Time and a Half Calculator
Prices regular and overtime hours at a rate, with a switch between a weekly 40-hour threshold and a daily 8-hour one.
Hourly Wage Calculator
Enter an hourly wage and the hours behind it. The day, the week, the biweekly check, the month and the year follow, and the hours a year are printed under the yearly figure so it can be traced back to the rate.
What the wage comes to
Results
A year
—
—
A month
—
—
A week
—
—
A day
—
—
How the yearly figure is worked out
—
One wage, six periods
An hourly wage is usually the only number a job offer gives, and every other figure is a multiplication of it. The table below is $20.00 an hour, 40 hours a week, 52 weeks a year.
$20.00 an hour — the same wage in six periods
| Period | Pay | In a year |
|---|---|---|
| Day (week ÷ 5) | $160.00 | 260 |
| Week | $800.00 | 52 |
| Biweekly | $1,600.00 | 26 |
| Semi-monthly | $1,733.33 | 24 |
| Monthly | $3,466.67 | 12 |
| Year | $41,600.00 | 1 |
The month and the semi-monthly check are the year divided by 12 and by 24, so they carry the cents of a division that does not come out even. The day is the week divided by five. The counts in the last column are periods, not payments: a year holds 260 working days at five a week.
A month is not four weeks
Four weeks at $800.00 is $3,200.00, and a twelfth of $41,600.00 is $3,466.67. The $266.67 between them is not a rounding difference: a year is 52 weeks, and twelve months of four weeks only account for 48 of them. The four weeks left over are worth exactly $3,200.00, which is the same as one more weekly payment.
$20.00 an hour, 40 hours a week
Four weeks — $800.00 × 4 = $3,200.00
A twelfth of the year — $41,600.00 ÷ 12 = $3,466.67
Weeks a year — 12 months × 4 weeks = 48 weeks, against 52 in the calendar
The four weeks the months leave out are $3,200.00 — a 13th weekly payment, not an error
That is why a monthly budget built on four weekly paychecks comes up short every month, and why a biweekly schedule produces two months a year with a third check in them. A weekly wage is paid 52 times; a monthly salary is paid 12 times, and each payment is larger than four weekly ones because it covers slightly more than four weeks.
Overtime is not in the hourly figure
Multiplying the wage by the hours actually worked treats every hour as a straight-time hour. Where hours past a threshold are paid at one and a half times the rate, the week is worth more than the multiplication says, and the yearly figure is understated by the premium alone.
$20.00 an hour, 45 hours a week, five of them overtime at 1.5×
Straight time — 40 × $20.00 = $800.00
Overtime — 5 × ($20.00 × 1.5 = $30.00) = $150.00
The week — $800.00 + $150.00 = $950.00, so $49,400.00 a year
Straight-time reading — 45 × $20.00 × 52 = $46,800.00
The premium is $2,600.00 a year — 5 hours × $10.00 × 52 weeks
The $10.00 is the half-rate part of the overtime rate: the first $20.00 of an overtime hour is the wage already counted, and only the extra half is new money. At 50 hours a week the same wage pays $1,100.00 a week and $57,200.00 a year, against $52,000.00 on the straight-time reading, a difference of $5,200.00.
Whether the hours past 40 are overtime at all is a separate question. Salaried and exempt jobs, states with a daily threshold, and union agreements that set a different multiplier all change which hours carry the premium. This page prices the conversion, not the classification: the overtime calculator splits the hours, and the time and a half calculator prices them at a rate.
2,080 hours, and what is not in it
Forty hours a week for 52 weeks is 2,080 hours, and that is the number most conversions use. It counts hours worked. Paid holiday and paid time off are hours paid but not worked, so a job with 15 days of them pays 2,200 hours at the wage while the hours actually worked stay at 2,080.
$20.00 an hour, 40 hours a week, 120 paid hours off a year
Hours worked — 40 × 52 = 2,080 hours
Paid hours off — 15 days × 8 hours = 120 hours
Hours paid — 2,080 + 120 = 2,200 hours, so $44,000.00 a year
Per hour actually worked — $44,000.00 ÷ 2,080 = $21.15
Both figures are correct and they answer different questions. The $20.00 is what an hour of work is paid at; the $21.15 is what the job pays per hour actually spent working once paid days off are included. A wage quoted per hour and a salary quoted per year cannot be compared without deciding which of the two hours the comparison uses.
Unpaid leave moves the other way. A job with four unpaid weeks off is 48 paid weeks, so $20.00 an hour is $38,400.00 a year rather than $41,600.00, and the weeks field above is where that belongs.
When the week is not 40 hours
The 2,080-hour basis assumes a full-time week. A part-time week changes the yearly figure in proportion, and the same wage can be a very different annual number.
