Last updated: March 2025
Quick Answer
To gross up an hourly wage to an annual salary based on a standard 40-hour workweek, multiply the hourly rate by 2,080. For example, $25 per hour × 2,080 hours = $52,000 per year gross salary.
Key Takeaways
- ✓ Gross vs Net: This calculator converts "gross" pay (pay before taxes and deductions). Your actual take-home paycheck will be lower.
- ✓ PTO is standard: Standard salary conversion assumes 52 weeks of pay. If you take 2 weeks of vacation, standard salary conversions assume that vacation is paid (PTO).
- ✓ Bi-weekly vs Semi-monthly: Bi-weekly payrolls result in 26 paychecks per year (meaning there are 2 months each year where you get 3 paychecks). Semi-monthly payrolls result in exactly 24 paychecks per year (2 per month).
How to Convert Hourly to Salary
Converting wages manually is simple once you know the standard time metrics used by businesses and HR departments across the United States:
- Step 1: Determine your weekly hours worked (Usually 40).
- Step 2: Multiply your weekly hours by 52 (the number of weeks in a year). 40 x 52 = 2,080.
- Step 3: Multiply your base hourly wage by that total number of hours. If you make $30/hour, $30 x 2,080 = $62,400.
Frequently Asked Questions
How do you calculate an annual salary from an hourly wage?
Multiply the hourly wage by the number of hours worked per week. Then, multiply that weekly total by 52 (the number of weeks in a year). For a standard 40-hour workweek, multiply the hourly rate by 2,080.
What is a standard work year in hours?
A standard full-time work year is typically calculated as 2,080 hours (40 hours/week × 52 weeks). This assumes paid time off (PTO) and holidays are paid at the regular hourly rate.
How is weekly, bi-weekly, and monthly pay calculated?
Weekly pay is the hourly rate multiplied by hours worked per week. Bi-weekly is the weekly pay multiplied by 2 (resulting in 26 paychecks per year). Monthly pay is the annual salary divided by 12.