How do you convert an hourly rate to an annual salary?

Multiply the hourly rate by the hours worked each week, then by the number of paid weeks in the year. For example, 15 per hour at 40 hours a week for 52 weeks is 15 x 40 x 52 = 31,200 a year.

How do unpaid weeks off affect the result?

Unpaid weeks are subtracted from the weeks worked per year before the annual figure is calculated, so taking unpaid leave lowers your yearly total even though your hourly rate is unchanged.

How is monthly pay worked out?

The annual total is divided by 12, so each month is one twelfth of the year. This evens out the fact that months have different numbers of days, which is how salaried pay is usually quoted.

Does it handle different currencies?

Yes. Pick your currency and the annual, monthly and weekly figures are formatted in it. The maths is identical regardless of currency.

What is the full-time annual equivalent of my wage?

For a standard full-time pattern, use 40 hours a week and 52 paid weeks. Multiply your hourly rate by 2,080 (40 x 52) for the gross full-time annual figure.

Are these figures before or after tax?

They are gross — before income tax and deductions. For take-home pay use a salary tax calculator for your country. Everything here is calculated privately in your browser.

Hourly to Annual Salary Calculator

Hourly to annual salary calculator

Quote your rate by the hour but want to know what it is worth per year? This tool converts an hourly wage into annual, monthly and weekly pay, so you can compare a job offer, plan a budget, or check whether a contract rate matches a salary. Choose your currency and all figures format to match.

How it works

The calculator multiplies your inputs in order:

Weekly pay = hourly rate × hours per week
Paid weeks = weeks per year − unpaid weeks off
Annual pay = weekly pay × paid weeks
Monthly pay = annual pay / 12

Subtracting unpaid weeks before calculating the annual figure means time off without pay lowers your yearly total even though the hourly rate is unchanged. All results are gross — before tax and deductions.

Example

At 15 per hour, 40 hours/week, 52 weeks, 0 unpaid:

Weekly = 15 × 40 = 600
Annual = 600 × 52 = 31,200
Monthly = 31,200 / 12 = 2,600

Take 4 unpaid weeks and paid weeks drop to 48, so annual = 600 × 48 = 28,800.

Hours/week	Paid weeks	Annual (at 15/hr)
40	52	31,200
40	48	28,800
37.5	52	29,250

It accounts for your hours per week and any unpaid weeks off, so the annual figure reflects how much you actually work. All gross figures, calculated instantly and privately in your browser.