How much is $20 an hour per year?

At 40 hours a week, $20 an hour is $800 a week, about $3,467 a month and $41,600 a year before tax.

How do I calculate time and a half?

Multiply your hourly rate by 1.5. At $16 an hour, each overtime hour pays $24. In the calculator, set the overtime premium to 50%.

Is this gross or net pay?

Gross. Taxes and social security depend on your country and situation. The Agenda Laboral app can estimate net pay and lets you adjust it to match your real payslip.

Can I use another currency?

Yes. The amounts work the same in any currency; only the symbol changes by language.

Free · Any currency · No sign-up

Hourly pay calculator

Enter your hourly rate and how many hours you work a week to see your gross pay per week, month and year. If you work overtime or nights, add those hours and the premium your employer pays to see the full amount.

Your pay

Hourly rateRegular hours per weekOvertime hours per weekOvertime premium (%)Night hours per weekNight premium (%)

Per week: $600.00
Per year: $31,200.00
Per month: $2,600.00

Monthly pay uses 52 weeks divided by 12 months. Overtime is paid at your rate plus the premium; night hours add only the premium on top of hours already counted. Check your contract or collective agreement for your real percentages.

Save these hours and clock in with one tap in the app →

How to turn an hourly wage into a salary

Enter your hourly rate and your regular hours per week.
Add any overtime hours and the overtime premium, for example 50% for time and a half.
Add night hours and the night premium if you get one.
Read your gross weekly, monthly and yearly pay.

The formula

Weekly pay = rate × regular hours + rate × overtime hours × (1 + overtime premium) + rate × night hours × night premium. Monthly pay is the weekly amount × 52 ÷ 12, and yearly pay is weekly × 52.

For example, $15 an hour for 40 hours is $600 a week, $2,600 a month and $31,200 a year before tax.

Why monthly pay is not weekly × 4

A month is about 4.33 weeks, not 4. Multiplying by 4 undercounts your pay by around 8% a month. Using 52 weeks over 12 months gives the real average.

Overtime and night premiums

Premiums vary by country, contract and collective agreement. Time and a half is a 50% premium; double time is 100%. Night work often carries its own percentage. Enter the ones on your contract to see how much of your pay comes from them.

Frequently asked questions

How much is $20 an hour per year?: At 40 hours a week, $20 an hour is $800 a week, about $3,467 a month and $41,600 a year before tax.
How do I calculate time and a half?: Multiply your hourly rate by 1.5. At $16 an hour, each overtime hour pays $24. In the calculator, set the overtime premium to 50%.
Is this gross or net pay?: Gross. Taxes and social security depend on your country and situation. The Agenda Laboral app can estimate net pay and lets you adjust it to match your real payslip.
Can I use another currency?: Yes. The amounts work the same in any currency; only the symbol changes by language.