How hourly pay is converted to salary
Annual hours are hours per week times weeks per year. The annual salary equivalent is hourly rate times annual hours.
Weeks per year
Use 52 for full-year work, or a lower number when unpaid time or seasonal work should be reflected. Weekly and fortnightly amounts remain based on the weekly hours entered.
What this calculator does not include
This is a pay conversion only. It does not estimate tax, overtime rules, benefits, payroll deductions, employment classification, minimum wage compliance or take-home pay.
Key terms and assumptionsHourly rate, annual hours, salary equivalent, weekly and fortnightly equivalents, and pay-conversion limits.
- Hourly rate
- Hourly rate is pay per hour entered by the user.
- Annual hours
- Annual hours are hours per week times weeks per year.
- Annual salary equivalent
- Annual salary equivalent is hourly rate times annual hours.
- Weekly equivalent
- Weekly equivalent is hourly rate times hours per week.
- Fortnightly equivalent
- Fortnightly equivalent is two weeks of pay based on the weekly equivalent.
- General conversion
- The result excludes tax, overtime rules, benefits, deductions, employment classification, minimum wage compliance and take-home pay.
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FAQs
How do I convert hourly pay to salary?
Multiply hourly rate by hours per week and weeks per year.
Should I use 52 weeks per year?
Use 52 for full-year work, or a lower number if unpaid time or seasonal work should be reflected.
Does this include tax?
No. It converts the amount entered and does not estimate take-home pay.
Does this include overtime?
No. It uses the hourly rate and hours you enter without applying overtime rules.
Can I use part-time hours?
Yes. Decimal hours are valid.
Why does weeks per year matter?
Fewer paid or worked weeks reduce the annual salary equivalent.
How is fortnightly pay calculated?
It is twice the weekly equivalent.
Is this employment or wage advice?
No. It is a pay conversion based on the rate, hours and weeks entered, not tax, legal, payroll, employment or wage advice.