Interactive financial calculator

Hourly to Salary Calculator

Convert hourly pay to annual gross salary or annual salary to an hourly rate using your work schedule, overtime, and unpaid days.

  • Free to use
  • No account required
  • Inputs stay in your browser

Methodology & Assumptions

How this estimate is calculated

Formula: effective working weeks = selected weeks − unpaid days ÷ working days per week. Annual gross pay = base hourly rate × [regular hours + overtime hours × multiplier]. Reverse mode divides annual gross salary by the same weighted schedule, keeping both directions mathematically consistent.

Illustrative result: figures are rounded for display after calculations use full numeric precision. Actual results may differ.

Currency: dollar symbols are a display convention. Enter every monetary amount in one consistent currency; the calculator does not convert currencies or apply jurisdiction-specific tax rules.

Convert Gross Pay in Either Direction

Hourly-to-salary mode multiplies the base hourly rate by regular paid hours and adds overtime at the selected multiplier. Salary-to-hourly mode divides annual gross salary by the same weighted schedule. Using the same schedule keeps the two directions mathematically consistent.

Working Weeks, Overtime, and Unpaid Days

Working weeks can be below 52 for seasonal, contract, school-year, or part-time schedules. Unpaid days reduce the schedule proportionally using the entered working days per week. Overtime hours are reduced by the same effective-week factor, then paid at base hourly rate × overtime multiplier.

Average monthly gross pay is annual gross pay divided by 12. Average weekly gross pay is annual gross pay divided by 52, even when the work itself occurs in fewer weeks. These are annualized averages, not payroll-cycle predictions.

Worked Example

At $30 per hour, 40 regular hours per week, 52 working weeks, no overtime, and no unpaid days, annual gross pay is $62,400. The average monthly equivalent is $5,200 and the average weekly equivalent is $1,200. Reverse mode returns the same $30 base hourly rate under the same schedule.

What Is Not Included

The calculation does not estimate income tax, payroll deductions, benefits, paid leave, pension contributions, insurance, overtime eligibility, or employment classification. Those rules vary by employer and jurisdiction. Compare freelance pricing separately with the Freelance Rate Calculator or estimate capacity with the Billable Hours Calculator.

Frequently Asked Questions

Is monthly pay annual salary divided by 12?

Yes. The page labels it as an average monthly equivalent; actual payroll schedules can produce different payment amounts or counts.

How are unpaid days handled?

They reduce effective working weeks using unpaid days divided by working days per week. That proportion reduces regular and overtime annual hours consistently.

Does annual salary include overtime in reverse mode?

The entered annual gross salary is treated as total gross pay for the selected regular and overtime schedule. The calculator solves for the base hourly rate that produces that total.

Does this calculate take-home pay?

No. It is a gross-pay converter only and does not estimate taxes, deductions, benefits, or local employment rules.