Professional services
Hourly to Salary Calculator
Annual salary equivalent of an hourly rate, with unpaid time and benefits accounted for.
Result
The common shortcut, doubling the hourly rate and adding three zeros, assumes exactly 2,000 hours a year and no unpaid time. It is close for a standard full-time year and wrong for anyone with unpaid leave or non-standard hours. Benefits are frequently worth 20% to 30% on top of salary and are the main reason hourly and salaried roles are hard to compare directly.
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About this calculator
Is the double-and-add-zeros rule accurate?
It assumes 2,000 hours, which is 40 hours for 50 weeks. Close enough for a quick comparison, and off by several thousand if you actually work 52 paid weeks or take unpaid leave.
How should I value benefits?
At what they would cost you to buy. Employer health insurance and a retirement match are often worth far more than the salary difference between two offers.
The formula
annual = hourly rate x hours per week x paid weeks
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