How Many Work Hours Are in a Year? Convert Your Hourly Wage to Yearly

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Do you know how much money you make per year — or how vacation time, sick leave and paid holidays factor into your overall pay? Knowing these things is important, especially if you’re actively looking for a new job or considering taking a different career path in the near future.

There are 2,080 working hours in a year. Learn about what that means exactly, how to convert your hourly pay to annual wages and more below.

How Many Work Hours Are in a Year?

Generally, a full-time employee in the U.S. logs eight hours per workday, five days each week, amounting to 40 hours weekly. With 52 weeks in a year, this results in an annual total of about 2,080 work hours.

Doing the math tells you that there are 260 work days (52 weeks x 5 days) and 2,080 work hours (52 weeks x 40 hours) in the average calendar year. So, if you earn $25 per hour, you could say you make $52,000 per year. However, this number may not be completely accurate.

Other Factors That Play a Role

When was the last time you worked 40 hours per week for 52 weeks straight without getting sick, taking a personal day or taking time during the holidays to spend time with family and friends?

Work callouts are so common that the Bureau of Labor Statistics tracks absences to help companies understand the average workforce in different industries. Aside from employee absences, about 74% of U.S. employers offer paid holidays, 76% offer paid vacation time and 74% offer paid sick leave. All these benefits play a role in the amount of money you earn and the number of hours you must work to earn that money each year.   

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Vacation Hours

Considering the fact that 76% of employers in the United States offer paid vacation time, there’s a strong chance that you get paid for at least a week or two a year to stay away from work. These vacation hours have one of two impacts on your annual workload and income.

  • Reduction in work hours: If you take your vacation time, you reduce the total number of hours you work in a year, thus slightly increasing your real hourly wage.
  • Increased income: Some companies offer vacation buyback plans. If you don’t use your vacation time, they buy that time back, adding the value of those hours to your paycheck. This could increase your annual wage.
    • For example, if you earn $25 per hour and sell three vacation weeks to your employer, you’ll increase your yearly earnings by $3,000 (40 hours X $25 X 3 weeks).

Paid Sick Leave

Paid sick leave is offered by 74% of employers. This also increases your hourly wage.

If you get sick three times per year, you would likely miss between 7 and 10 work days per year. For example purposes, say the average person misses 8.5 work days per year due to sickness.

If you earn $25 per hour, paid sick leave for those 8.5 work days means you earn $1,700 for hours you weren’t working.

Factoring Holiday Hours

There are currently 10 government holidays, and 74% of employers offer paid holidays. Some offer payment for all government holidays, while others only offer payment for specific days.

If you get paid for all 10 holidays, you can work 80 fewer hours per year and get paid for that time. At $25 per hour, that works out to a value of $2,000.

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How To Compare Jobs Considering These Factors

If you’re considering a career change or actively looking for a new job, it’s important to consider all of these factors when you decide which company to work for. After all, two seemingly similar jobs could offer very different earnings potential.

For example, Job A offers you $25 per hour, 40 hours of sick leave, 80 hours of vacation time and paid holidays. Job B offers you $26.50 per hour, but you get no sick leave, paid vacation or paid holidays.

In Job A, you get an average of $5,700 in paid time off-related benefits. A $1.50 increase in wages only equates to $3,120 per year, and that’s only if you work the entire 2,080 working hours available in a year.

Consider Your Personal Working Habits

It’s also important to consider your working habits. If you don’t typically get sick as much as the average person, you may not benefit from having 40 hours of sick leave per year. Moreover, if you don’t take vacations, it may be advantageous for you to specifically look for employers with vacation buyback programs.

Final Take

It’s essential to understand your career opportunities and the payment involved in them on a granular level. Use the information above to help you choose the job offers that provide the most value for your time. 

FAQ

Find the answers to common questions about annual work hours below.
  • How many hours are in the work year in 2023?
    • The average year has 2,080 work hours, including 2023. Leap years may have 2,088 working hours.
  • How many hours do people work a year?
    • The average employee works 2,080 hours each year.
    • However, the average person also takes 10 vacation days, 8.5 sick days and 10 government holidays. That brings total working hours down to about 1,852.
  • How many hours is a 32-hour work year?
    • If you work 32 hours per week, you work an average of 1,664 hours per year.
  • Is 70 hours of work a lot?
    • Yes, 70 hours of work is far more than the average of 40 hours per week.
    • To put it in perspective, 40 hours a week with a five-day work week is 8 hours per day. That five-day work week at 70 hours a week is 14 hours per day. With a six day work week, 70 hours is still over 11.5 hours per day.
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The article above was refined via automated technology and then fine-tuned and verified for accuracy by a member of our editorial team.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

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