How to use it
- Choose a direction: hourly to salary, or salary to hourly.
- Enter hours per week and the number of paid weeks. Use 52 if vacation is paid.
- Optionally add weekly overtime hours, which are paid at time and a half.
The formula
Annual salary = Hourly rate × Hours per week × Paid weeks + Overtime payHourly rate = Annual salary ÷ (Hours per week × Paid weeks)Quick conversion table (40 hrs × 52 weeks)
| Hourly | Monthly | Annual |
|---|---|---|
| $15 | $2,600 | $31,200 |
| $18 | $3,120 | $37,440 |
| $20 | $3,467 | $41,600 |
| $22 | $3,813 | $45,760 |
| $25 | $4,333 | $52,000 |
| $30 | $5,200 | $62,400 |
| $35 | $6,067 | $72,800 |
| $40 | $6,933 | $83,200 |
| $50 | $8,667 | $104,000 |
| $60 | $10,400 | $124,800 |
| $75 | $13,000 | $156,000 |
What changes besides the math
- Overtime. Hourly (non-exempt) workers must get 1.5× pay over 40 hours a week. Salaried exempt staff don't, so a salary that looks higher can pay less per hour worked.
- Pay stability. A salary is the same every period. Hourly pay moves with the schedule.
- Benefits. Salaried jobs more often come with paid leave and benefits. Compare total compensation, not just the headline number.
Using the numbers in a negotiation
Convert every offer to the same basis before you compare. A $62,000 salary with 50-hour weeks works out to $23.85 an hour, while $27 an hour for 40 hours is $56,160 a year. Then run the result through the payroll calculator to compare take-home pay.