Hourly to Salary Calculator: Know Your True Annual Pay
Whether you are negotiating a job offer, comparing freelance rates to a full-time salary, or planning a budget, knowing the full-year equivalent of your hourly rate is essential. Our Hourly to Salary Calculator converts your wage across every pay period — annual, monthly, bi-weekly, weekly, and daily — with full control over your working schedule.
US standard full-time year = 8h × 5d × 52wk = 2,080 hours.
The 2,080-Hour Standard
The US Bureau of Labor Statistics defines the standard full-time work year as 2,080 hours (52 weeks × 40 hours). This is the baseline most employers use when quoting annual salaries. At $50/hour, that is $104,000/year. Adjusting for 2 weeks of vacation (50 × 40 = 2,000 hours) brings the total to $100,000/year — a significant difference when comparing offers.
Freelance vs Salaried Comparison
Freelancers must account for unbillable hours — client acquisition, admin, invoicing, and downtime between contracts. A common rule is that only 60-70% of a freelancer's working hours are billable. If you bill $75/hour but only bill 30 hours of a 40-hour week, your effective rate is $56.25/hour. Factor this into the working-hours slider to compare fairly against salaried offers.
Working Weeks and Time Off
A standard 52-week year includes federal holidays and paid vacation in most salaried roles. If your hourly contract has unpaid time off, reduce the working weeks slider accordingly. Two weeks unpaid → 50 weeks. Four weeks off → 48 weeks. The annual total adjusts immediately, giving you an honest comparison.
4-Day Week and Part-Time
The 4-day work week is growing in adoption. At 32 hours/week (8h × 4 days) vs the standard 40 hours, you are working 80% of the time. At the same hourly rate, your annual pay scales proportionally: $100/hour × 32h × 52wk = $166,400/year vs $208,000 for 40h/week. Use the preset buttons to switch schedules instantly.
Practical Examples
Evaluating a job offer
Comparing a $55/hr contract to a $108,000 salaried role.
- 1.Set hourly rate to $55, keep standard 8h × 5d × 52wk
- 2.Annual result: $114,400 — higher than the $108,000 offer
- 3.But subtract $6,000 for no employer health insurance
- 4.Effective comparison: $108,400 vs $108,000 — nearly equal
Part-time income planning
Working 20 hours/week to supplement income.
- 1.Set hourly rate to $40, hours per day to 4, days per week to 5
- 2.Weekly pay: $800 · Monthly: $3,467 · Annual: $41,600
- 3.Reduce to 48 working weeks to account for holidays
- 4.Adjusted annual: $38,400
Frequently Asked Questions
How is the annual salary calculated from hourly rate?
Annual salary = Hourly rate × Hours per day × Days per week × Working weeks per year. The default uses 8 hours/day × 5 days/week × 52 weeks = 2,080 hours per year, which is the standard full-time US work year.
What is the standard number of working hours in a year?
The US standard is 2,080 hours (52 weeks × 40 hours/week). However, if you take 2 weeks of paid time off, your paid working hours drop to 2,000 (50 weeks × 40 hours). This calculator lets you set any value.
How is monthly salary calculated?
Monthly salary = Annual salary ÷ 12. This gives you the average monthly pay across the full year, regardless of how many actual working days fall in each calendar month.
What does bi-weekly pay mean?
Bi-weekly means every two weeks — 26 pay periods per year. Bi-weekly pay = Annual salary ÷ 26. This is the most common pay schedule for salaried employees in the US.
How do I account for vacation or unpaid time off?
Use the 'Working Weeks per Year' slider. If you take 2 weeks of unpaid vacation, set it to 50 weeks. For 4 weeks off, use 48 weeks. This reduces your annual total to reflect actual paid time.
What is a 4-day work week equivalent annual salary?
With a 4-day week (8h/day, 4 days/week, 52 weeks = 1,664 hours/year), your annual salary is 80% of a standard 5-day schedule. At $50/hour, a 5-day week gives $104,000/year while a 4-day week gives $83,200/year.
Does this include overtime or tax?
No. This calculator shows gross pre-tax pay at your standard rate. Overtime (typically 1.5× for hours over 40/week) and tax deductions are not included. For net take-home, deduct your effective tax rate from the annual figure.
How do I convert a salary back to hourly rate?
Reverse the formula: Hourly rate = Annual salary ÷ (Hours per day × Days per week × Working weeks). For a $100,000 salary on a standard 2,080-hour year: $100,000 ÷ 2,080 = $48.08/hour.