Salary to hourly calculator
A $75,000 salary sounds impressive until you calculate the hourly rate: $36.06 based on 2,080 hours. But if you regularly work 50-hour weeks (2,600 hours/year), your effective hourly rate drops to $28.85. Meanwhile, someone earning $30/hour with overtime gets $45/hour after 40, potentially out-earning you while working less.
Good to know
The $50/hour benchmark. $50/hour × 2,080 = $104,000/year. Useful mental math: $40/hour = $83,200. $30/hour = $62,400. $25/hour = $52,000. $20/hour = $41,600. $15/hour = $31,200. Memorize these and you can quickly evaluate any offer.
Unpaid overtime destroys effective hourly rate. A $70,000 salary at 40 hours/week is $33.65/hour. At 50 hours/week, it's $26.92. At 60 hours/week, $22.44. Before accepting a salaried position, ask about typical hours. If 50-hour weeks are the norm, price that in.
Benefits add 25-40% to base salary value. Employer health insurance ($7,000-$15,000/year), 401(k) match (3-6% of salary), PTO, and other perks add real value. A $65,000 salary with full benefits often equals $80,000-$90,000 in total compensation. An $80,000 offer with no benefits might be worse.
Disclaimers & sources
For reference only. Not employment or tax advice.