Convert between annual, monthly, weekly and hourly pay in a few clicks — useful for comparing job offers or estimating take-home pay. Figures are based on standard US pay conventions.
Hourly rate = annual salary ÷ (hours/week × weeks/year) = 65,000 ÷ (10 × 10) = 650.
Salary can be expressed as an annual figure or broken into hourly, daily, weekly, biweekly, or monthly amounts. Converting between them requires knowing the number of working hours or pay periods involved, since a "month" and "year" don't divide evenly into weeks.
A salary of $60,000/year, assuming a standard 40-hour week and 52 weeks, works out to roughly $28.85/hour, $230.77/day, and $5,000/month.
Gross pay is the full amount before any deductions. Net (take-home) pay subtracts income tax withholding, payroll taxes (like Social Security and Medicare in the US), and any voluntary deductions such as retirement contributions or health insurance premiums.
| Period | Gross amount |
|---|---|
| Hourly | $28.85 |
| Daily (8 hrs) | $230.77 |
| Weekly | $1,153.85 |
| Biweekly | $2,307.69 |
| Monthly | $5,000.00 |
| Hourly rate | Annual salary |
|---|---|
| $15/hour | $31,200/year |
| $18/hour | $37,440/year |
| $20/hour | $41,600/year |
| $22/hour | $45,760/year |
| $25/hour | $52,000/year |
| $30/hour | $62,400/year |
| $35/hour | $72,800/year |
| $40/hour | $83,200/year |
| $50/hour | $104,000/year |
Formula: annual salary = hourly rate × hours per week × weeks per year. A standard full-time schedule uses 40 hours/week and 52 weeks/year (2,080 hours total), before accounting for unpaid time off.
Example 1 — Hourly to annual for a part-time role: $22/hour at 25 hours/week: 22 × 25 × 52 = $28,600/year.
Example 2 — Comparing two job offers: Offer A: $75,000/year salaried. Offer B: $38/hour at 40 hrs/week = 38 × 40 × 52 = $79,040/year — Offer B pays more on paper, but check whether it includes paid time off, since hourly roles sometimes don't.
Example 3 — Including overtime: A $25/hour worker who regularly logs 45 hours/week earns 40 × 25 + 5 × 37.50 (1.5× rate) = $1,000 + $187.50 = $1,187.50/week, or about $61,750/year — noticeably more than the base 40-hour rate would suggest.
Is biweekly the same as twice a month? No — biweekly means every two weeks (26 pay periods/year), while semi-monthly means twice a month on fixed dates (24 pay periods/year).
How many working hours are in a year? A standard full-time schedule (40 hrs/week × 52 weeks) totals 2,080 hours per year, before accounting for holidays or leave.
Why is my paycheck less than my gross pay divided evenly? Taxes and deductions are typically calculated per pay period and can vary slightly depending on the withholding method used.
How do I compare a salaried offer to an hourly offer? Convert both to the same annual gross figure using the standard conversion formula, then also compare benefits, paid time off, and typical hours worked, since those affect the offers' real value beyond the base rate.
Does this calculator account for unpaid holidays or vacation? No — it assumes a full 52 working weeks; if your schedule includes unpaid time off, your actual annual earnings will be somewhat lower than the calculated figure.
How is overtime pay typically calculated in the US? Federal rules generally require 1.5× the regular hourly rate for hours worked beyond 40 in a week for non-exempt employees, though some states and situations have additional rules.
$25 an hour is how much a year? At a standard 40 hours/week and 52 weeks/year, $25/hour works out to $52,000/year before taxes ($25 × 40 × 52).
What's the difference between gross salary and total compensation? Gross salary is only the cash wage before taxes; total compensation adds the value of benefits like health insurance, retirement matching, bonuses, and stock, which can meaningfully exceed the base salary figure.
How do I convert hourly pay to a salary? Multiply your hourly rate by the number of hours you work per week, then by 52 weeks — for example, $20/hour at 40 hours/week works out to $41,600/year before taxes.
How do I estimate take-home pay from gross salary? Subtract estimated taxes and any pre-tax deductions (401(k), health premiums) from your gross salary — see our gross vs net pay guide for the full breakdown.
A $65,000 annual salary works out to roughly $31.25/hour, $1,250/week, and $5,417/month, assuming a standard 40-hour work week and 52 paid weeks per year.
Gross pay: Total earnings before taxes and deductions.
Net pay: Take-home pay after taxes and deductions.
FTE: Full-Time Equivalent — typically based on a standard 40-hour work week.
What's the difference between gross and net salary?
Gross salary is your total pay before any deductions. Net salary (take-home pay) is what's left after taxes, insurance, and retirement contributions are withheld.