Hourly to Salary Converter
Convert between hourly pay and annual salary. Adjusts for hours per week, weeks per year, PTO, and overtime.
FINANCEConvert between hourly pay and annual salary in both directions, with adjustments for hours per week, weeks worked per year, paid time off, and overtime at 1.5x or 2.0x.
Annual salary = hourly rate × hours per week × weeks per year. The standard 40-hour, 52-week assumption gives the rule of thumb hourly × 2,080 = annual ($25/hr = $52,000/yr). For PTO-adjusted calculations, subtract 2 weeks for 2-week vacation, giving 50 working weeks. Overtime hours are multiplied by the OT factor (1.5x standard, 2.0x double-time).