Hourly to Salary Calculator
Convert an hourly wage into weekly, monthly and annual salary.
What the Hourly to Salary Calculator does
Multiply your hourly rate by weekly hours and paid weeks to get annual pay. Contractors should subtract unpaid leave, since no holiday means fewer paid weeks than a salaried equivalent.
Formula
Annual = Hourly rate × Hours per week × (Weeks − Unpaid leave)
Inputs explained
| Input | Unit | Required | Notes |
|---|---|---|---|
| Hourly rate | selected currency | Yes | Accepts more than 0. |
| Hours per week | number | Yes | Accepts 1 or more, up to 168. |
| Working weeks per year | number | Yes | Accepts 1 or more, up to 52. |
| Unpaid leave weeks | number | Optional | Accepts 0 or more, up to 52. |
| Currency | one of 10 options | Optional | — |
How to use it
- Choose Currency.
- Enter Hourly rate, Hours per week and Working weeks per year.
- Optionally add Unpaid leave weeks.
- Select Calculate.
Worked example
$32 an hour, 37.5 hours a week, 2 weeks unpaid leave.
- Rate
- 32
- Hours
- 37.5
- Weeks
- 52
- Unpaid
- 2
32 × 37.5 × 50 = $60,000 a year.
Frequently asked questions
How much should a contractor charge to match a salary?
Add roughly 20–30% to cover unpaid leave, self-employment taxes, insurance and the absence of employer benefits.