Calculators4All
Home / Financial / Salary calculator
Financial calculator

Salary calculator

Convert your pay between hourly, weekly, monthly, and annual figures.

$0
Estimated annual pay (before tax)
Hourly—
Daily—
Weekly—
Monthly—

How the conversion works

This calculator first converts whatever pay period you enter into an annual figure, then works back down to hourly, daily, weekly, and monthly equivalents using the work schedule you provide. Assumes 52 weeks per year with no unpaid time off factored in.

What this doesn't include

This is a gross pay estimate — it doesn't account for income tax, social security, retirement contributions, health insurance deductions, overtime pay, bonuses, or unpaid leave. Your actual take-home pay will be lower than the figures shown here.

How to use this salary calculator

Enter your pay amount and select the pay period it applies to — hourly, daily, weekly, monthly, or annual. Then enter your typical work hours per week and work days per week, since these determine how pay converts between periods. Click Calculate, and the tool shows your equivalent pay across every other period, so you can compare a job offer quoted as an hourly rate against one quoted as an annual salary, or figure out what a raise actually means for your weekly paycheck.

Gross pay vs. net pay

Gross pay is the total amount you earn before any deductions — this is what salary figures in job postings and offer letters typically refer to. Net pay, often called take-home pay, is what actually lands in your bank account after taxes, retirement contributions, health insurance premiums, and other deductions are subtracted. The gap between gross and net pay can be substantial — commonly 20-35% depending on your tax bracket, benefits elections, and location — which is why comparing job offers by gross salary alone can be misleading if the benefits packages or tax situations differ significantly.

Why the annual-to-hourly conversion isn't always straightforward

Converting a salary to an hourly rate seems like simple division, but a few assumptions matter. This calculator uses 52 weeks per year, which assumes no unpaid time off — if your job includes unpaid leave periods, your effective hourly rate during working weeks is actually higher than this calculator shows, since the same annual pay is being earned in fewer actual working weeks. Salaried positions also don't always pay overtime for hours beyond a standard work week, while hourly positions typically do — so an hourly rate and a "salary equivalent" hourly rate aren't always directly comparable if overtime expectations differ between the two roles.

Comparing job offers with different pay structures

When comparing an hourly position to a salaried one, it helps to convert both to the same period — usually annual — while also considering factors this calculator doesn't capture, like paid time off, health benefits, retirement matching, and job stability. A salaried role advertised at a lower annual figure than an hourly role's annualized pay might still come out ahead once you factor in paid holidays, vacation days, and employer-covered benefits that an hourly role might not include. Always look at the full compensation package, not just the base pay number, when comparing offers.

Common pay period conventions

Different employers use different pay period conventions, and it's useful to know the standard assumptions. A typical full-time schedule is 40 hours per week, 5 days per week, which this calculator uses as a common default. "Biweekly" pay (every two weeks) results in 26 pay periods per year, which is different from "semi-monthly" pay (twice a month, on set dates like the 1st and 15th), which results in exactly 24 pay periods per year — these two schedules are often confused but produce slightly different per-paycheck amounts for the same annual salary.

Using this calculator to evaluate a raise or offer

When you receive a raise expressed as a new hourly rate, or a job offer stated only as an annual salary, converting both to the same period makes them directly comparable. For example, a raise from $22/hour to $24/hour might sound modest, but converting both to an annual figure at 40 hours a week shows the real dollar impact clearly — roughly $4,160 more per year before taxes. Similarly, if you're comparing a $65,000 salaried offer against a $30/hour contract role, converting the hourly rate to an annual equivalent (accounting for actual expected hours) puts both offers on equal footing for a fairer comparison.

Frequently asked questions

Why doesn't this calculator show my actual take-home pay? Take-home pay depends on tax withholding, filing status, state and local taxes, and benefit deductions, which vary significantly by individual and location — this tool focuses on gross pay conversions, which apply consistently regardless of those personal factors.

How do I account for overtime pay in this calculator? This tool doesn't factor in overtime premiums automatically. If you regularly work overtime, calculate your regular pay separately from overtime pay (typically 1.5x your regular rate) and add them together for a more accurate total.

What if I work a different number of hours each week? Enter your typical or average weekly hours for the closest estimate. For highly variable schedules, it may be more accurate to calculate pay for a specific week using your actual hours for that period.

Is monthly pay always exactly 4 weeks of weekly pay? No — since most months aren't exactly 4 weeks (they range from about 4.0 to 4.4 weeks), monthly pay is calculated from the annual figure divided by 12, not by simply multiplying the weekly rate by 4.

Does this calculator adjust for part-time work automatically? Yes — enter your actual part-time hours per week, and the conversions scale accordingly rather than assuming a standard 40-hour week.

How is a 'living wage' different from minimum wage in these calculations? This calculator simply converts pay between periods — it doesn't compare your rate against any minimum wage or living wage benchmark, which vary significantly by location.

Can I use this to figure out a freelance or contract rate? Yes — enter your desired annual income and expected billable hours to reverse-calculate an hourly rate, though freelancers should typically add extra to cover self-employment taxes and benefits an employer would otherwise provide.

Last reviewed by Mehmed on July 11, 2026.