ReadyCalculator

🔁 Hourly to Annual Salary Calculator

Translate hourly income into yearly salary with support for weekly overtime hours.

Use 48–50 if you take unpaid time off.

Paid at 1.5×. Set to 0 if you don’t work overtime weekly.

How to Use This Calculator

1

Enter Hourly Pay

Use your regular hourly wage before overtime multipliers or bonuses.

2

Add Weekly Hours

Input standard hours along with average overtime hours worked each week.

3

Specify Weeks per Year

Use 52 for full-time year-round work, or decrease to reflect unpaid time off.

4

Review Annual Salary

The tool breaks down regular and overtime pay so you can compare job offers or plan budgets.

Formula

Annual Salary = (Regular Hours × Rate + Overtime Hours × Rate × 1.5) × Weeks per Year

Weekly Earnings = Regular Weekly Pay + Overtime Weekly Pay

Monthly Salary = Annual Salary ÷ 12

Overtime multiplier defaults to 1.5× (time-and-a-half).

Adjust overtime hours to reflect your average workload. For double-time scenarios, add additional calculations manually.

Full Description

Converting hourly wage to annual salary is essential for comparing job offers, negotiating pay, and planning long-term finances. This calculator incorporates weekly overtime to produce a comprehensive annual compensation estimate.

Adjust the inputs to model different schedules, such as reduced hours during holiday seasons or increased overtime during peak demand.

Use Cases

  • Hourly employees comparing offers against salaried roles.
  • Contractors estimating yearly earnings from billable hours.
  • HR teams converting hourly rates to annual equivalents for salary bands.
  • Workers planning overtime strategies for savings goals.

Frequently Asked Questions

Can I include bonuses?

Add the annual bonus amount to the resulting salary for a complete view of total compensation.

How do I account for double-time?

For double-time hours, convert them separately at 2× the hourly rate and add to the annual salary result.

What if overtime varies each week?

Use an average overtime number based on recent weeks to estimate annual pay reliably.

Does this include taxes?

No. The calculator provides gross salary. Use our take-home pay tools to estimate net income after taxes and deductions.