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Your total gross salary per year
Standard full time is 40
Use 50 if you have 2 weeks unpaid leave

Pay Breakdown

Hourly Rate --
Daily Rate --
Weekly Pay --
Biweekly Pay --
Monthly Pay --
Total Work Hours per Year --
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How This Calculator Works

The math is straightforward. Your annual salary gets divided by your total work hours in a year. For someone working a typical 40 hour week across 52 weeks, that comes to 2,080 hours. A $50,000 salary divided by 2,080 gives you roughly $24.04 per hour.

You can adjust the hours per week and weeks per year to match your real schedule. If you work part time at 30 hours a week, change the first number. If you have two weeks of unpaid time off, set weeks to 50 instead of 52. The calculator handles the rest.

The daily rate assumes a five day work week. The biweekly figure shows what a typical paycheck looks like before deductions.

When You Need This Conversion

Comparing a salaried position to a freelance or contract rate is one of the most common reasons people look up salary to hourly conversions. A job offering $65,000 per year sounds different from a contract at $35 per hour, but the annual total might be close once you factor in hours and weeks worked.

Freelancers and consultants also use this in reverse. If you know you want to earn $80,000 a year and plan to work 45 hours a week for 48 weeks (taking a month off), your target hourly rate is about $37.04. That becomes the floor for what you charge.

Keep in mind that this calculator shows gross pay before any taxes or deductions. Your actual take home will be lower depending on your tax bracket, state taxes, and any benefits deductions from your paycheck.

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Note: This calculator shows gross pay before taxes and deductions. Your actual take home pay will be lower. This tool is for informational purposes and does not constitute financial or employment advice. Consult a tax professional for questions about your specific compensation.

Frequently Asked Questions

How do I convert salary to hourly rate?
Divide your annual salary by the number of work hours in a year. For a standard schedule that is 2,080 hours (40 hours per week times 52 weeks). A $50,000 salary works out to about $24.04 per hour.
How many work hours are in a year?
A standard full time work year has 2,080 hours. That comes from 40 hours per week multiplied by 52 weeks. If you take unpaid time off, subtract those hours. Two weeks of unpaid vacation brings it down to 2,000 hours.
Is a $20 per hour job good?
At $20 per hour working 40 hours a week for 52 weeks, you would earn $41,600 per year before taxes. Whether that is enough depends on your location and cost of living. The current federal minimum wage is $7.25 per hour, so $20 is well above the minimum.
How do I account for unpaid time off?
Reduce the weeks per year from 52 to a lower number. If you get no paid vacation and take two weeks off, use 50 weeks. This gives a more accurate hourly rate since you are earning your salary over fewer working hours.

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