Hourly to Salary Calculator
Convert an hourly wage, daily pay, monthly pay or annual salary into the others. You can set the hours per day, the working days per month and an annual bonus.
How the conversion works
The conversion uses the hours per day and the working days per month. The number of months in a year is fixed at 12.
- Daily pay = hourly wage × hours per day
- Monthly pay = daily pay × working days per month
- Annual salary = monthly pay × 12 + annual bonus
The reverse direction uses the same formulas. To get the hourly wage from an annual salary, subtract the bonus, divide by 12 (monthly pay), then divide by the working days per month and the hours per day.
The default assumption: about 40 hours a week, 52 weeks a year
The form starts with 8 hours per day and 21.666667 working days per month. That is 5 working days a week for 52 weeks, which is 260 working days a year, divided by 12 months. This gives the commonly used year of about 2,080 hours (40 hours × 52 weeks).
Note that 260 ÷ 12 does not end: it is 21.6666…, and the form uses 21.666667, which is the same number rounded to 6 decimal places. So the year in the calculation is 2,080.000032 hours, not exactly 2,080. The difference is far less than a cent in the displayed amounts: an hourly wage of 25.00 is shown as an annual salary of 52,000.00, and the small print "before rounding" shows 52,000.0008. The displayed amounts are rounded to the smallest unit of the currency.
If you type 21.67 days instead, the year has 2,080.32 hours, and 25.00 an hour becomes 52,008.00. Change the hours and days to match your real schedule, for example 7.5 hours a day or a different number of working days. Paid leave, unpaid weeks and public holidays are not treated separately. Enter the number of working days you really expect to be paid for.
To find the working days per month from a count of days worked in a year, use days worked in a year ÷ 12. For example, 250 days a year is 20.833333 days a month.
How the bonus is treated
- The annual salary includes the bonus.
- The monthly, daily and hourly amounts are based on the pay without the bonus.
The annual bonus is a separate input and is added to the annual salary only. For example, an hourly wage of 25.00 with 8 hours and 21.666667 days gives a monthly pay of 4,333.33 (without the bonus). With an annual bonus of 5,000.00, the annual salary is 52,000.00 + 5,000.00 = 57,000.00. When converting from an annual salary, the bonus is subtracted first, and the rest is the basis for the monthly, daily and hourly amounts.
Examples (8 hours a day, 21.666667 days a month)
- Hourly wage of 25.00 → daily pay 200.00, monthly pay 4,333.33, annual salary 52,000.00
- Hourly wage of 15.50 → daily pay 124.00, monthly pay 2,686.67, annual salary 32,240.00
- Annual salary of 52,000.00 (no bonus) → monthly pay 4,333.33, daily pay 200.00, hourly wage 25.00
- Annual salary of 60,000.00 with a bonus of 5,000.00 (8 hours, 21.67 days) → monthly pay 4,583.33, daily pay 211.51, hourly wage 26.44
Rounding happens only once
Every result is calculated exactly from the number you entered and rounded once, at the end, to the smallest unit of the currency. Nothing is built up from rounded intermediate results, because that can make the totals drift by a cent. When the value before rounding is not a whole number of the smallest unit, it is shown in small print as "before rounding". You can choose round down, round to nearest (the default) or round up.
Assumptions and limits
- These are gross amounts. They are before income tax, social security and other deductions. This is not a take-home pay calculator.
- Overtime, allowances, tips, unpaid breaks and unpaid time off are not included.
- Amounts have no currency. Enter amounts of 0 or more, up to 999,999,999,999.99, with up to 2 decimal places. The hours and days accept decimals (such as 7.5 hours or 21.5 days).
- To add up hours worked in a day, use the Work Hours Calculator. To add or subtract times, use the Time Calculator.
Frequently asked questions
How do I turn an annual salary into an hourly wage?
Choose "Annual salary" and enter the amount. If there is a bonus, enter it too; the hourly wage is then worked out from the salary without the bonus.
Does the monthly pay include the bonus?
No. The monthly, daily and hourly amounts are the pay without the bonus. Only the annual salary includes it.
Why does 25.00 an hour give 52,000.00 a year?
Because the default year has about 2,080 hours: 8 hours × 260 days (the form uses 21.666667 days a month, which is 260 ÷ 12 rounded, so the exact figure before rounding is 52,000.0008). Change the hours per day or the working days per month if your schedule is different.
Can I find my take-home pay?
No. This calculator converts gross amounts only, before tax and other deductions.