Hourly Wage Calculator
Your hourly wage from yearly, monthly or weekly pay, and your real rate per hour worked with unpaid hours and paid time off.
Your pay
Filled in with example values. Replace them with your own.
Your real hourly rate (optional)
Unpaid overtime, or commuting if you want to count it. Lowers what you earn per hour.
Paid holidays and leave: weeks you are paid but do not work. Raises what you earn per hour worked.
Currency symbol
Results update as you type.
Result
Hourly wage: $25.00 ($52,000.00 a year over 2,080 paid hours)
Hourly wage
$25.00an hour
- Yearly
- $52,000.00
- MonthlyAverage month
- $4,333.33
- Weekly
- $1,000.00
- Paid hours a year
- 2,080
How it’s calculated
Paid hours a year
40 × 52 = 2,080
Hourly wage
$52,000.00 ÷ 2,080 = $25.00
How the hourly wage calculator works
Enter your pay before tax, how often you receive it and your paid hours a week. The calculator turns it into yearly pay and divides it by the paid hours in a year to find your hourly wage.
Two optional inputs show your real hourly rate: unpaid hours you work on top of your contract, and weeks of paid time off. Together they give what you earn for each hour you actually work.
The formula
Yearly pay = Pay × Pay periods a year
Hourly wage = Yearly pay ÷ (Paid hours a week × 52)
Effective rate = Yearly pay ÷ ((Paid + Unpaid hours) × (52 − Weeks off))
Pay periods a year: 1 for yearly, 12 for monthly, 26 for every two weeks and 52 for weekly pay.
Worked example
A salary of 52,000 a year for 40 hours a week:
- Paid hours a year: 40 × 52 = 2,080
- Hourly wage: 52,000 ÷ 2,080 = 25.00 an hour
- With 5 unpaid hours a week: 52,000 ÷ (45 × 52) = 22.22 per hour worked, 11.1% less
- Adding 4 weeks of paid time off: 52,000 ÷ (45 × 48) = 24.07 per hour worked
Assumptions and limitations
- Your pay is the same every period, and a year has 52 weeks.
- Amounts are before tax and other deductions.
- Bonuses, overtime pay and benefits are only included if you add them to your pay.
Frequently asked questions
Why divide by 52 weeks if I get holidays?
A salary pays you for every week of the year, including paid holidays, so the hourly wage is your pay per paid hour. To see what you earn per hour actually worked, turn on paid time off.
What is the effective hourly rate?
Your yearly pay divided by the hours you actually spend working. Unpaid overtime lowers it, and paid time off raises it. Some people also count commuting time to see what an hour of their working day is worth.
Is this before or after tax?
Before tax. Tax rules depend on where you live and your circumstances, so no tax is deducted or assumed.
Why is the monthly amount not pay ÷ 4?
A month is a little over four weeks on average. The calculator works out yearly pay first and divides it by 12, so the monthly figure is an average month.