How to use this calculator
Enter your annual salary, the hours you usually work each week and how many weeks a year you are paid for. If you get paid vacation and holidays, leave weeks at 52: you are paid for those weeks even though you are not working them.
The result is your gross hourly rate, before federal and state income tax, Social Security, Medicare and any deductions such as health insurance or retirement contributions.
Example
Example
A $52,000 salary at 40 hours a week for 52 weeks is $52,000 ÷ 2,080 hours = $25.00 an hour. If the same job expects 45 hours a week, the effective rate drops to $52,000 ÷ 2,340 = $22.22 an hour.
Why your hourly rate matters
- Comparing job offers. A higher salary with longer expected hours can pay less per hour than a lower salary with a 40-hour week.
- Pricing side work. Your salaried hourly rate is a useful floor when quoting freelance work.
- Overtime eligibility. Some salaried workers are still entitled to overtime. See our guide to calculating overtime pay.
Going the other direction? Use the hourly to salary calculator.