Annual salary
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Convert an hourly rate to an annual salary — see the weekly, biweekly, and monthly breakdown, and compare against nearby pay rates.
Annual salary = hourly rate × hours per week × weeks per year. This assumes every hour is paid at your standard rate with no overtime — adjust "weeks per year" if you take unpaid time off, for a more accurate figure.
salary = hourly rate × hours/week × weeks/year
Multiply your hourly rate by hours per week, then by weeks per year. At 40 hours/week for 52 weeks, that's 2,080 hours a year — $20/hour works out to $41,600 annually.
No — this assumes every hour is paid at your standard rate. If you regularly work overtime at 1.5x pay, your actual annual earnings would be higher than this estimate.
Adjust the "weeks worked per year" field to match your actual schedule — for example, enter 50 if you take 2 unpaid weeks off, for a more accurate annual figure.