Salary / Hourly Wage Converter

How it works

Converting between hourly wages and annual salaries is one of the most frequent calculations during a job search. Job postings often advertise either an hourly rate or an annual salary, and benchmarking offers requires translating one to the other.

The basic conversion is hourly × hours-per-week × weeks-per-year = annual. The most common assumption is 40 hours per week × 52 weeks per year = 2,080 hours annually. So a $30 per hour wage equates to $62,400 a year if the worker is paid for every hour of every week. This calculator lets you adjust both factors — useful for part-time workers, salaried workers with paid time off, or contractors who set aside unpaid weeks.

Salaried roles vs. hourly roles differ beyond just the math. Salaried (exempt) employees in the US generally do not earn overtime pay — they receive the same salary regardless of hours worked, which can be advantageous in lighter weeks but penalize you when working 60-hour stretches. Hourly (non-exempt) employees earn overtime at 1.5× their regular rate for hours over 40 in a week, which can substantially boost annual earnings.

When comparing job offers, also factor in benefits: employer-paid health insurance can be worth $5,000–20,000 a year. A 401(k) match of 4% of salary on a $75,000 salary is $3,000 of free money. Paid time off, parental leave, education stipends, and remote work flexibility all have monetary value.

Use this calculator to do quick comparisons, then layer in the qualitative factors and benefits to get a true offer-to-offer comparison.