Salary to Hourly Calculator

How to calculate your hourly rate?

Converting your annual salary to an hourly rate is a crucial step for professionals to accurately compare job offers with different schedules and benefits, ensuring you understand your true earning potential across different employment structures.

Hourly Rate = Annual Salary / (Hours per Week × Weeks per Year)

Using the salary calculator: an example

Imagine you have an annual salary of $60,000. You work a standard 40-hour work week and take 2 weeks of unpaid leave, meaning you work 50 weeks per year.

Step-by-step calculation:

1. Calculate total annual hours (40 hours/week x 50 weeks/year = 2,000 hours)
2. Divide your gross annual salary by total hours ($60,000 / 2,000 hours)
3. The result is a base rate of $30.00 per hour.

Frequently Asked Questions

Does this include overtime?
This calculation determines your base pay rate based on standard hours. Any overtime hours worked would typically be paid at a higher rate (such as time-and-a-half) and would be considered extra income on top of this base.

How should I handle paid time off?
If your time off is paid (vacation, holidays, or sick leave), you should include those weeks in your total. Usually, for a full-time salaried position with benefits, you would calculate based on 52 weeks per year.

Is this before or after taxes?
This calculation uses gross income, which is your total earnings before any deductions. Your "take-home" hourly rate would be lower after accounting for income tax, social security, and other withholdings.