Hourly Rate to Salary Calculator
Translate an hourly wage into annual, monthly, biweekly, and weekly income, then estimate take-home pay after taxes.
- Converts hourly pay to annual and monthly
- Estimates gross vs. take-home income
- Useful for comparing job offers
- No sign-up or spreadsheet required
Calculator
Results
Ready to calculate
Enter your figures and press Calculate. Results update instantly in your browser.
Tips for a More Accurate Estimate
- Account for non-billable time (admin, marketing) when calculating your target billable hours.
- Factor in business expenses and self-employment taxes, not just desired take-home income.
- Remember freelance rates typically need to exceed an equivalent employee's effective hourly wage.
- Research market rates for your skill level and industry as a sanity check on your calculated rate.
- Revisit your rate periodically as expenses, goals, or market conditions change.
Frequently asked questions
How do I convert hourly pay to salary?
Multiply hourly pay by hours worked per week and by weeks worked per year. This calculator also estimates monthly, biweekly, and weekly equivalents.
How do taxes affect pay?
Taxes reduce take-home pay. The estimate here uses a single tax rate for simplicity and does not replace a payroll calculation.
Do benefits count as salary?
Benefits add compensation value, but they are not the same thing as cash wages. Evaluate both when comparing jobs.
What about overtime?
This basic calculator uses your average hourly rate. If you receive overtime or shift differentials, your actual annual pay may be higher.
Part-time vs full-time?
The math works for either. Just enter realistic weekly hours and the number of weeks you expect to work.
Can this help with negotiations?
Yes. Converting hourly and salaried offers into comparable annual figures can make negotiations clearer.