Salary Calculator
Convert your pay between hourly, monthly, and annual rates
Salary Calculator
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Find JobsUse our free salary calculator to convert your pay between different time periods. Whether you're paid hourly, daily, weekly, bi-weekly, semi-monthly, monthly, or annually, this tool instantly shows you what your paycheck looks like across all other pay periods. It's perfect for comparing job offers, understanding your true hourly rate, or budgeting your monthly income.
How to Use This Salary Calculator
- 1Enter your salary amount (e.g., $25 per hour or $50,000 per year)
- 2Select your current pay period (e.g., Hourly, Annually)
- 3Adjust the hours per week if you work part-time or overtime (default is 40)
- 4Adjust the days per week if needed (default is 5)
- 5Click Calculate to see your pay converted into all other time periods
Understanding Your Results
The results show a complete breakdown of your gross pay for every standard pay period. The **Annual Salary** is your total yearly earnings. The **Hourly Rate** shows effectively how much you earn for each hour worked. The table breaks down your gross pay (before taxes) for each period, helping you understand exactly how much money is coming in.
Frequently Asked Questions
To calculate your hourly rate from your annual salary, divide your annual salary by the total number of working hours in a year. A standard full-time work year is typically considered 2,080 hours (40 hours/week × 52 weeks). For example, if you earn $52,000 per year: $52,000 ÷ 2,080 = $25.00 per hour.
Bi-weekly pay means you get paid every two weeks, resulting in 26 paychecks per year. Semi-monthly pay means you get paid twice a month (usually on the 15th and last day), resulting in 24 paychecks per year. Because there are two fewer paychecks with semi-monthly pay, each semi-monthly paycheck is slightly larger than a bi-weekly paycheck for the same annual salary.
Divide your annual salary by the number of working days in a year. A standard work year has about 260 working days (5 days/week × 52 weeks). For example, a $52,000 salary ÷ 260 days = $200 per day.
No, this calculator determines your gross pay (pay before taxes and deductions) for different time periods. To calculate take-home pay, you would need to subtract federal income tax, state income tax, Social Security (6.2%), Medicare (1.45%), and other deductions like 401k contribution and health insurance.
A standard full-time work schedule of 40 hours per week typically amounts to 2,080 hours per year (40 hours × 52 weeks). However, the actual number of working hours may be less due to holidays, vacation days, and sick leave.
If you work full-time (40 hours/week), $20 an hour translates to an annual salary of $41,600 ($20 × 2,080 hours). This assumes you are paid for 52 weeks per year.
$50,000 a year is approximately $24.04 per hour, assuming a standard 40-hour work week ($50,000 ÷ 2,080 hours).
Since you receive 26 bi-weekly paychecks a year versus only 24 semi-monthly paychecks, each bi-weekly check is smaller (Annual Salary ÷ 26) compared to a semi-monthly check (Annual Salary ÷ 24). However, with bi-weekly pay, you receive two 'extra' paychecks per year (months with 3 paydays).
If you are a salaried employee, holidays are typically paid and do not reduce your annual salary. If you are an hourly employee and do not receive paid holidays, you would subtract the hours for those holidays from your total annual working hours to get a more accurate annual income estimate.
Yes! You can adjust the 'Hours per Week' and 'Days per Week' inputs to match your part-time schedule. This will give you accurate conversions for calculating your weekly, monthly, and annual earnings based on your specific part-time hours.