Salary Calculator

Convert any salary figure to hourly, daily, weekly, monthly and annual equivalents.

Reviewed: May 21, 2026Uses standard formulasMethodology and assumptionsPlanning use only
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Annual Salary
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Monthly
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Bi-Weekly
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Weekly
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Daily
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Hourly
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Per Minute

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 75โ€“80% take-home (15โ€“20% total deductions)
  • Middle income (~$60,000โ€“$80,000/year): approximately 68โ€“75% take-home
  • Higher income ($100,000+/year): approximately 60โ€“70% 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.

Salary Calculator โ€” Common Questions
Does this show gross or net salary?
Gross (before tax) salary only. Net take-home pay depends on your tax bracket, state, benefit elections, and other deductions. Use the Tax Estimator on this site for a federal income tax estimate, then add state tax and FICA (7.65%) to approximate your full withholding.
How many working hours are in a year?
At standard 8 hours/day, 5 days/week, there are 2,080 working hours per year (8 ร— 5 ร— 52). This is the standard US benchmark for salary calculations. Adjust the hours and days fields if your schedule differs.
What's the difference between bi-weekly and semi-monthly pay?
Bi-weekly = every 2 weeks = 26 paychecks per year. Semi-monthly = twice per month = 24 paychecks per year. Both are common payroll schedules. This calculator uses bi-weekly (26 periods) for the bi-weekly option.
How do I convert a contractor day rate to an annual salary?
Enter your day rate in the salary amount field and select "Daily" as the period. Set days per week to your actual working days. The annual figure will account for your working pattern. Note that as a contractor you typically have no paid vacation, benefits, or employer-paid taxes, so a contractor day rate needs to be higher than an equivalent employee salary to be comparable.