Hourly to Annual Salary Calculator

Healthcare pay is often quoted by the hour, while budgets, loan applications and job offers use annual or monthly numbers. This calculator converts between them in either direction, using the schedule you actually work.

What this calculator does

Choose whether you're converting an hourly rate to a salary or a salary to an hourly rate. Enter the rate or salary, your hours per week and paid weeks per year. The calculator shows:

• your annual pay,
• your hourly rate, and
• your pay per month, every two weeks and per week.

The formula in plain English

Hours per year = hours per week × paid weeks per year.

Hourly to salary: annual pay = hourly rate × hours per year.

Salary to hourly: hourly rate = annual salary ÷ hours per year.

Monthly = annual ÷ 12.

Every two weeks = annual ÷ 26.

Weekly = annual ÷ paid weeks.

A worked example

Jordan is a registered nurse earning $48 an hour, working three 12-hour shifts a week (36 hours), with paid time off, so 52 paid weeks a year.

• Hours per year: 36 × 52 = 1,872.
• Annual pay: $48 × 1,872 = $89,856.
• Monthly: about $7,488.
• Every two weeks: about $3,456.
• Weekly: about $1,728.

If Jordan were offered a salaried role at $95,000 for 40 hours a week, that works out to about $45.67 an hour, less per hour than the current job, even though the annual number is higher.

Why it matters at each career stage

If you're: Student

New grad offers are often quoted hourly. Convert them to annual pay to compare with salaried roles and to plan a budget for your first year.

If you're: Employed

When you compare an hourly job with a salaried one, convert both to an hourly rate using the hours you'd really work. A salaried role with frequent unpaid extra hours can pay much less per hour than it seems.

If you're: Resident / fellow

Residents can use the salary-to-hourly mode to see their real hourly pay. At 70 or 80 hours a week, it can be surprisingly low, which is useful context when deciding whether moonlighting is worth it.

Common schedules at a glance

Here's how common healthcare schedules convert at a $40 hourly rate with 52 paid weeks:

• Three 12-hour shifts (36 hours a week): 1,872 hours, or about $74,900 a year.
• Four 10-hour shifts (40 hours): 2,080 hours, or about $83,200 a year.
• Five 8-hour shifts (40 hours): 2,080 hours, or about $83,200 a year.
• Part-time, two 12-hour shifts (24 hours): 1,248 hours, or about $49,900 a year.
• Per-diem, about 16 hours a week: 832 hours, or about $33,300 a year.

A quick rule of thumb for 40-hour jobs: double the hourly rate and add three zeros. $40 an hour is roughly $80,000 a year. For 36-hour schedules, multiply the hourly rate by about 1,870.

Comparing hourly and salaried offers

When an employer offers a salary, ask how many hours the role usually involves, including charting, meetings and call. Then use the salary-to-hourly mode with those real hours. A salaried role that expects 50 hours a week pays 20% less per hour than the same salary at 40 hours. Also check whether salaried roles are eligible for overtime; many aren't.

Things to keep in mind

Shift schedules vary. A 12-hour schedule may alternate between three and four shifts a week. Use your average hours.

Unpaid breaks. If a 30-minute meal break is unpaid, subtract it from your hours.

Overtime and differentials. Night, weekend and holiday pay can add a lot. Use the overtime calculator for those.

Per-diem and PRN work. Per-diem rates are often higher but come without benefits. Compare total compensation, not just the hourly rate.

Benefits matter. A higher hourly rate without health insurance or a retirement match may be worth less overall.

Next, add overtime and differentials, see your take-home pay, or compare a travel nursing package.