How it works
Everything is converted through the yearly figure using 52 working weeks: an hourly wage is multiplied by hours per week and by 52; a monthly salary by 12. Monthly pay is the yearly amount divided by 12, so months with more working days do not change it.
The results are before tax and do not subtract unpaid holidays. To include unpaid time off, reduce the weeks by lowering hours per week proportionally — for example, two unpaid weeks out of 52 is about 4% fewer hours.
- 25 an hour × 40 hours × 52 weeks = 52,000 a year.
- 60,000 a year ÷ 52 ÷ 40 = 28.85 an hour.
- A rough shortcut: hourly × 2,000 ≈ yearly for full-time work.