Pay Converter
Gross pay only: this calculator does not estimate income tax, CPP, EI, overtime premiums, bonuses, unpaid leave, benefits or deductions. It simply converts the compensation rate using the schedule you enter.
Hourly or salary.
See the same pay both ways.
Convert an hourly wage into annual salary — or an annual salary back into an hourly rate — using the work schedule that actually applies to you.
● Gross-pay estimate • No tax assumptionsEquivalent Pay
Annual salary$62,40040 hours/week × 52 weeks
$30.00Hourly
$1,200.00Weekly
$2,400.00Biweekly
$5,200.00Monthly average
$62,400.00Annual
2,080Hours/year
Hourly to annual
Annual gross pay is calculated as hourly rate × hours per week × paid weeks per year. A $30/hour rate at 40 hours per week for 52 paid weeks equals $62,400 gross annually.
Salary to hourly
The reverse calculation divides annual salary by the total working hours you enter. This is useful when comparing a salaried offer with an hourly job using the same work schedule.