Salary Calculator: Hourly, Monthly and Annual Pay
Our salary calculator turns any pay rate into hourly, daily, weekly, biweekly, monthly and annual figures. Set your own hours, days and paid weeks, then add a tax rate and deductions to estimate your take home pay. It works as a wage calculator for full time, part time and salaried jobs.
What a Salary Calculator Does
Job offers, payslips and job ads quote pay in different ways. One says $25 an hour, another says $52,000 a year and a third pays every two weeks. A salary calculator puts all of them on the same scale so you can compare them fairly.
Enter one figure and the tool shows what it means for every other period. It uses your real working hours and paid weeks rather than a fixed rule. You can also add a tax rate and deductions to see roughly what reaches your bank account.
How to Use the Salary Calculator
- Enter your pay and choose how often it is paid.
- Set your hours per week, days per week and paid weeks per year.
- Add pre tax deductions and your total tax rate if you want take home figures.
The results show your annual pay, hourly rate and monthly pay. A table lists the gross amount for each period, from hourly to yearly, with take home pay beside it when you add tax. All figures update as you type.
How to Convert Hourly to Salary
To convert an hourly rate, multiply it by your hours per week and by the number of paid weeks. A full time job of 40 hours a week for 52 weeks has 2,080 paid hours a year. At $25 an hour, that is 25 × 2,080 = $52,000 a year.
Divide the annual figure by 12 for monthly pay, which comes to $4,333.33. Paid every two weeks, the same job gives $2,000.00 per paycheck. Paid twice a month, each paycheck is $2,166.67.
A Quick Rule of Thumb
For a full time job, doubling the hourly rate and adding three zeros gives a close annual figure. $25 an hour becomes about $50,000, and $30 an hour about $60,000. The exact figure is a little higher, since 2,080 hours is slightly more than 2,000.
How to Convert Salary to Hourly
To find the hourly rate behind a salary, divide the annual pay by your paid hours in a year. A salary of $50,000 with 2,080 hours works out to $24.04 an hour. A $75,000 salary is $36.06 an hour, and $100,000 is $48.08 an hour.
This matters when you compare a salaried job with an hourly one. Salaried staff often work more than 40 hours, which lowers their real hourly rate. Enter your actual hours in the wage calculator to see the true figure.
Salary Calculator Examples
A Full Time Hourly Job
A worker earns $25 an hour for 40 hours a week. The salary calculator shows $52,000 a year, $4,333.33 a month and $1,000.00 a week. Every two weeks, the paycheck before tax is $2,000.00.
A Part Time Job
Someone works 20 hours a week at $18 an hour. The wage calculator gives $18,720 a year and $1,560.00 a month. Change the hours as your schedule shifts and the figures update at once.
Unpaid Time Off
A contractor earns $25 an hour but takes two unpaid weeks a year. Setting paid weeks to 50 drops annual pay from $52,000 to $50,000. That is why contractors often charge a higher hourly rate than employees.
Estimating Take Home Pay
An employee earns $60,000 a year, puts 5% into a 401(k) and pays an effective tax rate of 22%. The salary calculator shows $3,000 in deductions, $12,540 in tax and take home pay of $44,460 a year. That is $3,705.00 a month.
Common Salary Conversions
The table below assumes a full time job of 40 hours a week for 52 weeks a year. Monthly pay is the annual figure divided by 12. Use it to check an offer at a glance.
| Hourly rate | Monthly pay | Annual pay |
| $15 | $2,600.00 | $31,200 |
| $20 | $3,466.67 | $41,600 |
| $25 | $4,333.33 | $52,000 |
| $30 | $5,200.00 | $62,400 |
| $40 | $6,933.33 | $83,200 |
| $50 | $8,666.67 | $104,000 |
Different hours or paid weeks change every figure in the wage calculator. A 37.5 hour week, common in some offices, gives 1,950 paid hours a year instead of 2,080. Enter your own schedule for an exact result.
Pay Periods Explained
How often you are paid changes the size of each paycheck, not your yearly total. Employers choose a pay period that suits their payroll. The four most common options are listed below.
- Weekly: 52 paychecks a year.
- Biweekly, or every two weeks: 26 paychecks a year, and sometimes 27.
- Semimonthly, or twice a month: 24 paychecks a year, often on the 15th and the last day.
- Monthly: 12 paychecks a year.
Biweekly and semimonthly sound alike but differ. Biweekly pay gives two months a year with three paychecks, which helps with budgeting. Semimonthly paychecks are slightly larger and always arrive twice a month.
