Are you curious about how your hourly wage translates into an annual salary? Our easy-to-use hourly-to-salary wage calculator can help you convert your hourly pay into a yearly salary, so you can understand your earnings better and plan your finances more effectively.
If you regularly work overtime hours, you can account for these in our hourly-to-salary wage calculator. Simply multiply any worked overtime hours by 1.5 (or your overtime pay rate), then add that value to your standard work week hours in the “Work hours per week” section.
While salaried employees typically enjoy more stability in their work and compensation, hourly employees are often granted greater flexibility.
By understanding how your hourly wage translates to an annual salary, you may put yourself in a better position to negotiate your pay with your current employer. Alternatively, if you’re thinking about switching to a salaried job, knowing the equivalent annual pay you’re earning as an hourly employee can help you narrow down your options and ensure you don’t settle for a pay cut.