Hourly to Salary Calculator
Overtime baked into the annual number, unpaid time off subtracted honestly, and the reverse direction on the same page - what your rate really adds up to, and what a salary offer really pays per hour.
Annual gross salary
$54,340
$8,580 of that comes from overtime - effective rate $23/hr
Per-period equivalents
- Weekly
- $1,045
- Biweekly
- $2,090
- Monthly
- $4,528
- Annual
- $54,340
Real hourly rate across a full 52-week year: $23/hr (52 paid weeks).
How to use this calculator
- Enter your rate and typical weekly hours - include the overtime you reliably work, since it changes the annual figure substantially.
- Subtract any unpaid weeks (common in hourly roles) to see your honest annual number and real hourly rate.
- Comparing against a salaried offer? Flip to salary → hourly and check what that offer pays per hour of your life.
How it works: the math
Weekly pay is rate x regular hours plus rate x multiplier x overtime hours; the annual figure multiplies by weeks actually paid. Overtime uses the FLSA minimum of 1.5x past 40 hours (2x selectable for double-time schedules). The "real hourly rate" divides annual pay across the full year’s schedule - revealing what unpaid weeks quietly cost.
A fully worked example with realistic US numbers. At $22/hour with 40 regular and 5 overtime hours weekly: the week pays $880 regular + $165 overtime = $1,045, and a full 52-week year totals$54,340 - $8,580 of it from overtime, for an effective $23/hour. In reverse: a $62,000 salaried offer at 40 hours works out to$30/hour - useful the next time a recruiter calls an hourly-to-salary move a raise.
Overtime rules per the Fair Labor Standards Act - see the Department of Labor’s overtime page atdol.gov. Figures are gross pay; taxes and deductions vary by state and withholding.
Common hourly-to-salary conversions
Annual income at 40 hours a week, 52 weeks, no overtime - so $25 an hour is $52,000 annually, and every $1/hour is worth $2,080 a year.
| Hourly rate | Annual salary | Monthly |
|---|---|---|
| $15.00/hour | $31,200 | $2,600 |
| $18.00/hour | $37,440 | $3,120 |
| $20.00/hour | $41,600 | $3,467 |
| $22.00/hour | $45,760 | $3,813 |
| $25.00/hour | $52,000 | $4,333 |
| $28.00/hour | $58,240 | $4,853 |
| $30.00/hour | $62,400 | $5,200 |
| $35.00/hour | $72,800 | $6,067 |
| $40.00/hour | $83,200 | $6,933 |
| $45.00/hour | $93,600 | $7,800 |
| $50.00/hour | $104,000 | $8,667 |
Frequently asked questions
How much is $22 an hour per year with overtime?
At 40 regular hours, $22/hour is $45,760 a year. Add a steady 5 hours of weekly overtime at time-and-a-half and it becomes $54,340 - the overtime alone contributes $8,580. Regular overtime changes the answer far more than small raises do, which is why this calculator treats it as a first-class input rather than a footnote.
How do I convert my hourly wage to an annual salary?
Multiply your rate by weekly hours, then by weeks worked: rate x 40 x 52 for a standard year, which is the familiar "hourly x 2,080" shortcut. Overtime hours multiply by your rate times 1.5 first. The math is simple; what people miss is unpaid time off - every unpaid week deletes a full week of pay from the annual figure.
Is overtime always paid at time and a half?
Federal law (FLSA) requires at least 1.5x your regular rate past 40 hours a week for non-exempt workers. Some states go further - California adds daily overtime past 8 hours and double time past 12. Employers can also pay more by policy. The multiplier field defaults to 1.5x but accepts 2x for double-time-heavy schedules.
Are salaried employees ever owed overtime?
Yes - salaried does not automatically mean exempt. Exemption depends on duties AND a salary threshold set by the Department of Labor; salaried workers under the threshold, or whose duties do not qualify as executive/administrative/professional, are owed time-and-a-half like anyone else. Misclassification is one of the most common wage violations.
How many working hours are in a year?
2,080 is the standard: 40 hours x 52 weeks. Subtract typical US paid time off (10 holidays + 15 vacation days = 200 hours) and most full-timers actually work about 1,880. The 2,080 convention persists because salaried pay covers the PTO - which is exactly why unpaid time off hits hourly workers harder than an equivalent salary suggests.
Does my annual number here match what I will actually take home?
No - this page computes gross pay, before federal and state taxes, Social Security, Medicare, and any benefits deductions. Take-home is typically 70-80% of gross depending on your state and withholdings. Gross is the number for comparing job offers; pair it with a paycheck calculator when you need the deposit-in-bank figure.
How does unpaid vacation change my real yearly pay?
Directly and linearly: two unpaid weeks at $1,045 a week is $2,090 gone, and your "real" hourly rate - annual pay spread over the full year’s schedule - drops with it. This is the hidden pay cut in many hourly jobs versus salaried ones with PTO, and the calculator surfaces it as its own line so offers compare honestly.
What is a good hourly rate equivalent for a $60,000 salary?
About $28.85 at 40 hours a week ($60,000 / 2,080). A quick mental shortcut: halve the thousands - $60k is roughly $30/hour, $80k roughly $40. The shortcut overstates slightly, but it is accurate enough to sanity-check a recruiter’s pitch in real time.
Why do biweekly and semimonthly paychecks differ?
Biweekly means 26 paychecks (every two weeks); semimonthly means 24 (twice a month). Same annual pay, different slice sizes: a $54,340 year is $2,090 biweekly but $2,264 semimonthly. Biweekly schedules also produce two months a year with three paychecks - a budgeting quirk worth knowing about your own payroll.
Does shift differential count toward overtime pay?
Yes. Under the FLSA, shift differentials (extra pay for nights or weekends) fold into your "regular rate" before the 1.5x overtime multiplier is applied - overtime on a $22 base with a $2 differential is calculated on $24. Employers who compute overtime on base pay alone are underpaying, and it is worth checking a stub.
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