tools / finance
Salary Calculator
Convert between hourly, daily, weekly, bi-weekly, monthly, and annual salary.
$
| Period | Amount |
|---|---|
| Hourlyinput | $25.00 |
| Daily | $200.00 |
| Weekly | $1,000.00 |
| Bi-weekly | $2,000.00 |
| Monthly | $4,333.33 |
| Annual | $52,000.00 |
FAQ
- How is annual salary calculated from hourly?
- Hourly rate × hours per week × 52 weeks. The default assumes 40 hours/week. Adjust the hours field for part-time or overtime.
- What does bi-weekly mean?
- Bi-weekly means every two weeks — 26 pay periods per year. This differs from semi-monthly (24 pay periods), which means twice per month.
- Does this account for taxes?
- No. These are gross amounts before tax. Use the Tax Bracket Calculator to estimate take-home pay after federal income tax.
ABOUT THIS TOOL
Enter any salary figure — hourly, weekly, monthly, or annual — and see it converted across all the common pay periods at once: hourly, daily, weekly, bi-weekly, monthly, and annual. The conversion assumes a standard full-time schedule unless you adjust the hours, so it accounts for things like whether a year is treated as 52 working weeks. Job seekers use it to compare an hourly offer against a salaried offer stated annually, and employers use it to sanity-check pay rates across different pay-period formats. It's also useful for understanding what a raise or hourly rate change actually amounts to over a full year.
HOW TO USE
- Enter your pay amount and select which period it represents (hourly, weekly, monthly, or annual).
- Adjust weekly hours if you don't work a standard full-time schedule.
- Review the converted amounts across all other pay periods.
- Use the annual figure to compare against other job offers or budgets.
- Recalculate with a different hourly rate to see the annual impact of a raise.
COMMON USE CASES
- A job seeker comparing a $28/hour contract offer against a $58,000/year salaried offer.
- A part-time worker figuring out their annual income based on fewer than 40 hours a week.
- An employer converting an annual salary budget into an hourly rate for a contractor comparison.
- Someone negotiating a raise who wants to see what a $2/hour increase adds up to per year.
- A freelancer converting a target annual income into an hourly rate they need to charge.
TIPS & COMMON MISTAKES
- Annual salary conversions typically assume 52 weeks of work; if you take unpaid time off, your actual annual pay will be lower than the converted figure.
- Hourly-to-annual comparisons should account for benefits too — a lower hourly contract rate with no benefits isn't directly comparable to a salaried rate that includes health insurance or PTO.
- Bi-weekly pay (26 paychecks a year) is not the same as semi-monthly pay (24 paychecks a year) — they only align in months without a third pay date.
- Overtime pay isn't reflected in a simple hourly-to-annual conversion unless you calculate it separately.
MORE QUESTIONS
- Is bi-weekly pay the same as twice-monthly pay?
- No. Bi-weekly pay happens every two weeks, producing 26 paychecks a year and occasionally two paychecks in the same month. Semi-monthly pay happens on two fixed dates each month, producing exactly 24 paychecks a year. The annual totals can match, but the paycheck amounts and timing differ.
- How many working hours does the annual conversion assume?
- By default, standard conversions assume a 40-hour week over 52 weeks (2,080 hours a year). If you work part-time hours or take significant unpaid leave, adjust the hours input so the conversion reflects your actual schedule rather than the full-time default.
- Why might an hourly rate that looks higher than a salary actually pay less overall?
- A salaried position often includes paid time off, health benefits, and retirement matching that aren't part of a straight hourly wage. When comparing offers, it helps to estimate the value of those benefits and add them to the hourly-converted figure for a fairer comparison.
- Does this account for taxes?
- No, all figures shown are gross pay before taxes and deductions. Take-home pay will be lower once federal, state, and payroll taxes and any pre-tax deductions are applied.
RELATED GUIDES
How to Convert Hourly to Annual Salary
The formula for converting hourly wage to annual salary, a quick reference table, and the mental math shortcut.
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