Salary calculator: hourly to annual and back
Convert pay between hourly, daily, weekly, bi-weekly, monthly and annual, adjust for holidays and leave, and see what a raise is really worth.
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25 days off works out at 47 paid weeks a year instead of 52.
Hourly
$32.00
Daily
$256.00
Weekly
$1,280.00
Bi-weekly
$2,560.00
Semi-monthly
$2,773.33
Monthly
$5,546.67
Hours worked per year
2,080 hrs
With unpaid leave
$60,160.00
1,880 paid hours
| Period | Unadjusted | Holidays & leave unpaid |
|---|---|---|
| Hourly | $32.00 | $32.00 |
| Daily | $256.00 | $256.00 |
| Weekly | $1,280.00 | $1,280.00 |
| Bi-weekly (26 / yr) | $2,560.00 | $2,313.85 |
| Semi-monthly (24 / yr) | $2,773.33 | $2,506.67 |
| Monthly | $5,546.67 | $5,013.33 |
| Quarterly | $16,640.00 | $15,040.00 |
| Annual | $66,560.00 | $60,160.00 |
New annual salary
$69,222.40
Extra per month
$221.87
Extra per hour
$1.28
| Period | Now | After the raise | Increase |
|---|---|---|---|
| Hourly | $32.00 | $33.28 | +$1.28 |
| Weekly | $1,280.00 | $1,331.20 | +$51.20 |
| Bi-weekly | $2,560.00 | $2,662.40 | +$102.40 |
| Monthly | $5,546.67 | $5,768.53 | +$221.87 |
| Annual | $66,560.00 | $69,222.40 | +$2,662.40 |
Formula and working
Annual salary from your input
Annual = hourly × hours per week × weeks per year Annual = 32 × 40 × 52 = $66,560.00
Hourly rate
Hourly = annual / (hours per week × weeks per year) Hourly = 66,560 ÷ (40 × 52) = 66,560 ÷ 2,080 hours = $32.00
Paid weeks after holidays and leave
Weeks = weeks per year − days off / days per week Weeks = 52 − 25 ÷ 5 = 47 weeks
After the raise
New annual = annual × (1 + raise) New annual = 66,560 × (1 + 0.04) = $69,222.40
Bi-weekly pay assumes 26 pay periods a year and semi-monthly assumes 24 — those are counts of pay dates, not of weeks, which is why the two figures differ.
Assumptions
- These are gross figures. Income tax, national insurance, social security, pension contributions and health premiums all come out afterwards.
- Overtime, bonuses, commission, shift premiums and employer pension contributions are not included.
- The unadjusted column treats every week of the year as paid; the adjusted column treats public holidays and leave as unpaid days.
- Bi-weekly pay lands 26 times in most years and 27 times occasionally, which is why an annual figure divided by 26 can differ slightly from your payslip.
How to use the salary calculator
- Enter the pay amount you know and pick the period it applies to — hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly or annual.
- Set your hours per week, days per week and weeks per year. The defaults describe a standard full-time year of 2,080 hours.
- Enter your public holidays and vacation days to see the adjusted column, which treats that time as unpaid.
- Open raise mode to see what a percentage increase or a flat annual bump is worth in every pay packet.
The conversions
Everything runs through the annual figure. From an hourly rate:
annual = hourly × hours per week × weeks per year. Going the other way:
hourly = annual / (hours per week × weeks per year). A standard full-time year is
40 × 52 = 2,080 hours, which is why dividing a salary by 2,080 gives a usable hourly rate.
Bi-weekly and semi-monthly are counts of pay dates rather than of weeks, so they do not match: 26 bi-weekly payments a year against 24 semi-monthly ones. Semi-monthly payments are larger; bi-weekly payments arrive more often, and in some calendar years there are 27 of them.
Hourly to annual, at 40 hours a week
| Hourly | Weekly | Bi-weekly | Monthly | Annual |
|---|---|---|---|---|
| 12 | 480 | 960 | 2,080 | 24,960 |
| 15 | 600 | 1,200 | 2,600 | 31,200 |
| 18 | 720 | 1,440 | 3,120 | 37,440 |
| 20 | 800 | 1,600 | 3,467 | 41,600 |
| 25 | 1,000 | 2,000 | 4,333 | 52,000 |
| 30 | 1,200 | 2,400 | 5,200 | 62,400 |
| 35 | 1,400 | 2,800 | 6,067 | 72,800 |
| 40 | 1,600 | 3,200 | 6,933 | 83,200 |
| 50 | 2,000 | 4,000 | 8,667 | 104,000 |
| 75 | 3,000 | 6,000 | 13,000 | 156,000 |
| 100 | 4,000 | 8,000 | 17,333 | 208,000 |
Annual to hourly, at 2,080 hours
| Annual | Hourly | Bi-weekly | Monthly |
|---|---|---|---|
| 30,000 | 14.42 | 1,154 | 2,500 |
| 40,000 | 19.23 | 1,538 | 3,333 |
| 50,000 | 24.04 | 1,923 | 4,167 |
| 60,000 | 28.85 | 2,308 | 5,000 |
| 75,000 | 36.06 | 2,885 | 6,250 |
| 90,000 | 43.27 | 3,462 | 7,500 |
| 100,000 | 48.08 | 3,846 | 8,333 |
| 120,000 | 57.69 | 4,615 | 10,000 |
| 150,000 | 72.12 | 5,769 | 12,500 |
| 200,000 | 96.15 | 7,692 | 16,667 |
Comparing an hourly job with a salaried one
A salaried role usually includes paid public holidays and paid leave; a contract or hourly role often does not. Comparing the headline rates therefore overstates the hourly job. With 10 public holidays and 15 days of leave, an hourly worker on a five-day week loses five weeks of pay a year — 47 paid weeks instead of 52, which is roughly 9.6% less income for identical hours worked per week.
The adjusted column in the calculator does exactly this comparison. Contractors often add a loading of 20–30% on top of an equivalent salary rate to cover unpaid leave, sick days, employer pension contributions, and the periods between contracts.
What a raise is really worth
Raise mode converts a percentage into money per hour, per week and per pay packet, which is usually more informative than the percentage itself. Two things to keep in mind: a raise below the inflation rate is a pay cut in real terms — check the current rate on the inflation calculator — and a raise compounds, because next year's increase is applied to the higher base.
These are gross figures
Nothing here is deducted. Income tax, social security or national insurance, pension contributions, health insurance premiums and student loan repayments all come out of these amounts, and the rates depend entirely on where you live and your personal circumstances. Use this tool to compare offers and convert between pay periods; use your local tax authority's calculator for take-home pay.
Questions
How do I convert an hourly rate to an annual salary?
Multiply the hourly rate by the hours you work each week and then by the weeks you work each year — 40 hours over 52 weeks is 2,080 hours, so $30 an hour is $62,400 a year. The calculator does this and every other conversion at once.
What does the adjusted column mean?
It treats public holidays and vacation days as unpaid. For an hourly worker with 10 holidays and 15 leave days, that removes five weeks of pay from the year, which is the honest comparison against a salaried offer that includes paid leave.
Why do bi-weekly and semi-monthly pay differ?
Bi-weekly means 26 pay dates a year and semi-monthly means 24, so the two amounts differ even for identical annual pay. Some years contain 27 bi-weekly pay dates, which is why payslips occasionally disagree with an annual figure divided by 26.
Are these figures before or after tax?
Before. Everything shown is gross pay — income tax, social security or national insurance, pension contributions and health premiums all come out afterwards, and the rates depend on where you live.