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An hourly wage is just a number until you convert it to an annual salary. But multiplying by 2,080 hours assumes you never take a vacation, never get sick, and don't care about unpaid holidays. Whether you're a freelancer setting your day rate or evaluating a new job offer, we do the real math so you know exactly what your time is worth.

01: How to Use

How do you use this tool?

  1. Enter your hourly wage in the rate field.
  2. Set your hours per week (default: 40) and weeks per year (default: 52).
  3. Optionally subtract paid time off (PTO) days to see net working weeks.
  4. Read your annual salary, monthly gross, and weekly pay instantly.

What This Tool Does

This calculator converts an hourly wage to annual salary, and breaks the result down into monthly, bi-weekly, weekly, and daily figures. Adjust hours per week, weeks worked per year, and paid time off to match your exact situation.

How It Works

The core formula is straightforward:

Variable US Standard Your Input
Hours per week 40 Adjustable
Weeks per year 52 Adjustable
Total hours/year 2,080 Calculated
Annual salary Rate × 2,080 Displayed

For someone earning $25/hour on a standard US full-time schedule:

  • Annual: $25 × 2,080 = $52,000
  • Monthly: $52,000 ÷ 12 = $4,333.33
  • Bi-weekly: $52,000 ÷ 26 = $2,000
  • Weekly: $25 × 40 = $1,000

What Are Common Use Cases?

Evaluating a job offer. A recruiter quotes $28/hour. You want to know if that beats your current $55,000 salary. At 2,080 hours, $28/hour = $58,240/year: $3,240 more before taxes.

Part-time and contract work. Freelancers and part-time employees rarely work 40 hours for 52 weeks. Set your actual hours (30 hours/week, 48 working weeks) and get a realistic annual figure.

Comparing benefits packages. Two offers at the same hourly rate can differ significantly in total compensation once PTO is factored in. An employer offering 15 PTO days reduces your working hours to 1,960/year vs. 2,080, a real difference at higher rates.

Minimum wage benchmarks. The federal minimum wage is $7.25/hour ($15,080/year at full-time). Many states and cities set higher floors: California ($16/hour = $33,280/year), New York City ($16.50/hour = $34,320/year), Washington ($16.28/hour = $33,862/year).

Overtime planning. If you regularly work 45 hours/week, your overtime pay (1.5× for 5 hours) adds roughly $1.5× rate × 5 hours × 52 weeks to your base. At $20/hour, that’s an extra $7,800/year in gross overtime pay.

What Are Common US Wage Benchmarks?

Role Median Hourly Annual (2,080 hrs)
Retail cashier $14.50 $30,160
Administrative assistant $22.00 $45,760
Registered nurse $39.05 $81,224
Software developer $60.58 $126,006
Physician (median) $119.00 $247,520

Source: BLS Occupational Employment Statistics, 2024.

Frequently Asked Questions

Is 2,080 always the right divisor? Only for a standard 40-hour, 52-week year with no unpaid time off. If you take 2 weeks of unpaid leave, use 50 weeks (2,000 hours). Always match the divisor to your actual schedule.

Why does my employer’s annual figure differ from mine? Some employers calculate based on 260 working days × 8 hours. That’s also 2,080, identical. Differences arise when leap years, holiday closures, or different hour definitions are used.

Does this work for salaried employees converting the other way? Yes. Divide your annual salary by 2,080 (or your actual hours worked) to find your effective hourly rate. This is useful for comparing salaried positions against hourly contract rates.