Inputs

Set your pay, schedule, and time-off assumptions. The calculator shows both hourly equivalent (paid hours) and effective hourly (worked hours).

USD
e.g., 40 or 37.5
used for PTO/holidays
usually 52
e.g., unpaid leave
e.g., 20
optional
10% bonus adds $6,000 to annual pay.
optional
$/hour add-on
Adds to hourly equivalent (paid hours). Useful for night/weekend differentials.
scenario
1.5 typical

Note: This tool estimates an “hourly equivalent” from a salary. Real pay can differ due to benefits, bonuses, unpaid breaks, overtime eligibility, and employer rules. Use for planning and comparisons.

How this calculator works

This tool converts a yearly salary into hourly pay by estimating how many hours you’re paid for (and how many hours you actually work). The core idea is:

  • Paid hours ≈ (weeks per year − unpaid weeks) × hours per week
  • Worked hours ≈ paid hours − (paid days off × hours per day) (optional)
  • Hourly equivalent = total annual pay ÷ paid hours
  • Effective hourly = total annual pay ÷ worked hours

You can also add a bonus, shift differential, and an optional overtime scenario to see how those change your hourly rates.

Examples

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FAQs

How much is $60,000 a year per hour?

It depends on your schedule. At 40 hours/week and 52 weeks/year, $60,000 is about $28.85/hour. If you work fewer paid hours or have unpaid weeks off, the hourly equivalent changes.

What’s the difference between “hourly equivalent” and “effective hourly”?

Hourly equivalent uses paid hours. Effective hourly uses hours actually worked (optionally subtracting PTO/holidays). Effective hourly is often higher because you’re paid for time off.

Does this include taxes or benefits?

No. This is a gross pay estimate. Taxes, insurance, retirement contributions, and employer benefits vary widely. Use this to compare job offers and schedules.

What if I work 37.5 hours per week?

Then your paid hours go down, so the hourly equivalent typically goes up for the same annual salary. We include a dedicated page for this scenario below.

Can a salaried job have overtime?

Sometimes. Some roles are overtime-eligible and some aren’t. If you check “Assume overtime is paid on top of salary,” the calculator shows a scenario where overtime pay is added.

Disclaimer

This calculator provides estimates only and should not be considered financial, tax, or legal advice. Always verify details with your employer and/or a qualified professional.