Hourly Rate Calculation:
From: | To: |
The US Salary Calculator by Hour converts an annual salary to an equivalent hourly rate based on standard full-time work hours in the United States. This helps employees and employers understand wage equivalencies.
The calculator uses the following equation:
Where:
Explanation: The calculation divides the annual salary by the total number of work hours in a year.
Details: Understanding your hourly equivalent helps with budgeting, comparing job offers, negotiating salaries, and evaluating overtime pay.
Tips: Enter your annual salary in dollars and typical hours worked per week. Standard full-time is 40 hours/week.
Q1: Does this include benefits and bonuses?
A: No, this calculates base salary only. For total compensation, include all benefits and bonuses in the annual amount.
Q2: How accurate is this for part-time work?
A: Very accurate - simply enter your actual weekly hours. The calculation works for any work schedule.
Q3: Should I use gross or net salary?
A: Typically use gross (pre-tax) salary for comparison purposes, but you can use net for personal budgeting.
Q4: Does this account for unpaid time off?
A: No, the calculation assumes you work the entered hours every week of the year. Adjust hours/week if you have regular unpaid time off.
Q5: How does overtime factor in?
A: This shows your base hourly rate. Overtime pay would be calculated separately based on your employer's policies.