How to Convert Hourly Pay to Annual Earnings
Multiply your hourly wage by your hours per week, then multiply by your paid weeks per year.
Annual earnings = Hourly wage × Hours per week × Paid weeks per year
Monthly average = Annual earnings ÷ 12
Example: $20 an Hour, 40 Hours a Week
Weekly: $20 × 40 = $800
Biweekly (two paid weeks): $800 × 2 = $1,600
Annual: $800 × 52 = $41,600
Monthly average: $41,600 ÷ 12 = $3,466.67
At these hours and 52 paid weeks, $20 an hour equals $41,600 in annual gross earnings.
Common Hourly to Salary Questions
Is this my take-home pay?
No. The calculator shows gross earnings before taxes and other deductions.
Can I use this for part-time work?
Yes. Enter your usual paid hours per week. For example, $20 an hour for 20 hours per week and 52 paid weeks gives $20,800 per year.
What if I have unpaid time off?
Reduce the paid weeks. For example, use 50 if you work a 52-week schedule with two unpaid weeks off. Weekly and biweekly figures describe paid working weeks; annual earnings and the monthly average reflect the paid weeks you enter.
Does biweekly mean twice a month?
Here, biweekly means two paid weeks. The monthly result is annual earnings divided by 12, so it is an average rather than a prediction of a particular paycheck.
Does it include overtime?
No. This calculator applies your entered hourly wage to every hour. It does not add a higher rate for overtime.