How to use the salary to hourly calculator
- Choose Salary to hourly or Hourly to salary.
- Enter your pay: a yearly salary in the first mode, an hourly rate in the second.
- Set hours per week. Use the hours you are actually paid for, such as 37.5 if your schedule includes an unpaid half-hour lunch every day.
- Keep paid weeks per year at 52 if you get paid holidays and vacation. Lower it only for time off that is unpaid.
The salary to hourly calculator lists your gross pay for every common pay period. Under Workdays per week you can change the daily figure for a four-day or six-day schedule.
The salary to hourly formula
Hourly pay = yearly salary ÷ (hours per week × paid weeks per year)
For a standard full-time job, the bottom half is 40 × 52 = 2,080 hours. So a quick way to estimate in your head: divide the salary by 2,000 and knock off about 4%. A $60,000 salary is about $30 minus 4%, or $28.80 an hour; the exact answer is $28.85.
Going the other way, multiply: yearly pay = hourly rate × hours per week × weeks. The shortcut is to double the hourly rate and add three zeros. $25 an hour is about $50,000 a year; the exact answer at 2,080 hours is $52,000.
Common salaries converted to hourly pay
| Yearly salary | Per hour | Per month | Every two weeks |
|---|---|---|---|
| $30,000 | $14.42 | $2,500.00 | $1,153.85 |
| $35,000 | $16.83 | $2,916.67 | $1,346.15 |
| $40,000 | $19.23 | $3,333.33 | $1,538.46 |
| $45,000 | $21.63 | $3,750.00 | $1,730.77 |
| $50,000 | $24.04 | $4,166.67 | $1,923.08 |
| $55,000 | $26.44 | $4,583.33 | $2,115.38 |
| $60,000 | $28.85 | $5,000.00 | $2,307.69 |
| $65,000 | $31.25 | $5,416.67 | $2,500.00 |
| $70,000 | $33.65 | $5,833.33 | $2,692.31 |
| $75,000 | $36.06 | $6,250.00 | $2,884.62 |
| $80,000 | $38.46 | $6,666.67 | $3,076.92 |
| $90,000 | $43.27 | $7,500.00 | $3,461.54 |
| $100,000 | $48.08 | $8,333.33 | $3,846.15 |
| $120,000 | $57.69 | $10,000.00 | $4,615.38 |
| $150,000 | $72.12 | $12,500.00 | $5,769.23 |
| $200,000 | $96.15 | $16,666.67 | $7,692.31 |
Common hourly rates converted to yearly pay
| Hourly rate | Per year | Per month |
|---|---|---|
| $12 | $24,960 | $2,080.00 |
| $15 | $31,200 | $2,600.00 |
| $17 | $35,360 | $2,946.67 |
| $18 | $37,440 | $3,120.00 |
| $20 | $41,600 | $3,466.67 |
| $22 | $45,760 | $3,813.33 |
| $25 | $52,000 | $4,333.33 |
| $28 | $58,240 | $4,853.33 |
| $30 | $62,400 | $5,200.00 |
| $35 | $72,800 | $6,066.67 |
| $40 | $83,200 | $6,933.33 |
| $45 | $93,600 | $7,800.00 |
| $50 | $104,000 | $8,666.67 |
2,080 or 2,087 hours?
Most private employers use 2,080 hours a year. The federal government uses 2,087. The U.S. Office of Personnel Management explains why: 2,080 assumes a year of exactly 52 weeks, but a calendar year has 365 or 366 days, so most years contain a day or two more of workdays. Averaged over a long cycle of calendar years, that comes to about 2,087 hours.
The difference is small but real. On a $52,000 salary, 2,080 hours gives $25.00 an hour and 2,087 gives $24.92. If you are a federal employee, or comparing against a federal pay table, set paid weeks to 52.175 to match.
Pay periods: weekly, biweekly, semimonthly, monthly
- Weekly: 52 paychecks a year. Common for hourly work in construction, retail and restaurants.
- Biweekly (every two weeks): 26 paychecks. In most years two months have three paydays, which many people use as a built-in savings boost.
- Semimonthly (twice a month): 24 paychecks, usually on the 15th and the last day of the month. Each check is a little bigger than a biweekly one on the same salary.
- Monthly: 12 paychecks. Less common in the U.S. and some states limit it.
The salary to hourly calculator shows all of them so you can check a pay stub against your offer letter.
Comparing a salaried offer with an hourly job
The hourly figure is a starting point, not the full story. Before you decide between offers, adjust for:
- Real hours. A $65,000 salary is $31.25 an hour at 40 hours a week but only $25 an hour if the job really takes 50. Enter your expected hours to see the true rate.
- Overtime. Hourly and other non-exempt workers get 1.5 times their regular rate for hours over 40. Most salaried professionals do not. Under current federal rules, salaried workers paid less than $684 a week ($35,568 a year) are generally owed overtime, and some states set a higher bar.
- Paid time off and holidays. An hourly job without paid leave pays nothing for the weeks you take off. Lower the paid weeks to see the effect.
- Benefits. Health insurance, retirement matching and paid leave can be worth thousands a year. A 401(k) match alone can add 3% to 6% of pay; the 401(k) calculator shows what that grows into.
How your rate compares with the minimum wage
The federal minimum wage is $7.25 an hour, or $15,080 a year at 2,080 hours, and it has not changed since 2009. Most states and many cities set a higher minimum, and the higher rate is the one that applies to you. If the calculator shows an hourly figure below your local minimum for a non-exempt job, it is worth a conversation with your employer or your state labor department.
What a raise is worth
Every $1 an hour is worth $2,080 a year on a full-time schedule. A $2 raise on $20 an hour is a 10% raise and adds $4,160 a year before taxes. Going the other way, a $5,000 salary bump is worth about $2.40 an hour.
Track your actual hours for a week with the hours calculator, then plug the total in here for your true hourly rate. If you work overtime, the no tax on overtime calculator estimates the federal deduction you can claim on it. Try your own numbers and copy the link to compare offers side by side.