Practical AtlasIndependent reference
ESP
KOR
JPNEV-G03Everyday reference
Hourly pay to annual salary
The familiar 2,080-hour shortcut assumes 40 paid hours for all 52 weeks. Change either assumption and the annual figure changes.
Open the hourly salary calculator ↗Keep the work schedule in the formula
Annual gross pay equals hourly rate multiplied by paid hours per week and paid weeks per year. Monthly gross pay is annual gross divided by twelve.
RATE× HOURS/WEEK× PAID WEEKSANNUAL GROSS
Common full-time reference points
These examples show gross pay before taxes or deductions and assume 40 paid hours for 52 weeks.
| Hourly | Weekly | Annual |
|---|---|---|
| $15 | $600 | $31,200 |
| $20 | $800 | $41,600 |
| $25 | $1,000 | $52,000 |
| $30 | $1,200 | $62,400 |
Gross pay is not take-home pay
Overtime premiums, unpaid leave, bonuses, taxes, benefits, and payroll schedules can all change what appears on a paycheck.
Do not compare unlike figures: compare gross with gross, or take-home with take-home.
1 SOURCESource ledger
Check the basis.
QUESTIONS THIS ANSWERS
Questions this answers
- What is my annual salary from hourly pay?
- Why does 2,080 hours matter?