Hourly to Salary Calculator
Convert between hourly rate and annual salary.
Income Calculator
Estimate gross pay before taxes and deductions. Rules vary by location and employer.
Gross hourly pay before deductions.
Exclude overtime. Use 40 hours/week for a typical full-time schedule.
Paid weeks only. Use fewer weeks if you take unpaid time off.
1.5 means overtime is paid at 150% of the hourly rate.
Optional flat percentage of gross pay, not a country-specific tax calculation. Check your payslip, contract, or local rules for exact treatment.
Estimated annual gross salary £41,600.00; hourly rate £20.00.
Estimated annual gross salary
Before taxes and deductions.
Monthly pay
Annual salary ÷ 12.
Weekly pay
Gross pay per paid week.
Biweekly pay
Annual salary ÷ 26.
Daily pay
Weekly pay ÷ days per week.
Hourly rate
Base hourly rate entered.
Annual hours
(Regular + overtime hours) × paid weeks.
Overtime pay/week
Overtime hours × hourly rate × multiplier.
Estimated pay after flat deductions
Annual gross minus the flat deduction rate entered.
Semi-monthly pay
Annual salary ÷ 24.
Worked Example: Overtime and 48 Paid Weeks
£15 per hour, 37.5 regular hours and 4 overtime hours per week at 1.5×, with 48 paid weeks:
- Regular pay: £15 × 37.5 = £562.50 per week
- Overtime pay: 4 × £15 × 1.5 = £90.00 per week
- Pay per paid week: £562.50 + £90.00 = £652.50
- Annual gross: £652.50 × 48 = £31,320 (£2,610 monthly)
- Hours worked: (37.5 + 4) × 48 = 1,992, an average of £15.72 per hour including overtime
Because only 48 of 52 weeks are paid, biweekly and monthly figures spread the annual total across the whole year. Two weeks you actually work pay £1,305, while the biweekly average is £1,204.62.
Dynamic Income Insights
How Hourly-to-Salary Conversion Works
Hourly pay
Hourly pay is multiplied by the number of hours worked.
Weekly pay
Weekly pay is hourly rate × regular hours, plus any overtime pay.
Annual salary
Annual salary is weekly pay × paid weeks per year.
Pay frequency
Pay frequency changes paycheck size, not total annual gross pay.
Hourly Pay vs Annual Salary
Hourly pay
Hourly income depends on hours actually worked. Overtime may apply depending on rules, contract, and employer policy.
Annual salary
Salary is usually a fixed yearly amount. Benefits, expectations, deductions, and pay structures may differ from hourly roles.
Gross Pay vs Net Pay
Gross pay is income before taxes and deductions. Net pay is take-home pay after deductions such as taxes, retirement contributions, insurance, benefits, and payroll deductions. This calculator provides estimates only and does not provide tax, payroll, or employment-law advice.
Pay Frequency Breakdown
Weekly
52 pay periods per year.
Biweekly
26 pay periods per year.
Semi-monthly
24 pay periods per year.
Monthly
12 pay periods per year.
Annual
Total gross pay for the year.
Overtime, Unpaid Time Off, and Benefits
Overtime
Overtime can increase annual earnings when paid at a higher rate.
Unpaid time off
Unpaid weeks reduce annual gross pay because fewer weeks are paid.
Benefits
Two jobs with the same hourly rate can differ financially because of benefits.
Local rules vary
Check your payslip, contract, or local rules for exact treatment.
Hourly Salary Formula
Overtime Pay = Overtime Hours × Hourly Rate × Overtime Multiplier
Weekly Pay = (Hourly Rate × Regular Hours) + Overtime Pay
Annual Salary = Weekly Pay × Paid Weeks Per Year
Monthly Pay = Annual Salary ÷ 12
Biweekly Pay = Annual Salary ÷ 26
Semi-monthly Pay = Annual Salary ÷ 24
Daily Pay = Weekly Pay ÷ Days Per Week
Total Annual Hours = (Regular Hours + Overtime Hours) × Paid Weeks
Base Hourly Equivalent = Annual Salary ÷ (Regular Hours Per Week × Paid Weeks)
Frequently Asked Questions
Estimate only. This calculator is for general planning and education, not financial, tax, investment, legal, lender, or professional advice. Pay estimates are simplified and may not include every tax, deduction, benefit, overtime rule, local rule, or employer policy. Verify important decisions with a qualified professional, lender, official source, or relevant institution.
Related reading
Learn the formula, assumptions, examples, or context behind this tool.