Free hourly to salary converter to calculate annual, monthly, weekly, and daily pay with adjustments for PTO, holidays, and work hours.
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Need to compare a $25/hour job with a $55,000 salary? Our calculator converts between hourly rates and annual salaries, accounting for work hours, weeks, and paid time off to give you accurate comparisons.
Converting pay rates helps compare job offers fairly. A $52,000 salary equals $25/hour at 40 hours/week for 52 weeks. But with 2 weeks PTO, your effective hourly rate is higher because you're paid the same for fewer work hours.
Salary Conversion Formula
Annual Salary = Hourly Rate × Hours/Week × Weeks/YearCompare hourly and salaried job offers fairly.
Set hourly rates based on target annual income.
Calculate pay across different time periods.
Multiply hourly rate × hours per week × 52 weeks. $25/hour × 40 hours × 52 weeks = $52,000 annual salary. Adjust for unpaid time off.
With paid time off, your effective rate is higher since you earn the same for fewer worked hours. A $52,000 salary with 2 weeks PTO is effectively $26/hour for actual worked time.
Yes! Hourly jobs may lack benefits that salaried positions include. Health insurance alone can be worth $5,000-15,000 annually. Include total compensation when comparing.
Hourly workers typically earn 1.5x for hours over 40/week. Regular overtime can significantly increase effective annual earnings compared to base hourly rate.