To find the hourly rate behind a salary, divide the salary by the hours you work in a year.
Hourly rate = annual salary ÷ (hours per week × 52)
For a standard 40-hour week, divide by 2,080: $60,000 ÷ 2,080 = $28.85 an hour.
Salary to hourly table (40 hours, 52 weeks)
| Salary | Hourly | Salary | Hourly |
|---|---|---|---|
| $30,000 | $14.42 | $75,000 | $36.06 |
| $40,000 | $19.23 | $80,000 | $38.46 |
| $50,000 | $24.04 | $90,000 | $43.27 |
| $60,000 | $28.85 | $100,000 | $48.08 |
| $70,000 | $33.65 | $120,000 | $57.69 |
Use the hours you really work
A salary does not change when the week gets longer, so the real hourly rate falls. $60,000 at different weekly hours:
| Hours a week | Hours a year | Hourly rate |
|---|---|---|
| 40 | 2,080 | $28.85 |
| 45 | 2,340 | $25.64 |
| 50 | 2,600 | $23.08 |
| 55 | 2,860 | $20.98 |
This is the fairest way to compare a salaried job with an hourly one, especially when the hourly job pays overtime. The job offer comparison calculator does it for two or three offers at once.
Paid time off
Most salaries pay for holidays and vacation. Dividing by 2,080 gives your rate per paid hour. To find your rate per hour actually worked, divide by the hours you work after time off. With 10 holidays and 15 vacation days, a 40-hour employee works about 2,080 − 200 = 1,880 hours, so $60,000 is about $31.91 per hour worked. The work hours per year calculator counts the exact days for any year.
Salary and overtime
Some salaried employees are owed overtime. Being paid a salary does not by itself make a job exempt from overtime; exemption depends on legal tests of the job’s duties and pay. If you are nonexempt, your hourly rate also sets your overtime rate. See regular hours vs overtime hours.
Tools
- Salary to hourly calculator: your hourly, daily, weekly, and per-paycheck pay at your real hours.
- Hourly to salary calculator: the reverse conversion.
Sources
About this guide. Written for US employees as general information, not legal or tax advice. Rules can differ by state, employer, and contract. See our methodology and disclaimer.