How do I calculate annual salary from an hourly wage?

Assuming a standard 40-hour workweek and 52 weeks in a year (2,080 working hours), multiply your hourly rate by 2,080. For example, $25 per hour multiplied by 2,080 equals an annual salary of $52,000 before taxes.

What is the formula for bi-weekly pay?

Bi-weekly pay occurs 26 times per year. To calculate it, divide your annual salary by 26, or multiply your hourly rate by 80 hours (for a standard full-time two-week pay period).

How does overtime pay work in the United States?

Under the Fair Labor Standards Act (FLSA), non-exempt employees must receive overtime pay for hours worked over 40 per workweek at a rate not less than time and one-half (1.5x) their regular rate of pay.

Hourly to Salary & Paycheck Calculator

Quickly convert your hourly wage into annual, monthly, bi-weekly, weekly, and daily earnings with customized overtime hours, paid time-off, and estimated tax withholdings.

⚙️ Wage & Work Details

Hourly Wage Rate per hour

Hours Worked Per Week 40 hrs (Full-Time)

hrs

Work Days Per Week 5 days

Overtime Hours (Weekly) Paid at 1.5x regular rate

hrs

Estimated Tax & Deductions 18% (Federal + FICA estimate)

📊 Salary Breakdown 52 Weeks / Year

Gross Annual Salary

$62,400.00

Estimated Take-Home: $51,168.00 / year

Hourly Rate	$30.00
Daily Earnings (8 hrs)	$240.00
Weekly Paycheck	$1,200.00
Bi-Weekly Paycheck (26x / yr)	$2,400.00
Semi-Monthly (24x / yr)	$2,600.00
Monthly Salary (12x / yr)	$5,200.00
Estimated Monthly Take-Home (Net)	$4,264.00

How to Calculate Salary from an Hourly Rate

Converting an hourly wage to an annual salary is one of the most essential calculations when comparing job offers, negotiating compensation, or preparing a monthly household budget. In the United States, a standard full-time employee works 40 hours per week across 52 weeks per year.

Annual Salary = Hourly Wage × Hours Per Week × 52 Weeks
Standard Formula = Hourly Wage × 2,080 Hours

For instance, if your employer offers $35.00 per hour for a full-time role:

Weekly Earnings: $35 × 40 hours = $1,400.00 per week
Bi-Weekly Paycheck: $1,400 × 2 weeks = $2,800.00 every two weeks
Annual Gross Salary: $35 × 2,080 hours = $72,800.00 per year

Hourly Wage to Salary Comparison Table

Here is a quick reference conversion table based on a standard 40-hour workweek (2,080 annual working hours):

Hourly Rate	Weekly	Bi-Weekly	Monthly	Annual Salary
$15.00 / hr	$600	$1,200	$2,600	$31,200
$20.00 / hr	$800	$1,600	$3,467	$41,600
$25.00 / hr	$1,000	$2,000	$4,333	$52,000
$30.00 / hr	$1,200	$2,400	$5,200	$62,400
$40.00 / hr	$1,600	$3,200	$6,933	$83,200
$50.00 / hr	$2,000	$4,000	$8,667	$104,000
$75.00 / hr	$3,000	$6,000	$13,000	$156,000

Gross Salary vs. Net Take-Home Pay

Your gross salary is the total figure your employer pays before any payroll deductions. Your net take-home pay is what actually lands in your checking account after mandatory deductions:

FICA Taxes: 6.2% Social Security + 1.45% Medicare (7.65% total for W-2 employees).
Federal Income Tax: Progressive tax brackets ranging from 10% to 37% depending on income.
State and Local Taxes: Varies by state (states like Texas, Florida, and Washington have 0% state income tax, while California and New York have higher rates).
Pre-tax Benefits: 401(k) retirement contributions, HSA/FSA health savings, and healthcare premiums.

Frequently Asked Questions (FAQ)

A standard full-time year consists of 52 weeks at 40 hours per week, equaling 2,080 working hours. If you receive two weeks of unpaid vacation, your working hours reduce to 2,000 hours.

Bi-weekly pay happens every two weeks (e.g. every other Friday), resulting in 26 paychecks per year. Two months out of the year will contain three paychecks. Semi-monthly pay happens twice per month (typically on the 1st and 15th), resulting in exactly 24 paychecks per year.

Under federal FLSA rules, overtime hours worked beyond 40 hours in a single workweek are compensated at 1.5 times your regular rate. If your base wage is $30/hr and you work 5 overtime hours weekly, those hours pay $45/hr ($225 weekly), adding an extra $11,700 to your annual gross income.