Why Use an Hourly to Salary Converter?
Understanding the true value of a job offer can be confusing when one listing offers an annual salary and another offers an hourly wage. This tool removes the guesswork, allowing you to normalize compensation packages for a direct "apples-to-apples" comparison.
For US-based employees, the standard work year consists of 2,080 hours (40 hours/week × 52 weeks). However, contractors often only bill for 48-50 weeks to account for unpaid time off. You can adjust the "Weeks per Year" input above to see how unpaid vacation affects your bottom line.
Common Usage Scenarios
- Job Offers: Quickly compare a $60/hr contract role vs a $110k salaried position.
- Raises: Calculate what a $2/hr raise looks like in your yearly paycheck.
- Budgeting: Breakdown your annual income into monthly constraints for better financial planning.
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