$20.00 an hour at different weekly hours, 52 weeks a year
| Hours a week | Hours a year | A year | A month |
|---|---|---|---|
| 20 | 1,040 | $20,800.00 | $1,733.33 |
| 25 | 1,300 | $26,000.00 | $2,166.67 |
| 30 | 1,560 | $31,200.00 | $2,600.00 |
| 32 | 1,664 | $33,280.00 | $2,773.33 |
| 35 | 1,820 | $36,400.00 | $3,033.33 |
| 40 | 2,080 | $41,600.00 | $3,466.67 |
| 45 | 2,340 | $46,800.00 | $3,900.00 |
| 50 | 2,600 | $52,000.00 | $4,333.33 |
The 45 and 50 hour rows are straight time. If those extra hours are paid at 1.5× the year is larger — $49,400.00 and $57,200.00 respectively, as in the section above.
The table also runs backwards, which is where a yearly salary turns into an hourly wage. $50,000.00 a year is $24.04 an hour over 2,080 hours, $32.05 an hour over 1,560 hours (30 a week) and $21.37 an hour over 2,340 hours (45 a week). The salary is fixed; the hourly rate it implies depends entirely on the hours it is divided by, which is why a salaried offer and an hourly one are hard to compare without stating the hours.
What this page does not do
- No tax and no deductions. Every figure is gross. Federal withholding, Social Security and Medicare come out of these numbers, not out of the arithmetic here.
- No clock-in and clock-out. The hours entered are a steady week, not a time card with a lunch break or a late start. The time card calculator handles the days.
- No overtime split. The overtime section shows what a premium adds to a year; it does not decide which hours in a week are overtime.
- No payroll calendar. The biweekly and semi-monthly figures are the year divided by 26 and by 24, not the dates a particular employer pays on.
- No employer policy. Whether paid leave is included, whether a week is 37.5 or 40 hours, and whether the year is 52 paid weeks are decisions the tool cannot see.
- No raise or bonus. This converts one wage as it stands; a raise is a separate calculation on the pay raise calculator.
Questions people actually ask
How do I turn an hourly wage into a yearly figure?
Multiply the wage by the hours worked in a week, then by the paid weeks in a year. At $20.00 an hour and 40 hours a week that is $20.00 × 40 × 52 = $41,600.00. Change either input above and the yearly figure moves with it.
Is a month four weeks of pay?
No. Four weeks at $800.00 is $3,200.00, while a twelfth of $41,600.00 is $3,466.67. A year is 52 weeks and twelve months of four weeks account for 48 of them, so the four remaining weeks — $3,200.00 — are spread across the twelve monthly figures rather than dropped.
What is $20.00 an hour in a month?
$3,466.67 at 40 hours a week and 52 weeks a year, which is $41,600.00 divided by 12. On a semi-monthly schedule the same year pays $1,733.33 twice a month, 24 times.
Does overtime change the yearly figure?
Yes. At 45 hours a week with five hours paid at 1.5×, the week is $950.00 and the year is $49,400.00, against $46,800.00 if every hour were straight time. The $2,600.00 difference is the half-rate premium on 260 overtime hours.
How many hours is a work year?
2,080 at 40 hours a week for 52 weeks. A 30-hour week is 1,560 hours and a 35-hour week is 1,820. Those are hours worked: paid holidays and paid time off sit on top of them, so a job with 120 paid hours off a year pays for 2,200 hours.
What is $50,000.00 a year an hour?
$24.04 over 2,080 hours, which is 40 hours a week for 52 weeks. Over 1,560 hours (30 a week) the same salary is $32.05 an hour, and over 2,340 hours (45 a week) it is $21.37.
Is a day’s pay eight hours?
The tool divides the week by five, so 40 hours a week gives an eight-hour day and $160.00. At 30 hours a week the day is six hours and $120.00. A four-day week of 40 hours is a ten-hour day, which this convention does not model.
Biweekly or semi-monthly — which pays more?
Neither. Both pay the same year: 26 checks of $1,600.00 and 24 checks of $1,733.33 both come to $41,600.00 before rounding. What differs is the date the money arrives and how many checks land in a month.
Related pages
Pay Raise Calculator
Takes the wage from this page and turns a percentage or a dollar raise into a new rate, a new yearly figure and the first check after it.
Biweekly Pay: 26 Checks and the Months With Three
Why a biweekly schedule produces two months a year with a third check, and how the 14-day periods line up with a calendar year.
General information only — not tax, legal or payroll advice. Every figure is gross pay, a day is the week divided by five, a year is 52 paid weeks unless the weeks field says otherwise, and the hours entered are assumed to be the same every week.