How to Use Hourly Wage to Salary
Enter your hourly wage.
Enter the amount of hours you work per week.
How to calculate hourly to salary
We need 3 pieces of information
- Pay rate per hour
- Hours worked per week
- Weeks worked per year
You can always give a general amount for the hours worked per week.
Salary Definition: Is a fixed regular payment which is often paid to a person bi-weekly or per month.
The big difference between a salary and hourly workers is how the employee is paid. An employee that's paid per hour is entitled to overtime pay if they work over 40 hours per week and are paid for each hour. For a salary, the work may vary as it is not dependent on hours worked and typically there is no overtime.
An Hourly employee is not guaranteed specific hours as they may change whereas an employee on a salary is paid the same per period, be it bi-weekly, weekly or a monthly pay period.