📚 Understanding Salary Conversion

This converter helps you understand what your hourly wage translates to in annual, monthly, and weekly salary terms. It's perfect for comparing job offers or budgeting purposes.

🔢 The Calculation Formula:

Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year

💡 Standard Values:

• Full-time: Typically 40 hours/week
• Work Year: Usually 52 weeks (adjust for unpaid vacation)
• Part-time: Enter your actual weekly hours

💰 Salary Comparisons:

Remember that salaried positions often include benefits (health insurance, retirement contributions) that hourly positions may not. Always consider the complete compensation package.

📝 Adjusting for Reality:

For more accurate results, adjust "Weeks Per Year" if you take unpaid time off. For overtime calculations, use your regular rate for the first 40 hours and 1.5× rate for additional hours.