Finance
Salary to Hourly Wage Converter
Convert annual salary to hourly, weekly, bi-weekly, or monthly pay. Supports custom hours/week and PTO weeks/year.
$
Weeks you don't work
Hourly rate
$40.00/hr
2000 working hours/year
Pay frequency breakdown
How this is calculated
The conversion is straightforward arithmetic:
hourly = annual ÷ (hours/week × working weeks/year)
Default assumption: 40 hours × 52 weeks = 2,080 hours/year.
Watch out for
- PTO weeks reduce working weeks but not your annual salary — so your effective hourly rate goes up.
- Hourly rates lose paid time off and benefits unless they explicitly include them.
- Bi-weekly pay = annual ÷ 26 (not ÷ 24, which is semi-monthly).
Frequently asked
- Salary ÷ (hours/week × weeks/year). Standard assumption: 40 × 52 = 2,080 hours. Adjust hours and PTO above if your reality differs.