Salary Calculator
This salary calculator instantly converts your pay between hourly, daily, weekly, bi-weekly, semi-monthly, monthly, and annual amounts. Enter your pay rate and period to see equivalent earnings across all time frames, with optional federal tax estimates and after-tax income breakdowns.
Calculate Your Salary
Enter your pay amount and select the pay period to see equivalent earnings across all time frames.
Frequently Asked Questions
How do I convert hourly wage to annual salary?
To convert an hourly wage to an annual salary, multiply your hourly rate by the number of hours you work per week, then multiply by the number of weeks you work per year. The standard formula is: Annual Salary = Hourly Rate x Hours Per Week x Weeks Per Year. For a typical full-time employee working 40 hours per week for 52 weeks, a $25/hour wage equals $25 x 40 x 52 = $52,000 per year.
How many work hours are in a year?
A standard work year consists of 2,080 hours, based on 40 hours per week multiplied by 52 weeks. However, when accounting for common paid holidays and vacation time, the actual number of working hours is often lower. This calculator lets you adjust both hours per week and weeks per year for accurate results.
How do I calculate my hourly rate from salary?
To calculate your hourly rate from an annual salary, divide your annual salary by the total number of working hours in a year. The formula is: Hourly Rate = Annual Salary / (Hours Per Week x Weeks Per Year). For example, a $60,000 annual salary with a standard 40-hour work week over 52 weeks equals: $60,000 / (40 x 52) = $60,000 / 2,080 = approximately $28.85 per hour.
What is the difference between gross and net salary?
Gross salary is your total earnings before any deductions, including federal and state income taxes, Social Security, Medicare, health insurance premiums, retirement contributions, and other withholdings. Net salary (take-home pay) is what you actually receive after all deductions. For example, a $75,000 gross salary might result in approximately $56,000-$62,000 net pay depending on your tax filing status, state of residence, and benefit elections.
How does overtime affect my salary?
Under the Fair Labor Standards Act (FLSA), non-exempt employees must receive overtime pay at 1.5 times their regular hourly rate for hours worked beyond 40 in a workweek. For example, if your regular rate is $20/hour, overtime pay is $30/hour. Working 45 hours in a week would earn: (40 x $20) + (5 x $30) = $800 + $150 = $950.
What is a bi-weekly pay schedule?
A bi-weekly pay schedule means you receive a paycheck every two weeks, resulting in 26 paychecks per year. This differs from a semi-monthly schedule, which pays twice per month (24 paychecks per year). For a $52,000 annual salary: bi-weekly pay = $52,000 / 26 = $2,000 per paycheck, while semi-monthly pay = $52,000 / 24 = approximately $2,166.67 per paycheck.
How do I account for paid time off?
To account for paid time off (PTO) in salary calculations, you can adjust the weeks per year input. If you receive 2 weeks of paid vacation plus 1 week of holidays, your actual working weeks are 49, but your pay is still based on 52 weeks since PTO is compensated. For hourly workers without paid time off, reduce the weeks per year accordingly.
How do federal tax brackets work?
Federal income tax uses a progressive bracket system where different portions of your income are taxed at increasing rates. For 2025 single filers: the first $11,925 is taxed at 10%, $11,925-$48,475 at 12%, $48,475-$103,350 at 22%, $103,350-$197,300 at 24%, $197,300-$250,525 at 32%, $250,525-$626,350 at 35%, and income above $626,350 at 37%.
Understanding Salary Calculations and Pay Conversions
Use this guide to compare pay across hourly, daily, weekly, bi-weekly, semi-monthly, monthly, and annual schedules, and to understand how federal tax estimates affect take-home pay.
What is a Salary Calculator?
A salary calculator is a financial tool that converts compensation between different pay periods so you can compare earnings on an hourly, daily, weekly, bi-weekly, semi-monthly, monthly, or annual basis.
It helps when you are evaluating a job offer, comparing compensation packages, or trying to understand your effective rate of pay.
This calculator also provides federal tax estimates using the 2025 U.S. tax brackets for single filers.
You can adjust hours per week and weeks per year for part-time work, seasonal work, or other non-standard schedules.
How to Convert Between Pay Periods
The easiest way to convert pay is to normalize everything to annual income first, then divide that number into the pay period you want.
A standard work year uses 40 hours per week and 52 weeks per year, but you can override both values for a more accurate estimate.
- Hourly to Annual: multiply hourly rate by hours per week, then by weeks per year.
- Daily to Annual: multiply daily rate by 5 working days per week, then by weeks per year.
