CalcLibrary

Hourly Wage to Annual Salary Calculator

See what an hourly rate works out to as a yearly, monthly, and weekly salary — or run it the other way and find the hourly rate behind a posted salary. Adjust hours per week, vacation, and holidays to match your situation.

Examples

Full-time, hourly to salary

$50 per hour at 40 hours per week, with 25 vacation days and 8 paid holidays — about a $90.8K/year result.

Direction
Hourly → Salary
Hourly Rate
$50
Annual Salary
$52,000
Hours per Week
40 h
Vacation Days
25 days/year
Paid Holidays
8 days/year
Annual Salary
$90,800.00
Hourly Rate
$50.00
Monthly Equivalent
$7,566.67
Weekly Equivalent
$2,000.00
Working Weeks per Year
45.4 weeks

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How It Works

Formula

W=52−V+H5W = 52 - \dfrac{V + H}{5}

Sannual=Rhour×h×WS_{\text{annual}} = R_{\text{hour}} \times h \times W

Rhour=Sannualh×WR_{\text{hour}} = \dfrac{S_{\text{annual}}}{h \times W}

Variables, symbols and units

WW

Working weeks per year(weeks)

VV

Vacation days per year(days)

HH

Paid holidays per year(days)

hh

Hours worked per week(hours)

RhourR_{\text{hour}}

Hourly rate

SannualS_{\text{annual}}

Annual salary (gross)
Calculation method explained

Working weeks per year = 52 − (vacation + holidays) ÷ 5. From there, annual salary = hourly rate × hours per week × working weeks. The reverse direction divides annual salary by the same denominator to back out the hourly rate.

Examples

Full-time, hourly to salaryHourly → Salary · $50 → $90,800.00

$50 per hour at 40 hours per week, with 25 vacation days and 8 paid holidays — about a $90.8K/year result.

Direction
Hourly → Salary
Hourly Rate
$50
Annual Salary
$52,000
Hours per Week
40 h
Vacation Days
25 days/year
Paid Holidays
8 days/year
Annual Salary
$90,800.00
Annual salary back to hourlySalary → Hourly · $25 → $30.99

A $60,000/year salary with 10 vacation days and 8 paid holidays works out to roughly $30/hour.

Direction
Salary → Hourly
Hourly Rate
$25
Annual Salary
$60,000
Hours per Week
40 h
Vacation Days
10 days/year
Paid Holidays
8 days/year
Hourly Rate
$30.99
Part-time, hourly to salaryHourly → Salary · $22 → $26,620.00

A $22/hr part-time job at 25 hours per week with 10 vacation days and 8 holidays — about $26.6K/year.

Direction
Hourly → Salary
Hourly Rate
$22
Annual Salary
$52,000
Hours per Week
25 h
Vacation Days
10 days/year
Paid Holidays
8 days/year
Annual Salary
$26,620.00

Frequently Asked Questions

Should I count vacation days in working weeks?
Enter the paid days off you want excluded from working time. The calculator subtracts (vacation + holidays) ÷ 5 from 52, using five workdays per modeled week.
Why do the example time-off numbers differ?
They are only examples. Enter your own vacation days and paid holidays so the working-weeks estimate matches the setup you want to model.
Is this gross or net?
Gross. The calculator does not subtract taxes or other deductions. If you need an after-deduction estimate, adjust the result separately.
What about overtime or bonuses?
Not included. The result only uses the hourly rate, weekly hours, vacation days, and paid holidays you enter. Add any extra amounts separately if you want them included.
Can I use this for part-time or freelance work?
Yes. Enter the weekly hours and paid days off you want to model. The result follows those inputs and does not add any separate adjustments.

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