Convert between salary and hourly rate
๐ก Why This Matters Knowing your true hourly rate helps you compare job offers fairly. A $60k salary with no overtime might be worth less than a $25/hour job with overtime. This calculator reveals your real worth.
The 2080-hour work year assumes zero time off โ no holidays, no sick days, no vacation. If you actually work fewer hours than that, your real effective hourly rate on a salary is quietly higher than the sticker number.
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Annual salary รท 2080 work hours = hourly rate. For weekly, divide by 40. For monthly, multiply hourly by 173.33. This assumes standard 40-hour workweeks and 52 weeks per year, minus holidays and PTO.
Salaried workers typically get benefits (health insurance, retirement matching, paid vacation). Hourly workers get overtime pay (1.5x after 40 hours) but often lack benefits. Some jobs blur the line with "salaried but eligible for overtime."
A $50k/year salary job might be worth less than a $25/hour hourly job if the hourly job offers overtime. Factor in commute time, required equipment, and job stability. Total compensation matters more than the number on your offer letter.
Use this to compare job offers fairly. Convert everything to hourly equivalent. Remember: a higher salary with worse benefits might actually pay less per hour of work.
Example: Say your annual salary is $60,000. Hourly = $60,000 รท 2080 = $28.85/hour. Weekly = $60,000 รท 52 = $1,154. Monthly = $60,000 รท 12 = $5,000.
2080 comes from 40 hours per week ร 52 weeks per year, the standard full-time work year. It doesn't subtract holidays or PTO, so your actual worked-hours rate is often a bit higher than this baseline figure.
Not necessarily. Salaried roles often come with benefits like health insurance and retirement matching, but no overtime pay. An hourly job with regular overtime can sometimes out-earn a similar salaried role per hour worked โ convert both to the same unit before comparing.
No โ this is a gross-pay conversion only. It doesn't factor in taxes, health insurance premiums, retirement contributions, or other deductions, so your actual take-home hourly rate will differ from the number shown here.