function calculateYearlySalary() {
var hourlyRateInput = document.getElementById("hourlyRate");
var hoursPerWeekInput = document.getElementById("hoursPerWeek");
var weeksPerYearInput = document.getElementById("weeksPerYear");
var resultDiv = document.getElementById("result");
var hourlyRate = parseFloat(hourlyRateInput.value);
var hoursPerWeek = parseFloat(hoursPerWeekInput.value);
var weeksPerYear = parseFloat(weeksPerYearInput.value);
if (isNaN(hourlyRate) || isNaN(hoursPerWeek) || isNaN(weeksPerYear) || hourlyRate < 0 || hoursPerWeek < 0 || weeksPerYear < 0) {
resultDiv.innerHTML = "Please enter valid positive numbers for all fields.";
return;
}
var yearlySalary = hourlyRate * hoursPerWeek * weeksPerYear;
resultDiv.innerHTML = "Your estimated yearly salary is: $" + yearlySalary.toFixed(2);
}
.calculator-container {
font-family: Arial, sans-serif;
border: 1px solid #ccc;
padding: 20px;
border-radius: 8px;
max-width: 400px;
margin: 20px auto;
box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);
}
#calculator-title {
text-align: center;
margin-bottom: 20px;
color: #333;
}
.calculator-inputs {
display: flex;
flex-direction: column;
gap: 15px;
margin-bottom: 20px;
}
.input-group {
display: flex;
flex-direction: column;
}
.input-group label {
margin-bottom: 5px;
font-weight: bold;
color: #555;
}
.input-group input {
padding: 10px;
border: 1px solid #ccc;
border-radius: 4px;
font-size: 1em;
}
.calculator-container button {
display: block;
width: 100%;
padding: 12px;
background-color: #007bff;
color: white;
border: none;
border-radius: 4px;
font-size: 1.1em;
cursor: pointer;
transition: background-color 0.3s ease;
}
.calculator-container button:hover {
background-color: #0056b3;
}
.calculator-result {
margin-top: 20px;
padding: 15px;
background-color: #e9ecef;
border: 1px solid #dee2e6;
border-radius: 4px;
text-align: center;
font-size: 1.1em;
color: #333;
}
Understanding Your Yearly Salary from an Hourly Wage
Calculating your potential yearly salary based on your hourly wage is a fundamental step in financial planning. Whether you're negotiating a new offer, budgeting for the future, or simply curious about your earning potential, understanding this conversion is key. This calculator simplifies the process by taking your hourly rate and factoring in the typical hours you work per week and the number of weeks you're employed annually.
The basic formula is straightforward:
Yearly Salary = Hourly Wage × Hours Worked Per Week × Weeks Worked Per Year
For example, if you earn $15.50 per hour, work 40 hours per week, and have 52 weeks of employment in a year, your calculation would be:
$15.50/hour × 40 hours/week × 52 weeks/year = $32,240 per year
It's important to note that this calculation provides a gross salary figure, meaning it doesn't account for taxes, deductions, or unpaid leave. Factors like overtime pay, bonuses, or unpaid holidays can also influence your actual take-home pay. However, this calculator serves as an excellent tool for estimating your baseline annual earnings from your hourly compensation. Use it to set realistic financial goals and gain a clearer picture of your income.