Hourly to salary formula
To convert hourly wage to annual salary: Annual = Hourly × Hours/Week × Weeks/Year
For a standard full-time job (40 hrs/wk × 52 weeks = 2,080 hrs/yr):
- $15/hr × 2,080 = $31,200/yr
- $20/hr × 2,080 = $41,600/yr
- $25/hr × 2,080 = $52,000/yr
- $30/hr × 2,080 = $62,400/yr
- $50/hr × 2,080 = $104,000/yr