Hourly Wage Calculator
Calculate your gross pay from your hourly rate, hours worked, overtime rate and pay period.
Overview
This hourly wage calculator helps you estimate your gross earnings from your hourly rate, regular weekly hours, overtime hours, and overtime pay multiplier. It can show your expected pay per week, average month, and year.
How it works
The calculator multiplies your hourly rate by your regular weekly hours to estimate standard weekly pay. It then applies the overtime multiplier to your hourly rate, multiplies that by overtime hours, and adds the result to regular pay. Annual pay is based on your weekly total multiplied by your working weeks per year, and monthly pay is the annual amount divided by 12.
How to use this calculator
- 1Enter your standard hourly rate.
- 2Add your regular hours worked each week.
- 3Enter any overtime hours you usually work.
- 4Set the overtime multiplier used by your employer.
- 5Adjust the number of working weeks per year if needed.
- 6Review your estimated weekly, monthly, and annual gross pay.
Example Calculation
Hourly Rate
$20
Regular Hours per Week
40
Overtime Hours per Week
5
Overtime Multiplier
1.5
Working Weeks per Year
52
Weekly Gross Pay
$950.00
With a $20 hourly rate, 40 regular hours, and 5 overtime hours at 1.5x, the estimated gross pay is $950 per week, about $4,116.67 per month, and $49,400 per year.
Frequently asked questions
What does this hourly wage calculator estimate?
It estimates your gross weekly, monthly, and annual pay based on your hourly rate, regular hours, overtime hours, and overtime multiplier.
Does this calculator include taxes or deductions?
No. It shows gross pay before deductions such as income tax, retirement contributions, insurance, or other payroll adjustments.
How is monthly pay calculated?
Monthly pay is calculated by taking the estimated annual pay and dividing it by 12 to give an average month.
What overtime multiplier should I use?
Use the rate that applies to your overtime hours, such as 1.5 for time-and-a-half or 2 for double time. If overtime is paid at your standard rate, use 1.
Why can my actual paycheck differ from the estimate?
Real pay can vary because of unpaid breaks, different shift rates, bonuses, holiday pay, deductions, or changes in hours worked.
Explore Related Calculators
Assumptions and warnings
Assumptions
- Results are gross pay estimates before tax, pension, insurance, or other deductions.
- Monthly pay is calculated as annual pay divided by 12.
- Annual pay assumes your weekly hours and pay rate stay consistent across the number of working weeks entered.
- Overtime is calculated using the multiplier you provide and is added to regular weekly pay.
Warnings
- This calculator provides an estimate only and is not financial, tax, or employment advice.
- Actual pay may differ due to unpaid breaks, bonuses, shift premiums, deductions, or local payroll rules.