MintNumber

№ 060 · Income & taxes cluster

Salary to Hourly Calculator

Turn a salary into an hourly rate, or an hourly wage into a salary, for the hours and weeks you actually work. Enter your pay per hour, day, week, month, or year and see it in every other period, from your hourly rate to each paycheck to the year’s total.

Hourly ↔ salary · every pay period

Weighing a raise or a new offer? See what it adds up to with the Pay Raise Calculator, and what lands in your paycheck after tax with the Take-Home Pay Calculator. Once you know your gross monthly pay, see how lenders weigh your debts against it with the Debt-to-Income Calculator, size a safety net with the Emergency Fund Calculator or a target with the Savings Goal Calculator, and see what a slice of each paycheck grows to in the 401(k) Calculator.

Your pay01
$/yr
Your schedule02
h
days
wk

Count paid vacation and holidays as weeks worked — only unpaid time off comes out.

Hourly rate · before tax

$28.85 an hour

$60,000 a year ÷ 2,080 hours (40 h × 52 wk)

Monthly$5,000.0012 a year
Biweekly paycheck$2,307.6926 a year
Weekly$1,153.85per week worked
Hours a year2,08040 h × 52 wk
Every pay period
Your pay in every period. Hourly, daily and weekly pay are per hour, day and week worked; each amount times its count per year equals your annual pay.
PeriodPayPer year
Hourly$28.852,080 hours
Daily$230.77260 days
Weekly$1,153.8552 weeks
Biweekly$2,307.6926 paychecks
Semi-monthly$2,500.0024 paychecks
Monthly$5,000.0012 months
Annual (selected)$60,000.001 year

Hourly, daily and weekly pay are per hour, day and week you work, so they move with your schedule. Biweekly, semi-monthly and monthly pay split the year’s pay into 26, 24 and 12 equal paychecks. All of it is gross pay — before taxes and deductions.

How it works · methodology

The math, in the open.

annual = hourly × hours/wk × weeks/yr
       = daily × days/wk × weeks/yr
       = weekly × weeks/yr
       = monthly × 12 = semi-monthly × 24 = biweekly × 26

hourly = annual ÷ (hours/wk × weeks/yr)    $60,000 ÷ 2,080 = $28.85
daily  = annual ÷ (days/wk × weeks/yr)
weekly = annual ÷ weeks/yr                 per week worked
Every conversion runs through the annual figure. Hourly, daily, and weekly pay are per hour, day, and week actually worked, so they scale with your schedule. Biweekly, semi-monthly, and monthly pay split the year’s pay into 26, 24, and 12 equal paychecks. At 40 hours and 52 weeks, the year is the standard 2,080 hours.
Hours worked in a typical week (40 for full time)
Days those hours are spread over; sets the daily figure
Paid weeks a year: 52, minus any unpaid time off
Biweekly, semi-monthly, and monthly paychecks a year

Assumptions & limits

  • All pay is gross: before income tax, Social Security, Medicare, and deductions such as 401(k) contributions or health premiums.
  • Weekly pay is what a week of work pays (hourly × hours). With unpaid weeks off, that is more than the annual pay ÷ 52, so the calculator also shows the 52-week average.
  • Biweekly, semi-monthly, and monthly pay are the year’s pay split evenly, the same way federal wage-and-hour rules convert a monthly salary to a weekly one (× 12 ÷ 52). A real biweekly schedule has 27 paydays in some years.
  • Paid vacation and holidays count as weeks worked; only unpaid time off lowers the weeks.
  • Overtime is not modeled: every hour is paid at the same rate. Most hourly (non-exempt) workers earn at least time-and-a-half for hours past 40 in a workweek.
  • Each figure is rounded to the cent once, from the exact annual amount, with a half cent rounding up as in OPM’s pay rule. A rounded rate multiplied back can be a few dollars off: $28.85 × 2,080 = $60,008, not $60,000.

Sources

By the MintNumber Editorial Team·Reviewed
Frequently asked

Questions about hourly pay and salary

How many work hours are in a year?
The standard answer is 2,080: 40 hours a week for 52 weeks. It is the figure the Bureau of Labor Statistics uses to turn hourly wages into annual pay. The calendar does not divide evenly, though. A year is 52 weeks plus a day or two, so it holds 260, 261, or 262 weekdays, which is 2,080, 2,088, or 2,096 hours at eight hours a day. Your own number is your weekly hours times the weeks you are paid for: 37.5 hours a week for 52 weeks is 1,950 hours, and 40 hours with two unpaid weeks off is 2,000.
Why does the federal government use 2,087 hours instead of 2,080?
Because 2,087 is the average. The U.S. Office of Personnel Management computes a federal employee’s hourly rate by dividing annual basic pay by 2,087 hours. That is the average number of work hours in a year over the 28-year cycle in which the calendar repeats. It used 2,080 until 1984. The larger divisor gives a slightly lower rate: $60,000 ÷ 2,087 is $28.75 an hour, against $28.85 using 2,080. Federal biweekly pay is then 80 hours at that rate. Outside federal service, 2,080 is the usual convention, and it is what this calculator uses at 40 hours and 52 weeks.
What is the difference between biweekly and semi-monthly pay?
Biweekly means every two weeks: 26 paychecks a year, or 27 in the occasional year when the calendar adds an extra payday. Semi-monthly means twice a month, often on the 15th and the last day: 24 paychecks. On the same salary, each biweekly check is smaller ($60,000 a year is $2,307.69 biweekly versus $2,500 semi-monthly), but you get two more of them, and two months a year bring a third check. If you budget on two paychecks a month, biweekly pay frees up those extra checks for savings.
How does unpaid time off change my hourly rate?
It depends on which number is fixed. On a salary, the year’s pay stays the same while your hours shrink, so each hour you work is worth more: $60,000 over 48 weeks is $31.25 an hour, not $28.85. On an hourly wage the rate stays put and the year shrinks: $25 an hour for 50 weeks is $50,000, not $52,000. Either way, count paid vacation and holidays as weeks worked. Only time off without pay comes out of the weeks.
Is a $30 hourly wage the same as a $62,400 salary?
On paper, yes: $30 × 2,080 hours is $62,400. But pay is only part of the package. Salaried jobs often come with paid vacation, holidays, health insurance, and retirement matching, and benefits make up about 30% of what private employers spend on compensation, according to the Bureau of Labor Statistics. An hourly or contract job without them needs a higher rate to come out even, especially if your time off is unpaid. Overtime cuts the other way: most hourly workers earn at least time-and-a-half past 40 hours a week, while a salaried job that is exempt from overtime and pays $62,400 for 50-hour weeks works out to $24 an hour.
Is this before or after taxes?
Before. Every figure here is gross pay: what you earn before federal and state income tax, Social Security and Medicare, and pre-tax deductions such as 401(k) contributions or health insurance premiums. Your take-home pay will be lower, by an amount that depends on your filing status, your state, and your benefit choices. To compare two job offers fairly, put both on the same basis here first, then compare what each pays after tax with the Take-Home Pay Calculator.