Global Salary Converter
Negotiating a new job? Instantly translate Hourly wages to Annual salaries, adjust for work hours, and see your true earning potential.
Income Details
Income Breakdown
Based on 40 hours/week
Turn this income into wealth
See how investing just 10% of this salary can make you a millionaire.
The 2,080 Rule
A standard work year is considered 2,080 hours in the US (40 hours × 52 weeks). Multiply your hourly rate by 2 to get a rough estimate (e.g., $30/hr ≈ $60k/yr).
Bi-Weekly Pay
If you are paid bi-weekly, you get 26 paychecks a year. This means there are two special months every year where you receive 3 paychecks instead of 2!
Gross vs. Net
Always remember: this calculator shows Gross Income. To estimate Net (Take Home) pay, mentally subtract about 25-30% for taxes and insurance.
Salary FAQs
Q.How do I calculate my annual salary from hourly wage?
The standard calculation is: Hourly Rate × 40 Hours × 52 Weeks. A quick shortcut is to multiply your hourly wage by 2,080. For example, $25/hour × 2,080 = $52,000/year.
Q.What is the difference between Salary and Hourly pay?
Salaried employees receive a fixed amount per year regardless of hours worked. Hourly employees are paid for exact hours on the clock and are typically eligible for overtime pay (1.5x) if they work over 40 hours a week.
Q.How many working days are in a year?
There are typically 260 working days in a year (52 weeks × 5 days). However, after accounting for ~10 public holidays and 10-15 vacation days, the actual number of days worked is usually around 235-240.
Q.Does this calculator show taxes?
This tool calculates 'Gross Income' (before tax). Your actual 'take-home' pay will be 20-30% lower depending on your country's tax brackets and deductions.
More Finance Tools
View Finance HubGross vs Net Salary: Why Your Paycheck is Smaller Than You Think
Job offer says $60k but bank account says less? Learn the difference between Gross and Net pay, calculate your hourly rate, and find out where your money goes.
Read Full Article