Hourly to Annual Salary Guide

Convert hourly pay into an estimated annual income that reflects your real work year.

Convert instantly with /finance/hourly-to-salary-calculator and compare pay periods.

Key inputs

• Hourly rate
• Hours worked per week
• Weeks worked per year
• Paid time off and unpaid gaps

Formula

Annual salary ≈ hourly rate × hours/week × weeks/year

Adjust weeks/year for PTO, holidays, and realistic downtime (e.g., 48–50 weeks).

Example

$22/hour × 40 hrs/week × 50 weeks ≈ $44,000/year

Tips

• Include overtime when applicable (time-and-a-half)
• Account for unpaid leave or seasonal slowdowns
• Compare monthly, biweekly, and bimonthly equivalents

FAQs

Why doesn’t 52 weeks always apply?

Most people don’t work all 52 weeks due to holidays and time off.

Should I include overtime?

Yes, if it’s consistent. For fluctuating overtime, model a range.