Salary Calculator
Convert your salary between annual, monthly, weekly, and hourly amounts.
Your total yearly gross income
Standard is 40 hours
Standard is 5 days
Standard is 52 weeks
What is a Salary Calculator?
A salary calculator is a utility that converts your income into different time frequencies. It helps you understand how your annual salary breaks down into monthly, bi-weekly, weekly, daily, and hourly amounts, which is essential for budgeting and comparing job offers.
How to Calculate Salary
To convert your salary, you generally assume a standard work year. Here are the common formulas:
- Monthly: Annual Salary / 12
- Bi-Weekly: Annual Salary / 26
- Weekly: Annual Salary / 52
- Daily: Weekly Salary / Days per Week (usually 5)
- Hourly: Weekly Salary / Hours per Week (usually 40)
Example Calculation
If you earn $50,000 per year and work a standard 40-hour week:
Annual: $50,000
Monthly: $50,000 / 12 = $4,166.67
Bi-Weekly: $50,000 / 26 = $1,923.08
Weekly: $50,000 / 52 = $961.54
Hourly: $961.54 / 40 = $24.04
Frequently Asked Questions
Gross vs. Net Salary: What's the difference?
Gross salary is your total income before any deductions. Net salary is what you actually take home after taxes, insurance, and retirement contributions are removed. This calculator estimates Gross Salary.
How many work hours are in a year?
A standard full-time year is typically considered 2,080 hours (40 hours/week × 52 weeks).
Does this account for leap years?
This calculator uses standard 52-week years for simplicity. Leap years have 366 days, which might slightly affect daily calculations if you are paid daily.
How do I calculate overtime?
Overtime is usually paid at 1.5 times your regular hourly rate for hours worked over 40 in a week. If your calculated hourly rate is $20, your overtime rate would be $30.
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