How do I convert my hourly wage to annual salary?

Multiply your hourly rate by hours worked per week, then by 52 weeks. For example, $25/hour x 40 hours x 52 weeks = $52,000 annual salary. Adjust weeks worked if you have unpaid time off.

What is the difference between bi-weekly and semi-monthly pay?

Bi-weekly pay is every two weeks (26 paychecks per year), while semi-monthly is twice per month on set dates (24 paychecks per year). Bi-weekly gives you 2 extra paychecks annually compared to semi-monthly.

How do I calculate my hourly rate from my annual salary?

Divide your annual salary by total work hours per year. For a standard 40-hour week over 52 weeks: Annual salary / 2080 = hourly rate. A $50,000 salary equals about $24.04 per hour.

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Convert between hourly wage and annual salary

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Pay Period

Hours Per Week

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Weeks Per Year

weeks

Use 50 to account for 2 weeks vacation

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Pay Period Definitions

Hourly: Pay per hour worked
Daily: Hours per day × hourly rate
Weekly: 1 week of pay (52 per year)
Bi-Weekly: Every 2 weeks (26 paychecks/year)
Semi-Monthly: Twice a month (24 paychecks/year)
Monthly: Once a month (12 paychecks/year)
Annual: Total yearly salary

Did You Know?

Employees who negotiate salary earn $5,000 more on average than those who accept the first offer.
The average North American works approximately 1,800 hours per year, down from over 1,900 hours in the 1950s.
Bi-weekly pay (26 paychecks) results in 2 extra paychecks per year compared to semi-monthly pay (24 paychecks).

Created by

The Ugly Empire Team

Software engineers and data specialists with backgrounds in financial services, mathematics, and educational technology. Our team builds tools using industry-standard formulas verified against authoritative sources.

Last reviewed: January 2026

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Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, legal, medical, or professional advice. Always consult qualified professionals for important decisions. We strive for accuracy but cannot guarantee results will match real-world outcomes due to varying factors and individual circumstances.

Salary Calculator

Pay Period Definitions

Did You Know?

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