Salary Converter

Multiply your hourly rate by the number of hours you work per week, then multiply by 52 weeks. For example, $25/hour × 40 hours × 52 weeks = $52,000 annual salary.

Divide your annual salary by the number of work hours per year. For 40 hours/week: divide by 2,080 (40 × 52). For example, $52,000 ÷ 2,080 = $25/hour.

Bi-weekly means every two weeks (26 paychecks/year). Semi-monthly means twice per month (24 paychecks/year). Bi-weekly paychecks are slightly smaller but you get 2 extra per year.

Convert all offers to the same period (usually annual) for accurate comparison. Don't forget to factor in benefits, bonuses, and other compensation that may differ between offers.

Standard calculations use 2,080 hours per year (40 hours/week × 52 weeks). However, actual work hours vary: accounting for 2 weeks vacation = 2,000 hours, 10 holidays + 2 weeks vacation = 1,960 hours. Adjust the calculator's hours per week based on your actual work schedule and time off.

Gross salary is your total earnings before deductions. Net salary (take-home pay) is what remains after taxes, Social Security, Medicare, health insurance, retirement contributions, and other deductions. Net is typically 70-80% of gross, depending on tax bracket, state taxes, and benefit elections.

Freelancers need higher hourly rates to cover: self-employment taxes (15.3%), health insurance, retirement savings, unbillable time, equipment, and lack of paid time off. A common formula: desired salary ÷ 1,000 = hourly rate. For example, $80,000 salary ≈ $80/hour freelance rate. Adjust based on your billable hours percentage.

Non-exempt employees earn overtime (1.5× regular rate) for hours over 40/week. If you regularly work overtime, calculate your effective annual income differently. Salaried exempt employees don't earn overtime. When converting, specify 40 hours/week for standard calculation, or actual average weekly hours for total expected income.

Part-time hourly rates are often similar to full-time rates in the same role, but annual earnings are proportionally lower. However, part-time positions typically offer fewer benefits. Enter your actual hours per week in the calculator (e.g., 20 for half-time) to see accurate annual figures.