FinanceReviewed Methodology
Hourly to Salary Calculator
An hourly to salary calculator helps you convert hourly wage into estimated annual gross salary by using regular hours per week, weeks worked per year, and overtime assumptions.
FinanceReviewed by Editorial Finance Review
Quick answer
Regular weekly pay is hourly rate times regular hours.
What this tells you
- •Regular weekly pay is hourly rate times regular hours.
- •Optional overtime pay uses overtime hours and overtime multiplier.
- •This tool estimates gross income, not net take-home pay.
How to Use
- 1Enter hourly wage, total hours per week, and weeks worked per year.
- 2Add overtime hours and overtime multiplier if needed.
- 3Calculate to see estimated annual, monthly, and weekly gross income.
How It Works
Formula
Weekly gross = (regular hours x hourly rate) + (overtime hours x hourly rate x overtime multiplier)
Annual salary = weekly gross x weeks per yearThe calculator separates regular and overtime earnings and annualizes the resulting weekly gross estimate.
Calculation note: values are processed in the order shown above, using the current input units.
Worked Examples
Hourly wage conversion example
Hourly rate$30
Hours/week40
Weeks/year52
ResultEstimated annual gross salary: $62,400
This assumes full-year work with no unpaid gaps and no overtime.
Common mistakes
- Using net pay instead of gross rate
- Ignoring unpaid leave or seasonal schedule changes
- Assuming all overtime is paid at the same multiplier
Limitations
This estimate assumes stable hours and pay rate across the selected year. It does not include taxes, deductions, benefits, unpaid leave, or variable scheduling.
Frequently Asked Questions
Yes, optional overtime hours and multiplier can be included in the estimate.
This is a gross pay estimate. Net pay depends on taxes and deductions.
Real schedules, unpaid time off, bonuses, and payroll deductions can change final annual earnings.