How it works
Formula
Hourly = annual salary ÷ (hours per week × weeks per year). With 40 hours and 52 weeks that is 2,080 hours, so $60,000 a year is $28.85 an hour. Use 50 weeks if you take two weeks of unpaid leave. Pay before taxes; see our paycheck calculators for take-home pay.
Frequently asked questions
How many work hours are in a year?
A full-time schedule of 40 hours × 52 weeks is 2,080 hours, including paid holidays and vacation. The federal government uses a 2,087-hour divisor (the average over a 28-year calendar cycle) to convert federal annual pay to hourly rates, which gives a slightly lower hourly figure.