How to Convert Salary to Hourly Wage
To convert an annual salary to an hourly rate, the standard calculation assumes a 40-hour workweek for 52 weeks per year.
The magic number is 2,080 hours (40 hours × 52 weeks).
Calculation Formula
Hourly Rate = Annual Salary ÷ 2,080
For example, if you earn $60,000 per year:
- $60,000 ÷ 2,080 = $28.85 per hour
- Weekly Pay: $60,000 ÷ 52 = $1,153.85
- Monthly Pay: $60,000 ÷ 12 = $5,000.00
Common Salary Conversions (Based on 40hr/wk)
| Annual Salary | Hourly Rate | Weekly Pay |
|---|---|---|
| $30,000 | $14.42 | $576.92 |
| $40,000 | $19.23 | $769.23 |
| $50,000 | $24.04 | $961.54 |
| $60,000 | $28.85 | $1,153.85 |
| $75,000 | $36.06 | $1,442.31 |
| $100,000 | $48.08 | $1,923.08 |
Frequently Asked Questions
1. How many working hours are in a year?
A standard year has 2,080 working hours. This assumes you work 40 hours every week for 52 weeks. If you receive 2 weeks of unpaid vacation, your working hours would be 2,000 (50 weeks).
2. Is this Gross or Net income?
This calculator shows Gross Income (before taxes and deductions). Your actual take-home pay (Net Income) will be lower depending on your federal/state tax bracket and benefits.
3. How do I calculate daily pay?
Once you have your hourly rate, multiply it by the number of hours you work in a day (usually 8). For example, $25/hr × 8 hours = $200/day.