Find the total annual salary from hourly wage with this Hourly Wage Calculator.

Input your hourly wage, normal hours, and overtime hours, to determine salary.

To find salary from hourly wage, use these formulas:

Regular Weekly Pay = Hourly Wage x Hours Worked

Overtime Weekly Pay = Hourly Wage x 1.5 x Overtime Hours

Overtime Hours = The amount of hours worked above-and-beyond 40

hours. If you worked 55 hours in a week, your overtime hours would

be 15.

Total Weekly Pay = Regular Weekly Pay + Overtime Weekly Pay

Total Salary = Weekly Pay x Work Weeks per Year

Example: If you earn $8.35 per hour, work 50 weeks a year, and

average 50 hours/week:

Regular Weekly Pay = 8.35 x 40 = $334

Overtime Weekly Pay = 8.35 x 1.5 x 10 = $125.25

Total Weekly Pay = $334 + $125.25 = $459.25

Total Salary = $459.25 x 50 = $22,962.50

More Resources...

Hourly vs. Salary, Which is Better?

Hourly vs. Salary Video from Investopia

A Forbes Article on Hourly vs. Salary