Hourly or Salaried? How to Compare Two Offers Properly
A $30 hourly contract and a $62,000 salary are not the same offer. Here is the arithmetic that makes them comparable.
Convert an hourly rate into weekly, biweekly, monthly and annual pay, with overtime folded in at your own multiplier.
Every figure below is labelled in the currency you pick. Amounts are not converted — enter values in the same currency.
Salaried employees are paid for all 52 weeks, holidays included. Hourly workers without paid leave are not: two unpaid weeks off makes the honest multiplier 50, which lowers the annual figure by nearly 4%. Set the paid-weeks field to what your contract actually gives you before comparing an hourly job against a salaried offer.
An hourly rate and a salary are not comparable until you add benefits. Employer health contributions, retirement matching, paid leave and sick pay are frequently worth 20–30% of base pay, and hourly roles often carry less of all four. A $30/hour contract role is usually worth less than a $62,000 salary, not more.
Annual = hourly × hours per week × paid weeks
Every result on this page comes from this formula. Nothing is rounded until the final display, so figures match a spreadsheet to the cent.
Double the hourly rate and add three zeros: $28 an hour is roughly $56,000 a year. That shortcut assumes 40 hours a week for 50 weeks and is accurate to about 4%.
No, this is gross pay. Use the take-home paycheck calculator to see the net figure after federal, state and payroll taxes.
Yes. Every calculator on the site is free, needs no sign-up, and runs entirely in your browser, so your figures never leave your device.
The maths is exact for the formula shown on the page. Accuracy in the real world depends on your inputs and on assumptions the formula cannot see, so treat the output as a well-grounded estimate rather than a quote.
Yes. The page is responsive, weighs a few kilobytes and works offline once loaded, so it behaves the same on a phone as on a desktop.
A $30 hourly contract and a $62,000 salary are not the same offer. Here is the arithmetic that makes them comparable.
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Written and reviewed by The Samsung Calculator editorial team. Every calculator is written against a published formula, reviewed against at least one independent reference implementation, and dated when it changes.
Last reviewed August 15, 2026 · Calculation runs client-side · No data collected · Report an error