Finance tool

Salary Converter

Hourly to yearly salary and every period between.

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Figures are before tax. Monthly = yearly ÷ 12, so a month is not exactly 4 weeks.

About this tool

Salary Converter turns an hourly wage into a yearly salary and back, along with every pay period in between. Adjust the hours you work per week and paid weeks per year to match a part-time job, contract or unpaid leave.

How to use Salary Converter

  1. Enter a pay amount and its period.
  2. Set hours per week, days per week and paid weeks per year.
  3. Read the pay for every other period.

Questions people ask

How do I convert hourly pay to a yearly salary?

Yearly = hourly rate × hours per week × weeks per year. 25 an hour at 40 hours for 52 weeks is 25 × 40 × 52 = 52,000 a year. Monthly = yearly ÷ 12 = 4,333.33.

Why is monthly pay not weekly pay × 4?

A year has 52 weeks, which is 4.33 weeks per month on average. Using × 4 underestimates monthly pay by about 8%. The converter uses yearly ÷ 12.

Are these figures before or after tax?

Before tax (gross pay). Income tax, social security and other deductions depend on where you live and are not included.

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