Complete Breakdown
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How to Use the Calculator
1. Choose Your Conversion
Select whether you want to convert from annual salary to hour rate, or from hourly rate to annual salary.
2. Enter Your Information
Input your salary or hourly rate, along with your working hours per week and weeks per year. You can also add paid time off.
3. Get Instant Results
See your complete breakdown including yearly, monthly, bi-weekly, weekly, daily, and hourly rates instantly.
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Frequently Asked Questions
To calculate your hourly rate from annual salary, divide your annual salary by the number of hours you work per year. The standard calculation is:
Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)
For example, if you earn $60,000 per year and work 40 hours per week for 52 weeks, your hourly rate is $60,000 ÷ (40 × 52) = $28.85 per hour.
To calculate annual salary from hourly rate, multiply your hourly rate by the number of hours you work per year:
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year
For example, if you earn $28.85 per hour and work 40 hours per week for 52 weeks, your annual salary is $28.85 × 40 × 52 = $60,008 per year.
Yes, including paid time off (PTO) gives you a more accurate hourly rate. If you have PTO, you're paid for fewer working hours, which increases your effective hourly rate.
For example, if you have 10 days (2 weeks) of PTO, you work 50 weeks instead of 52, making your hourly rate slightly higher.
The standard calculation uses 2,080 hours per year, which is based on:
- 40 hours per week
- 52 weeks per year
- 40 × 52 = 2,080 hours
However, this may vary based on your actual working hours, part-time status, or paid time off.
No, this calculator shows gross pay (before taxes). Your actual take-home pay will be lower after federal taxes, state taxes, Social Security, Medicare, and other deductions.
Tax rates vary by location and individual circumstances. For after-tax calculations, consult a paycheck calculator or tax professional.
Yes! Simply adjust the "Hours per Week" field to match your part-time schedule. For example, if you work 20 hours per week instead of 40, enter 20 in that field.