Hourly to Annual Salary Calculator

Convert hourly pay to annual salary or the other way around, with monthly and daily estimates. Gross pay, based on 52 paid weeks.

Annual salary
$48,750
52 paid weeks
Monthly pay
$4,062.50
Daily pay
$187.50
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How to use the calculator

  1. Choose which way to convert and enter gross hourly or annual pay.
  2. Enter the weekly hours corresponding to that pay. Do not mix part-time annual pay with full-time hours.
  3. Read the equivalent pay, assuming 52 paid weeks and five days per week. Unpaid leave, overtime, holiday pay adjustments and tax are not modelled.

How the pay is calculated

Annual salary = Hourly pay × Hours per week × 52
Annual hours = Hours per week × 52
Hourly pay = Annual salary ÷ Annual hours
Monthly pay = Annual salary ÷ 12  ·  Daily pay = Annual salary ÷ 260

Example: $25/hour × 37.5 hours/week × 52 weeks = $48,750/year. Reversing the calculation gives $25/hour.

37.5 hours a week is a common standard for many office positions, but this varies. Shift work often has a shorter work week, sometimes around 35 hours, while some industries use 40 hours as the baseline. Check your employment contract for the exact figure.

Daily pay is calculated using 260 working days per year (5 days × 52 weeks), a common rule of thumb regardless of actual holidays and vacation.

Note: All amounts above are gross pay, i.e. before tax.

Frequently asked questions

Why 37.5 hours per week as the default?

37.5 hours is one possible contractual work week, not a universal rule. Use the weekly hours stated in your own employment contract.

How does a part-time position affect the hourly rate?

At the same hourly rate, fewer hours mean lower annual pay. Enter annual salary and weekly hours for the same employment percentage, or start with your hourly rate.

Is this gross or net pay?

All figures in this calculator are gross, i.e. pay before tax and other deductions.

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