- Weekly to Annual: multiply weekly pay by weeks per year.
- Bi-weekly to Annual: multiply bi-weekly pay by 26.
- Semi-monthly to Annual: multiply semi-monthly pay by 24.
- Monthly to Annual: multiply monthly pay by 12.
Bi-weekly and semi-monthly are not the same: bi-weekly is every two weeks, while semi-monthly is twice per month.
Salary Conversion Formulas
Hourly to Annual
Annual Salary = Hourly Rate x Hours Per Week x Weeks Per Year
Example: $25/hr x 40 hrs/wk x 52 wks/yr = $52,000/year
Annual to Hourly
Hourly Rate = Annual Salary / (Hours Per Week x Weeks Per Year)
Example: $52,000 / (40 x 52) = $25.00/hr
Annual to Monthly
Monthly Salary = Annual Salary / 12
Example: $52,000 / 12 = $4,333.33/month
Annual to Semi-monthly
Semi-monthly Pay = Annual Salary / 24
Example: $52,000 / 24 = $2,166.67/semi-month
Annual to Bi-weekly
Bi-weekly Pay = Annual Salary / 26
Example: $52,000 / 26 = $2,000.00/bi-week
Annual to Weekly
Weekly Pay = Annual Salary / Weeks Per Year
Example: $52,000 / 52 = $1,000.00/week
Understanding Tax Brackets
The U.S. federal income tax system uses progressive tax brackets, which means only the income inside each bracket is taxed at that bracket rate.
The table below shows the 2025 federal brackets used for single filers in this calculator.
| Income Range | Tax Rate |
|---|---|
| $0 - $11,925 | 10% |
| $11,925 - $48,475 | 12% |
| $48,475 - $103,350 | 22% |
| $103,350 - $197,300 | 24% |
| $197,300 - $250,525 | 32% |
| $250,525 - $626,350 | 35% |
| Over $626,350 | 37% |
These estimates cover federal income tax only and do not include deductions, credits, Social Security, Medicare, or state taxes.
Gross vs Net Pay
Gross pay is the amount you earn before deductions. Net pay is the amount you actually take home after taxes and withholdings.
The gap between them can be substantial depending on taxes, benefits, retirement contributions, and other deductions.
- Federal income tax
- State income tax
- Social Security and Medicare
- Health insurance premiums
- Retirement contributions
- Other deductions such as HSA, FSA, union dues, or garnishments
- Employer-paid benefits that add value even though they do not appear on the paycheck
Real-World Examples
Example 1: Hourly Retail Worker
Sarah works part-time in retail at $18.50 per hour and works 35 hours per week for 50 weeks per year.
Sarah could use our Overtime Pay Calculator to see how picking up extra shifts at 1.5x pay would boost her income.
Example 2: Salaried Office Employee
Michael earns $72,000 per year, works a standard 40-hour week, and is paid semi-monthly.
Example 3: Freelance Graphic Designer
Alex is a freelance graphic designer who charges $65 per hour and averages 30 billable hours per week for 48 weeks per year.
Service industry workers and freelancers may also find our Tip Calculator useful when billing clients or calculating gratuities.
Use Cases
- Job offer evaluation: Compare compensation packages that use different pay structures by converting all offers to the same pay period.
- Freelance rate setting: Determine the hourly rate you need to charge to match a salaried position while accounting for self-employment tax and unpaid admin time.
- Budget planning: Understand your monthly and bi-weekly income to build a more accurate household budget.
- Overtime analysis: Calculate how overtime hours at 1.5x pay affect your overall compensation. Use our Overtime Pay Calculator for detailed overtime calculations.
- Part-time vs full-time comparison: See whether changing your work schedule makes financial sense by comparing the effective pay rate at different hour levels.
- Raise and promotion analysis: Quantify the impact of a raise or promotion across hourly, weekly, and monthly pay periods.
- Cost of living comparisons: Convert your salary to hourly or monthly figures so you can compare offers in different cities.
- Side hustle evaluation: Compare the effective hourly rate of side gigs or freelance work against your main job.
Tips for Salary Negotiations
When you understand your pay across all periods, you can negotiate more confidently and compare offers on equal terms.
- Know your market value.
- Calculate your total compensation.
- Think in terms of hourly rate.
- Consider the tax impact.
- Negotiate beyond base salary.
- Account for commute and remote-work savings.
- Negotiate with data, not emotions.
- Plan for annual raises.
- Understand your leverage.
- Get everything in writing.