How hourly-to-annual pay is calculated
Your annual base pay is your hourly wage × regular hours per week × paid weeks per year. Paid weeks are your working weeks minus any unpaid weeks off. Overtime is added separately at your overtime rate (hourly wage × multiplier), so overtime hours are never double-counted as regular hours.
Monthly pay is annual pay ÷ 12, biweekly pay is ÷ 26 and semimonthly pay is ÷ 24. Weekly figures are averaged over all 52 weeks, so they reflect time off.
All figures are gross pay, before taxes and deductions. To estimate take-home pay, use the paycheck calculator.