Gross Pay vs Take Home Pay
Gross pay is what you earn before anything is taken out. Take home pay, or net pay, is what is left after taxes and deductions. The gap can be large, so plan your budget around the net figure from the wage calculator.
In the US, deductions usually include federal income tax, Social Security at 6.2% and Medicare at 1.45%. Most states and some cities add income tax too. Retirement plans, health insurance and other benefits can come out before tax, which lowers your taxable income.
Estimating Your Tax Rate
The tool asks for one effective tax rate, which is your total tax as a share of gross pay. You can find it on last year's tax return or a recent payslip. If you are unsure, start with a rough figure and adjust it in the wage calculator once you see your first paycheck.
This approach works in any country, since you supply your own rate. It is an estimate, not a full tax calculation. Brackets, credits and local rules can move the real figure up or down.
Overtime and Hourly Pay
In the US, the Fair Labor Standards Act requires overtime pay of at least 1.5 times the regular rate for most hourly workers after 40 hours in a week. A worker on $20 an hour earns $30 for each overtime hour. Some states have extra rules, such as daily overtime in California.
To include regular overtime, raise the hours per week in the wage calculator. Note that this applies the normal rate to the extra hours. Add the overtime premium separately for an exact figure.
Salary vs Hourly Pay
Salaried jobs pay a fixed amount whatever the hours, while hourly jobs pay for each hour worked. Salaried roles often come with benefits such as paid leave and health insurance. Hourly roles can pay more when overtime is common.
Compare offers on the full package rather than the headline number. Turn every offer into an hourly rate with the salary calculator, using the hours you expect to work. Then add the value of benefits such as a retirement match or health cover.
Wage Calculator for Shift and Gig Work
Shift workers, freelancers and gig drivers rarely work the same hours each week. A wage calculator helps by turning an average week into monthly and yearly figures. Track your hours for a month, take the weekly average and enter it as your hours per week.
For gig work, use your earnings after platform fees and fuel as the pay amount. Enter it per hour or per week, whichever you track. The wage calculator then shows what that income adds up to over a year.
Freelancers should also set aside money for tax and for unpaid time between jobs. Many add 25% to 30% to their target hourly rate to cover those gaps. Set paid weeks below 52 in the wage calculator to see the effect of time off.
Raises and Pay Changes
A raise is easier to judge when you see it in every period. A 5% raise on $52,000 adds $2,600 a year, which is $216.67 a month before tax. Enter the old and new pay in the salary calculator to compare the two.
An hourly raise works the same way. Going from $20 to $22 an hour adds $4,160 a year for a full time job. Run both rates through the wage calculator and the difference appears for each period.
A raise also lifts your tax bill. Add your tax rate to see how much of the raise reaches your account. That number is the one to plan around.
Minimum Wage
The federal minimum wage in the US is $7.25 an hour, which is $15,080 a year for full time work. Many states and cities set a higher minimum, some above $16 an hour. Check the rate for your state, since employers must pay the higher of the federal and state rates.
Enter the minimum wage in the wage calculator to see what it means each month. It is a useful baseline when you judge a job offer. It also helps when you plan a budget on a starting wage.
Tips for Comparing Job Offers
- Turn every offer into the same unit, such as annual or hourly pay.
- Use the hours you will really work, including any regular overtime.
- Add the value of paid leave, bonuses and retirement matching.
- Compare take home pay, since taxes differ between states and countries.
A higher salary is not always the better deal once hours and benefits are counted. Commuting time and costs matter as well. A salary calculator gives you a fair starting point for that comparison.
Why Use Our Salary Calculator
It converts any pay rate between eight periods using your own hours, days and paid weeks. It also estimates take home pay from your tax rate and deductions. Everything runs in your browser and nothing you type is stored. Enter your pay and see what it means now.
Frequently asked questions
Is this salary calculator free?
Yes, it is free with no sign up and no limit.
How do I convert hourly to salary?
Multiply the hourly rate by hours per week and by paid weeks per year.
How do I convert salary to hourly?
Divide the annual salary by the number of paid hours in a year.
How many work hours are in a year?
A full time job of 40 hours a week has 2,080 hours a year.
Does the wage calculator include taxes?
Yes, add your effective tax rate and deductions to estimate take home pay.
What is the difference between biweekly and semimonthly pay?
Biweekly gives 26 paychecks a year, while semimonthly gives 24.
How much is $25 an hour per year?
About $52,000 for a full time job of 40 hours a week.
Can the salary calculator compare two job offers?
Yes, enter each offer in turn and compare the hourly and take home figures.
Which pay period gives the biggest paycheck?
Monthly, though the yearly total is the same either way.
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