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Finance

Salary Calculator

Convert salary between hourly, daily, weekly, monthly, and annual rates. Calculate take-home pay after taxes.

What is Salary Calculator?

The Salary Calculator converts any pay amount into every standard pay period — hourly, daily, weekly, bi-weekly, semi-monthly, monthly, and annual. It helps you compare job offers, negotiate pay, or understand exactly how much you earn per hour based on your annual salary.

How to use

  1. 1 Enter your compensation amount in the Amount field.
  2. 2 Select the pay period that matches how your amount is expressed (e.g. Year for an annual salary).
  3. 3 Adjust hours per week and weeks per year if your schedule differs from the standard 40-hour, 52-week year.
  4. 4 The breakdown table updates instantly with equivalent amounts for all other pay periods.

Formula

Annual Salary = Amount x conversion factor based on period. Hourly = Annual / (Hours per Week x Weeks per Year).

Example calculation

A $60,000 annual salary with a 40-hour week and 52 weeks per year works out to $28.85 per hour, $1,153.85 per week, and $5,000 per month.

Frequently asked questions

How many work hours are in a year?

A standard full-time schedule is 40 hours per week multiplied by 52 weeks, giving 2,080 hours per year. This calculator lets you adjust both figures if your schedule differs.

What is bi-weekly vs semi-monthly pay?

Bi-weekly means paid every two weeks — 26 pay periods per year. Semi-monthly means paid twice a month — 24 pay periods per year. The per-check amounts differ even at the same annual salary.

Does this calculate take-home pay?

This calculator shows gross pay conversions. For an estimate of net take-home pay after federal taxes, use the Tax Calculator alongside it.

How do I convert an hourly rate to annual salary?

Multiply your hourly rate by your hours per week, then by the number of weeks you work per year. For example, $25/hour x 40 hours x 52 weeks = $52,000 per year.

What if I work part-time or fewer than 52 weeks?

Use the Hours per week and Weeks per year fields to enter your actual schedule. The calculator adjusts all period conversions accordingly.