Converting an hourly wage to an annual salary comes down to one simple calculation: multiply your hourly rate by the number of hours you work per week, then multiply that by the number of weeks you work per year.
Hourly Rate × Hours per week × 52 weeks = Annual Salary
For a standard full-time schedule of 40 hours per week, this simplifies to a single multiplier:
Hourly Rate × 2,080 = Annual Salary
Why 2,080?
This number comes from 40 hours per week × 52 weeks per year = 2,080 total working hours in a year. It’s the same standard used by the U.S. Bureau of Labor Statistics and most payroll systems to calculate full-time annual pay, which is why it’s the default multiplier used throughout this guide and in the calculator below.
Example:
$25/hour × 2,080 = $52,000/year
A quick note on accuracy: This formula assumes you work all 52 weeks of the year with no unpaid time off. If you take unpaid vacation, unpaid leave, or don’t work every week of the year, your actual annual earnings will be lower — see the “Part-Time Hourly to Salary” section below for how to adjust the formula for fewer weeks or hours.

0 Comments