a standard full-time year
- Annual salary
- $75,000.00
- Hours per week
- 40
- Paid weeks per year
- 52
- Unpaid weeks taken
- 0
Hourly rate$36.06
75,000 over 40 x 52 = 2,080 hours is 36.06 an hour, worked by hand
Open this exampleSalary converted to an hourly rate, with the effect of unpaid overtime made explicit. The rate falls the longer you work, which is exactly what a salary hides.
Also called: salary per hour, annual to hourly.
$36.06 an hour across 2,080 working hours a year. Every extra hour a week beyond 40 lowers this to $32.05 at 5 more.
An estimate, not an offer or a guarantee. Projected returns assume the rate you entered holds for the whole term, which no market does.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for United States change on a published schedule; the effective date is shown on every rule-based tool.
Divide the salary by the hours actually worked. The standard full-time figure of 2,080 hours assumes forty a week for fifty-two weeks, and any hour worked beyond that is unpaid, so it lowers the effective rate. The figure at five hours more a week is shown for that reason: it is usually the more honest number.
hourly rate = annual salary / (hours a week * paid weeks)Each of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Hourly rate$36.06
75,000 over 40 x 52 = 2,080 hours is 36.06 an hour, worked by hand
Open this exampleHourly rate$32.05
boundary: the same 75,000 over 2,340 hours is 32.05, so five unpaid hours a week costs 4.01 an hour. This is the effect a salary hides and the reason the tool exists.
Open this exampleFormula version 1.0.0 · definition 1.0.0 · United States · Report a problem with this calculator