How do I convert salary to hourly rate?

Divide your annual salary by the number of hours you work per year. For a standard 40-hour week × 52 weeks = 2,080 hours, a $60,000 salary ≈ $28.85/hr. Subtract unpaid PTO hours if relevant.

How do I convert hourly to annual salary?

Multiply your hourly rate by hours worked per week, then by weeks worked per year. $25/hr × 40 hr × 52 wks = $52,000/yr.

Does this account for taxes?

No. All figures are pre-tax (gross). For take-home estimates, use the Tax Bracket Calculator with federal, state, and FICA deductions.

What about PTO and holidays?

Enter your paid days off; the tool assumes paid PTO does not reduce your annual salary but does reduce hours-worked when computing the hourly equivalent. Unpaid time off would reduce the annual figure.

Salary to Hourly Converter

Finance· 18 tools

Free two-way salary ↔ hourly converter. Enter any pay rate and choose its frequency (hourly, weekly, biweekly, semimonthly, monthly, or annual) to see all other equivalents. Customize the work week (default 40 hrs), weeks worked per year (default 52), and PTO/holiday days so the conversion reflects your actual schedule.

Pay amount (USD)

Pay frequency

Hours per week

Weeks per year

Paid days off per year (PTO + holidays)

Paid time off lowers the hours-worked divisor, lifting the effective hourly rate for a fixed salary.

All figures are pre-tax. Biweekly = 26 checks/yr · semimonthly = 24.

Hourly rate

$28.85

2080 work hours/yr

Daily

$230.77

Weekly

$1,153.85

Biweekly

$2,307.69

Semimonthly

$2,500.00

Monthly

$5,000.00

Annual

$60,000

Frequently Asked Questions

References

Fair Labor Standards Act — Overtime Pay — US Department of Labor

Related Tools

Paycheck Calculator (US)
Estimate take-home pay from gross salary — federal, Social Security, Medicare, and optional state tax.
Tax Bracket Calculator (Federal + State + FICA)
Estimate total US tax: federal income tax, state income tax (all 50 states + DC), and FICA. See take-home pay, effective rate, and marginal rate.
Sales Tax Calculator
Calculate sales tax in both directions — add tax to a price or back it out of a total.

Frequently Asked Questions

References and sources

Related Tools