How to Use This Calculator
Our Hourly Rate Calculator makes it easy to convert your hourly wage into annual salary and see your income across different pay periods. Follow these simple steps.
Step 1: Enter Your Hourly Rate
Type your hourly wage in the input field or use the quick select buttons for common rates like $15, $20, $25, or $30 per hour.
Step 2: Set Your Work Hours
Enter the number of regular hours you work per week. The default is 40 hours for a standard full-time position. Adjust the weeks per year if you have unpaid time off.
Step 3: Add Overtime (Optional)
If you regularly work overtime, enter your weekly overtime hours and select the overtime rate multiplier (1.5x, 2x, or 2.5x).
Step 4: View Your Results
The calculator instantly displays:
- Annual Salary: Your total yearly income before taxes
- Monthly Income: Your estimated monthly earnings
- Biweekly Pay: What you earn every two weeks
- Weekly Pay: Your weekly earnings including overtime
- Daily Income: Your average daily earnings
Pro Tip: Use the quick select buttons to compare different hourly rates side by side. This helps when evaluating job offers or negotiating a raise.
Hourly to Annual Salary Table
Quick reference for common hourly rates (based on 40 hours/week, 52 weeks/year):
| Hourly | Weekly | Monthly | Annual |
|---|---|---|---|
| $7.25 | $290.00 | $1256.67 | $15,080 |
| $10.00 | $400.00 | $1733.33 | $20,800 |
| $12.00 | $480.00 | $2080.00 | $24,960 |
| $15.00 | $600.00 | $2600.00 | $31,200 |
| $18.00 | $720.00 | $3120.00 | $37,440 |
| $20.00 | $800.00 | $3466.67 | $41,600 |
| $25.00 | $1000.00 | $4333.33 | $52,000 |
| $30.00 | $1200.00 | $5200.00 | $62,400 |
| $35.00 | $1400.00 | $6066.67 | $72,800 |
| $40.00 | $1600.00 | $6933.33 | $83,200 |
| $50.00 | $2000.00 | $8666.67 | $104,000 |
| $75.00 | $3000.00 | $13000.00 | $156,000 |
| $100.00 | $4000.00 | $17333.33 | $208,000 |
Understanding Overtime Pay
Under the Fair Labor Standards Act (FLSA), most hourly employees are entitled to overtime pay at 1.5x their regular rate for hours worked over 40 in a workweek.
Example Calculation
Regular: $20/hr x 40 hours = $800
Overtime: $30/hr (1.5x) x 10 hours = $300
Weekly Total: $1,100
Annual (52 weeks): $57,200
Some states have additional overtime requirements, such as daily overtime (California) or different thresholds. Always check your local labor laws.