Quick answer: multiply your hourly rate by hours worked per week, then by weeks worked per year. Our free Hourly to Salary Calculator does this instantly, including monthly and weekly breakdowns.
The Formula
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year. At the common full-time schedule of 40 hours/week for 52 weeks, that's 2,080 total hours per year — so you can shortcut by multiplying your hourly rate by 2,080.
Example
At $25/hour, working 40 hours/week for 52 weeks: $25 × 40 × 52 = $52,000/year, or about $4,333/month.
Accounting for Unpaid Time Off
If you take unpaid vacation or don't work all 52 weeks, reduce the "weeks per year" number in the calculator to reflect only the weeks you're actually paid for a more accurate figure.
Frequently Asked Questions
What's the quick shortcut for 40 hours/week?
Multiply your hourly rate by 2,080 (40 hours × 52 weeks) to get your annual salary equivalent.
Is this before or after taxes?
This is gross pay, before any taxes or deductions. Use a take-home pay calculator for net pay.
Does this include overtime?
No, this assumes a flat hourly rate for all hours entered; overtime premium isn't calculated separately.
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