Easily convert an employee’s compensation from hourly to salary, or vice versa. HR Pros rely on Namely’s software platform for payroll and compliance.

Tool Tips for HR Pros

Keep in mind that there are 52 weeks in a year and 40 hours in the average, full-time workweek.

The federal minimum wage is $7.25 per hour (about $15,000 annually). Many cities and states across the U.S. have adopted higher minimums.

Overtime Calculations

Don’t forget that transitioning an employee from hourly to salaried or vice versa does not change their eligibility for overtime. That is determined by two criteria: wages and job duties. Employees earning less than $23,660 per year must be eligible for overtime pay.

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Payroll Hourly to Salary Calculator Tool

Tool Tips for HR Pros

Overtime Calculations