How salary and hourly pay actually convert
The standard conversion assumes 40 hours a week for 52 weeks: 2,080 paid hours a year. Real jobs vary, which is why the hours and weeks here are editable instead of hidden.
The 2,080 rule
Annual salary divided by 2,080 gives the hourly equivalent of a standard full-time year (40 hours x 52 weeks). A $75,000 salary is about $36.06 an hour on that basis.
Unpaid time changes it
If your time off is unpaid, you are paid for fewer weeks. Lower the weeks-per-year input and the true hourly value of a salary rises, or the annual value of an hourly rate falls.
Overtime is not in a salary
Most salaried (exempt) roles do not pay overtime, so a salary spread over 50-hour weeks is worth meaningfully less per hour than the same salary at 40. Set hours per week to what you actually work.
Pay periods differ from months
Biweekly pay (26 checks) is not the same as semimonthly pay (24 checks). Two months a year, a biweekly schedule pays three checks. The ledger shows both so nothing surprises you.
Gross, not take-home
These are pre-tax numbers. For what actually lands in your account after federal, state, and FICA taxes, use the paycheck calculator.
