Moving & Money
Hourly to Salary Converter
Both directions on one page: an hourly rate as a salary, and a salary as an hourly rate.
Hourly rate to salary
$62,400
per year
$5,200
per month
$1,200
per week
Salary to hourly rate
$30.00
per hour
$240.00
per 8-hour day
How the math works
A yearly salary is the hourly rate times hours per week times weeks per year. At $30 an hour, 40 hours a week, 52 weeks a year, that is $62,400: $5,200 a month and $1,200 a week. The reverse divides the salary by the same hours: $62,400 over 2,080 working hours is $30 an hour.
Weeks per year is where the honest adjustments live. Fifty-two assumes no unpaid time off. If a job pays hourly with two unpaid weeks, use 50: the same $30 rate is $60,000, not $62,400. These figures are gross pay, before taxes and deductions.