Hourly to Salary Calculator

Hourly workers and freelancers often need an annual figure to compare with salaried job postings, mortgage applications, or personal budgets. Annual salary = hourly wage × hours per week × weeks per year. Monthly gross is simply annual pay divided by 12. All figures are pre-tax — the same gross basis employers use before withholding. Loan underwriters frequently annualize hourly income this way when reviewing W-2 and pay-stub history for variable-hour employees.

The default assumes $28 per hour, 40 hours per week, and 52 weeks — a common full-time schedule totaling 2,080 hours. Seasonal workers, substitute teachers, and retail staff with variable schedules should adjust weeks downward to reflect actual paid weeks. A summer job at 12 weeks still converts cleanly if you enter 12 instead of 52. Hospitality and agriculture workers with peak-season surges may run two scenarios — off-season and peak — to bracket realistic yearly earnings.

Overtime, shift differentials, bonuses, commissions, and tips are excluded from this calculation. If you regularly earn overtime, either add expected OT separately using our overtime calculator or increase the hours field to reflect average total hours worked per week across the year. Bonuses and commissions should be added to the annual total after this base conversion. Tip-heavy roles like bartending may understate income if you enter only the employer's base cash wage without averaged tip income.

Benefit packages differ sharply between hourly and salaried roles. A $58,000 salaried offer with full health coverage may outperform a $62,000 hourly contract that requires self-purchased insurance. This tool isolates the base wage conversion — you must evaluate total compensation, PTO, and retirement match outside the formula. Some employers limit 401(k) eligibility to salaried staff, which further widens the gap beyond headline annual pay.

Union contracts and prevailing-wage jobs sometimes specify hourly rates with guaranteed minimum hours. Enter the contracted hours and weeks to see the annual equivalent guaranteed pay. If hours fluctuate, run the calculation at both minimum and average hours to bracket your expected annual income range. Davis-Bacon and similar prevailing-wage projects publish hourly rates tied to classification — annualizing those rates helps compare public works income to private-sector salaried offers.

Pay frequency changes cash flow but not the annual math. Biweekly employees receive 26 checks per year while semi-monthly staff get 24 — per-check amounts differ even when annual gross matches. Budget planners often prefer monthly gross (annual ÷ 12) because most bills recur monthly, regardless of how many paychecks land in a given calendar month.

Worked example with defaults: $28 per hour × 40 hours × 52 weeks = $58,240 per year. Dividing by 12 gives about $4,853 per month in gross pay. That monthly figure is what lenders often annualize — but your actual take-home depends on withholding and benefit elections. A second scenario at $32 per hour with the same schedule yields $66,560 annually, illustrating how small hourly bumps compound across thousands of annual hours.

Figures shown are planning estimates, not tax or legal advice. Pay frequency affects when money arrives but not annual totals. Confirm your FLSA classification, overtime eligibility, and benefit eligibility with your employer or refer to U.S. Department of Labor wage-and-hour resources. State minimum-wage and reporting rules may require employers to document expected annual earnings for certain hourly classifications.