How we calculated this
The 2,080-hour year — 40 hours a week across all 52 — is the convention payroll uses, not a rule in law. It counts paid time off as hours worked, so a salaried year is 2,080 hours whether or not two of its weeks are holiday. Where time off is unpaid, the 50-week column above is the one to read.
All figures are gross pay, before taxes and deductions. This is not tax advice. Last reviewed 16 October 2026
Frequently asked questions
Is $60.00 an hour a good wage?
That depends entirely on where you live and what you do, and this site has no view on it. What it can tell you is the arithmetic: $60.00 an hour is $124,800 a year at 40 hours a week, $10,400.00 a month before tax.
How many working hours are in a year?
2,080 — 40 hours a week × 52 weeks. It is a convention rather than a rule, and it assumes paid time off: a salaried year has the same 2,080 hours whether or not two of its weeks are holiday. If your time off is unpaid, use the 50-week column in the table above.
Is this my take-home pay?
No. Every figure here is gross pay, before federal and state income tax, Social Security, Medicare and anything your employer deducts. What actually arrives is lower and depends on where you live and your withholding.
What is the difference between biweekly and semimonthly?
Biweekly is every two weeks — 26 paychecks a year, $4,800.00 each at this rate. Semimonthly is twice a month — 24 paychecks, $5,200.00 each. Same annual pay, different cheque, and the two are confused constantly.