Salary Calculator
Hourly to Salary Calculator
Convert hourly wage to equivalent salary
$20.00/hour
40 hours
52 weeks
Paid Time Off
10 days
5 days
10 days
Results
Your equivalent salary breakdown
Annual Salary
$0
Monthly Pay
$0
Bi-weekly Pay
$0
Weekly Pay
$0
Daily Pay
$0
Total Compensation
$0
Effective Hourly Rate
$0.00/hour
Working Hours Per Year
0 hours
Understanding Hourly to Salary Conversion
How your hourly wage translates to annual earnings
Basic Conversion Formula
Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year
For a standard full-time position (40 hours/week, 52 weeks/year):
Annual Salary = Hourly Rate × 2,080
Factors That Affect Your Calculation
- Overtime pay can significantly increase your annual earnings
- Paid time off (vacation, sick days, holidays) affects your effective hourly rate
- Benefits like health insurance, retirement contributions add to total compensation
- Unpaid time off reduces your annual earnings from the base calculation
Tips for Negotiating Pay
When negotiating between hourly and salary positions, consider the total compensation package including benefits, paid time off, and overtime eligibility. Sometimes an hourly position with overtime opportunities can result in higher total earnings than a salaried position with the same base rate.