Salary Calculator
Convert any salary figure to hourly, daily, weekly, monthly and annual equivalents.
How to Convert Between Salary Periods
This salary calculator works by first converting your input to an annual figure, then dividing that annual amount by the appropriate number of periods to get any other timeframe. For hourly conversions, it multiplies hours per day by working days per week by 52 weeks per year to establish the annual hours worked, which is then used for all conversions in both directions.
To use it: enter your salary amount, select the period it represents (hourly, daily, weekly, bi-weekly, monthly, or annual), and adjust the working hours and days to match your situation. The results show all time period equivalents simultaneously.
Standard Salary Conversion Assumptions
The default settings โ 8 hours per day and 5 days per week โ reflect a standard full-time work schedule. This gives 52 ร 5 ร 8 = 2,080 working hours per year, which is the most common figure used for salary benchmarking in the United States. If your schedule differs โ part-time, 4-day weeks, longer shifts โ adjust those fields accordingly.
Note that this calculator converts gross salary (before taxes and deductions). Your actual take-home pay will be lower after income tax, Social Security (6.2%), Medicare (1.45%), health insurance, and other withholdings. Use our Tax Estimator to calculate an approximate take-home figure.
Gross vs. Net (Take-Home) Pay
Your gross salary is the amount your employer pays. Your net pay is what arrives in your bank account after all deductions. The gap between the two varies significantly based on income level, filing status, and benefit elections, but a rough rule of thumb for US employees:
- Low income (~$30,000/year): approximately 75โ80% take-home (15โ20% total deductions)
- Middle income (~$60,000โ$80,000/year): approximately 68โ75% take-home
- Higher income ($100,000+/year): approximately 60โ70% take-home depending on state and deductions
These are rough estimates. Use the Tax Estimator for a more precise federal tax figure, and factor in your state's income tax rate separately.
Common Salary Benchmarks
Understanding what your salary converts to on a per-hour basis can be useful for comparing job offers, consulting rates, or freelance pricing. Quick reference conversions at standard hours (2,080/year):
- $15/hour = $31,200/year ($2,600/month)
- $20/hour = $41,600/year ($3,467/month)
- $25/hour = $52,000/year ($4,333/month)
- $50,000/year = $24.04/hour ($4,167/month)
- $75,000/year = $36.06/hour ($6,250/month)
- $100,000/year = $48.08/hour ($8,333/month)
Bi-Weekly vs. Semi-Monthly Pay
Two common payroll schedules are often confused. Bi-weekly pay means you receive a paycheck every two weeks โ 26 paychecks per year. Semi-monthly pay means you receive a paycheck twice per month (1st and 15th, for example) โ 24 paychecks per year. For the same annual salary, bi-weekly paychecks are slightly smaller than semi-monthly ones, but you receive 2 extra paychecks per year. The calculator uses bi-weekly (26 pay periods) for the bi-weekly option.