Convert your annual salary into an estimated hourly wage and see the value of your pay across common pay periods.
Adjust your work schedule and paid time off to get a conversion that reflects your actual working year.
Manage salaries, hourly wages, deductions, and payroll operations with PayDay.
Calculator
Enter your gross salary and schedule details to estimate your hourly rate and common pay periods.
Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)
40 hours per week × 52 weeks = 2,080 annual hours
A $60,000 annual salary based on 40 hours per week and 52 weeks per year equals approximately $28.85 per hour.
A salary to hourly calculator converts a fixed annual salary into an estimated hourly equivalent so employees, job seekers, employers, and contractors can compare compensation more easily.
Fewer or more weekly work hours change the annual hours used in the calculation.
Seasonal work, part-time schedules, and unpaid leave can change annual working hours.
Paid vacation does not reduce annual salary but can increase the effective value of each actual hour worked.
| Pay period | Formula |
|---|---|
| Daily | Annual salary ÷ annual workdays |
| Weekly | Annual salary ÷ 52 |
| Biweekly | Annual salary ÷ 26 |
| Semimonthly | Annual salary ÷ 24 |
| Monthly | Annual salary ÷ 12 |
This is a gross-pay example before taxes and deductions.
Divide annual salary by annual work hours. Annual work hours are hours worked per week multiplied by weeks worked per year.
A common full-time schedule uses 2,080 work hours per year: 40 hours per week multiplied by 52 weeks.
No. It is a common benchmark. Your annual hours change when you work a different number of weekly hours or weeks per year.
Paid vacation does not reduce annual salary. It reduces actual hours worked, which can increase the effective value of each actual hour worked.
Yes. Enter the actual hours per week and weeks per year to estimate an hourly equivalent for a part-time schedule.
No. This is a gross-pay conversion based on regular salary and work hours. It does not estimate overtime earnings.
No. It does not calculate federal or state taxes, benefits, bonuses, deductions, or net pay.
The effective rate accounts for paid vacation by dividing annual salary by actual hours worked. The standard rate uses all standard annual hours.
Manage salaries, hourly wages, deductions, and payroll operations from one place.