1. What is the Hourly to Annual Salary Calculation?

This calculator converts an hourly wage to an annual salary in the Philippines. It's useful for employees, job seekers, and employers to understand equivalent annual earnings based on hourly compensation.

2. How Does the Calculator Work?

The calculator uses the following equation:

Where:

• Hourly Wage — Payment per hour in Philippine Pesos (PHP)
• Hours per Week — Total working hours each week
• 52 — Number of weeks in a year

Explanation: The calculation assumes full-time employment for the entire year without accounting for holidays or leaves.

3. Importance of Salary Calculation

Details: Understanding annual equivalent salary helps in financial planning, job comparisons, and employment contract negotiations.

4. Using the Calculator

Tips: Enter your hourly wage in PHP and typical working hours per week. The calculator will show your estimated annual earnings before deductions.

5. Frequently Asked Questions (FAQ)

Q1: Does this include bonuses or overtime?
A: No, this calculates base salary only. Additional compensation should be calculated separately.

Q2: Is this before or after tax?
A: This shows gross annual salary before any deductions like taxes or benefits.

Q3: What's the standard work week in the Philippines?
A: Typically 40-48 hours per week, but this varies by industry and employment contract.

Q4: How accurate is this for part-time work?
A: It's accurate if your hours are consistent week-to-week throughout the year.

Q5: Does this account for Philippine holidays?
A: No, this assumes 52 working weeks. Actual take-home pay may be less due to holidays.