Hourly to Annual Salary Calculator

Converting hourly wages to an annual salary isn't as simple as multiplying by 2,080 (40 hours × 52 weeks). Your actual working hours, paid time off, and work schedule all impact your true annual earnings. This calculator helps you understand your real annual income based on your specific work pattern.

How to use this calculator

1. Enter your pay rate (hourly, daily, weekly, or monthly)
2. Adjust your working hours per week (default is 40 hours)
3. Customize your work period in days, weeks, or months
4. View your calculated annual salary and detailed breakdowns

Understanding your work time

Standard work year

A typical full-time work year in the United States consists of:

• 52 weeks
• 260 working days (52 weeks × 5 days)
• 2,080 hours (40 hours × 52 weeks)

Time off considerations

Your actual working time might be less due to:

• Paid holidays (typically 10-12 days)
• Vacation days (often 10-20 days)
• Sick leave
• Personal days
• Unpaid leave

How the calculation works

The calculator uses this basic formula to determine your annual salary:

For hourly rates: $\text{Annual Salary} = \text{Hourly Rate} × \text{Hours per Week} × \text{Weeks per Year}$

For daily rates: $\text{Annual Salary} = \text{Daily Rate} × \text{Working Days per Year}$

For weekly rates: $\text{Annual Salary} = \text{Weekly Rate} × \text{Weeks per Year}$

For monthly rates: $\text{Annual Salary} = \text{Monthly Rate} × 12$

Work period conversions

The calculator automatically converts between different work periods using these standard ratios:

• 1 month ≈ 21.67 working days
• 1 month ≈ 4.33 weeks
• 1 week = 5 working days

Understanding your results

The calculator provides two key insights:

1. Salary at different intervals: See your earnings broken down into monthly, weekly, daily, and hourly amounts.

2. Time distribution: View how your work time is distributed throughout the year, including:

   • Working vs. non-working months
   • Working vs. non-working days
   • Working vs. non-working weeks
   • Working vs. non-working hours

This helps you understand not just how much you earn, but also how your work time is distributed throughout the year.

Common annual salary calculations

Here are some common scenarios:

• Full-time (40 hours/week, 52 weeks): 2,080 hours per year
• Full-time with 2 weeks vacation (40 hours/week, 50 weeks): 2,000 hours per year
• Part-time (20 hours/week, 52 weeks): 1,040 hours per year
• Contract work (40 hours/week, 48 weeks): 1,920 hours per year

Remember that your actual working hours might differ from these standard examples based on your specific employment situation.