How it's calculated
annual = pay × (periods per year)
pay = amount each pay period; periods per year = hourly h×52, daily 260, weekly 52, biweekly 26, semi-monthly 24, monthly 12, quarterly 4 (h = hours per week).
Common values
| Hourly | Weekly (40 h) | Monthly | Annual |
|---|---|---|---|
| $15 | $600 | $2,600 | $31,200 |
| $20 | $800 | $3,467 | $41,600 |
| $30 | $1,200 | $5,200 | $62,400 |
| $50 | $2,000 | $8,667 | $104,000 |
Common questions
How do I turn an hourly wage into a yearly salary?
Multiply the hourly rate by hours per week, then by 52 weeks. At 40 hours a week, $20 an hour is $41,600 a year.
Is this gross or net income?
It is gross income, before taxes and deductions. Your take-home pay will be lower after withholding.