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Hourly to salary calculator

Convert either way: an hourly rate to a yearly salary, or a salary to what it pays per hour, with your own hours and unpaid weeks.

Convert

0 for a salaried job with paid time off. Freelancers: weeks you don't bill.

Yearly pay

$62,400

Hourly
$30.00
Daily
$240.00
Weekly
$1,200
Every two weeks
$2,400
Monthly
$5,200
Yearly
$62,400

2,080 paid hours a year. Before taxes. Estimate only. Nothing you type leaves your browser.

2,080 hours

A full-time year in the US is 40 hours x 52 weeks = 2,080 hours. Payroll uses it both ways: hourly rate x 2,080 is the yearly salary, and salary ÷ 2,080 is the hourly rate. Holidays and paid vacation don't change it, because they're paid. Monthly pay is the year divided by 12, and biweekly pay is the year divided by 26, which is why two months a year have three paychecks.

For freelancers

A freelancer isn't paid for vacation or for the hours spent on sales and admin. Set unpaid weeks to the weeks you don't bill and hours per week to the hours you bill, not the hours you work. To go the other way and find the rate that matches a salary, use the freelance rate calculator, which adds costs and taxes.

IN SHORT

Yearly salary = hourly rate x hours per week x paid weeks. At 40 hours and 52 paid weeks that's 2,080 hours, so $25 an hour is $52,000 a year, $4,333 a month and $2,000 every two weeks. Going the other way, divide the salary by 2,080: $60,000 a year is about $28.85 an hour. Freelancers should subtract the weeks they don't bill.

Prices and limits as of .

Questions

How much is $20 an hour per year?
$41,600 at 40 hours a week for 52 weeks. With two unpaid weeks it's $40,000.
How many work hours are in a year?
2,080 at 40 hours a week for 52 weeks. Payroll uses that number to turn salaries into hourly rates, even though holidays and vacation mean fewer hours worked.
Why can't I compare a freelance rate with a salary directly?
A salary comes with paid time off, and in the US the employer pays half of Social Security and Medicare. A freelancer pays all of it, plus software and insurance, and doesn't bill every hour. To earn the same as a $60,000 salary you usually need well over $28.85 an hour; the freelance rate calculator works it out.

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See what each hour really pays

Time Tracking in SoloWOS records hours per client so you can compare what you billed with what you worked. 14 days free, no card needed · Then Basic for $2/month.