accounting for paid or unpaid leave.
According to the U.S. Bureau of Labor Statistics, the median weekly earnings for full-time workers is around $1,100–$1,150, which equates to roughly $57,000–$60,000 per year. This varies significantly by occupation, industry, education level, and location.
No, this calculator shows gross pay only — before any federal, state, or local income taxes, Social Security, Medicare, or other deductions. Your actual take-home (net) pay will be lower depending on your tax filing status, withholdings, and location.
At $18/hr working 40 hours per week for 52 weeks, your annual salary would be $37,440. Monthly that works out to $3,120, and weekly to $720. If overtime is involved, your total annual earnings would be higher.
Bi-weekly pay means you are paid every two weeks — 26 times per year. Semi-monthly pay means you are paid twice per month — 24 times per year. Bi-weekly paychecks are slightly smaller than semi-monthly ones, but you receive two extra paychecks per year.