Finance

Annual Salary Per Hour Calculator

Find your true hourly rate from your annual salary based on actual hours worked.

Annual Salary ($)

Hours per Week

Paid Weeks per Year

Actual Hours Worked (if more) (hrs/week)

Many salaried workers average 45-50 hrs/week

Formulas:
Official Hourly = Salary / (Hours/Week × Weeks/Year)
Effective Hourly = Salary / (Actual Hours × Weeks/Year)

Your Real Hourly Rate

The "official" hourly rate assumes exactly 40 hours per week. But many salaried workers average 45-50+ hours. Your effective hourly rate could be significantly lower than you think. A $65,000 salary at 50 hrs/week is $25/hr, not $31.25/hr.