Salary to Hourly Calculator
Convert your annual salary to an hourly wage. This calculator accounts for your actual work hours, vacation days, and holidays to give you accurate hourly, daily, weekly, and monthly rates.
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How to Convert Salary to Hourly Rate
The Basic Formula
The basic formula to convert annual salary to hourly rate is:
Calculating Total Work Hours
Total work hours depend on your schedule:
- Standard Calculation: 40 hours/week × 52 weeks = 2,080 hours
- With PTO: Subtract vacation days and holidays from work weeks
- Part-time: Use actual hours worked per week
Example Calculation
For a $60,000 annual salary with 40 hours/week and 20 days PTO:
- Work weeks: 52 - (20 days / 5) = 48 weeks
- Total hours: 40 hours × 48 weeks = 1,920 hours
- Hourly rate: $60,000 / 1,920 = $31.25/hour
Important Considerations
- This is your gross hourly rate (before taxes)
- Benefits and bonuses are not included
- Actual take-home pay will be lower after taxes and deductions
- Salaried employees don't receive overtime pay like hourly workers
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Frequently Asked Questions
How do you convert annual salary to hourly rate?
To convert annual salary to hourly rate, divide the annual salary by the total number of work hours in a year. A standard calculation assumes 40 hours per week and 52 weeks per year (2,080 hours annually). However, when accounting for paid time off, the actual work hours are fewer.
Should I include vacation days in the calculation?
It depends on your goal. If you want to know your true hourly earnings rate (including paid time off), don't subtract vacation days. If you want to know your hourly rate for actual hours worked, subtract vacation and holidays. We show both calculations.
What is considered full-time employment?
Full-time employment is typically 40 hours per week in the United States, though it can range from 35-40 hours depending on the employer and industry. Some employers consider 30+ hours as full-time, especially for benefits purposes.
How many hours is 2080 hours per year?
2,080 hours is the standard calculation for annual work hours (40 hours/week × 52 weeks). This is commonly used for salary-to-hourly conversions but doesn't account for vacation days, holidays, or sick leave.
Does hourly rate include benefits?
No, your hourly rate only includes your base salary or wages. Benefits like health insurance, 401(k) matching, bonuses, and other perks are separate from your hourly rate but are part of your total compensation package.
Financial Disclaimer
This calculator is provided for educational and informational purposes only. The results are estimates based on the information you provide and should not be considered as financial, legal, or tax advice.
Actual results may vary based on your specific circumstances, market conditions, and other factors. Always consult with qualified financial, legal, and tax professionals before making any financial decisions.
We make no guarantees about the accuracy, completeness, or reliability of the calculations. Use this tool at your own risk.